Property Type: Detached HouseOwnership: Freehold

9370 Cottonwood Rd

Chemainus, BC V0R1K5

$1,299,000

2 bed2 bath8 parking1,380 sqftBuilt 1961
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Property Details

Property & Lot

Sub-type
House
Lot size
1.32 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,263

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Waterfront on lake

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
StorageLower level27'9 x 43'3
EntranceMain level5'10 x 14'0
PantryMain level3'0 x 2'0
Dining roomMain level14'1 x 12'9
KitchenMain level10'3 x 11'0
Living roomMain level14'0 x 19'6
EnsuiteMain level9'10 x 5'11
Primary BedroomMain level9'10 x 13'9
BedroomMain level9'10 x 14'5
BathroomMain level6'3 x 9'3

Listing Information

MLS®
1042550
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

Rare 100 ft of private waterfront on Fuller Lake, one of Vancouver Island’s warmest lakes. Set on 1.32 acres, this beautifully renovated 2-bed, 2-bath home is filled with natural light and showcases breathtaking southwest mountain & lake views with spectacular sunsets. Relax on the expansive wrap-around deck or enjoy swimming, fishing, and paddleboarding from your private dock. Inside, new high-end appliances and high-efficiency heat pump support a future lower suite or vacation rental, while the option to reinstall the staircase allows the home to become one spacious family residence. The property also features a potential studio, workshop, or carriage house with new metal roof, three separate plumbing hookups, and dedicated boat/RV bays, offering flexibility. Surrounded by wildlife, birdwatching, and complete privacy, it’s only 5 minutes to Chemainus and Mt. Brenton Golf Course, 10 minutes to Duncan, 25 minutes to Nanaimo, and 1 hour to Victoria. (id:63159)

Values & Trends

This listing

$941/sqft

Building average

No other active listings in this building

Chemainus average

$521/sqft

29 active listing(s)

Parking: 8 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Duncan

13°C

Humidity 92%

Wind SSW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Chemainus SecondaryK-122.2 km
Chemainus Elementary Community SchoolElementary2.6 km
Crofton Elementary Community SchoolElementary7.6 km
Stz'uminus Senior Secondary(Independent)Secondary10.0 km
Thetis Island ElementaryElementary10.4 km
Ladysmith PrimaryElementary11.9 km
Ladysmith SecondarySecondary12.1 km
Ladysmith IntermediateElementary12.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (1)

  • Haida-Way Family Restaurant · 9320 Trans-Canada Highway784 m

Parks (5+)

  • Fuller Lake Park604 m
  • Caswell Park693 m
  • Rotary Park763 m
  • Fuller Lake Arena789 m
  • Gerry Smith Park798 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$840.92
Total monthly cost$7,545.48
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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