Property Type: Land / LotOwnership: Freehold

Lot 41 Lupine Lane

Youbou, BC

$249,900

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
5,663 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,083.56

Interior

Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
1041083
Listed
June 24, 2026
Time on market
On the market for 68 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Set above the shores of Cowichan Lake in Youbou, this 0.13-acre lot offers beautiful lake and mountain views in a peaceful setting. Whether you're planning a full-time home or a weekend retreat, this property provides the opportunity to build exactly what you have in mind. Located in a welcoming lakeside community, you'll enjoy convenient access to many of Youbou's most popular amenities. The Youbou Bar & Grill, local farmers market, and public boat launch are all just across the road, making it easy to enjoy the lake lifestyle. Arbutus Park, with its sandy beach and swimming area, is only a 3-minute drive away, while endless opportunities for boating, fishing, hiking, and exploring the Cowichan Valley surround you. Municipal water is to the property, helping reduce both the cost and uncertainty often associated with building. A great opportunity to secure a view lot in one of Vancouver Island's most scenic lakefront communities. For more information, contact Travis Briggs at 250-713-5501 or travis@travisbriggs.ca (Measurements and data approximate; verify if important.) (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 87%

Wind SW 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Palsson ElementaryElementary12.5 km
Lake Cowichan ElementaryElementary12.6 km
Lake Cowichan SecondaryElementary12.6 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.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$199,920.00
Periodic payment — Principal & Interest (monthly)$1,289.82
Additional monthly expenses (strata, tax, utilities, etc.)$90.30
Total monthly cost$1,380.11
Interest paid over 5-yr term$57,297.65
Balance at end of term$179,828.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,825.56

Cash Needed at Closing

Minimum down payment$12,495
Estimated BC PTT$2,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,993

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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