Property Type: Land / LotOwnership: Freehold

Lot 43 Galdwell Rd

Cowichan Bay, BC V0R1N1

$469,900

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
10,184 square feet
Zoning
Unknown

R-3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,218.97

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
2

Listing Information

MLS®
1044431
Listed
July 28, 2026
Time on market
On the market for 34 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty · Data source: CREA DDF.

Description

PREMIUM OCEANVIEW LOT for sale in the quaint seaside village of Cowichan Bay. One of the last undeveloped lots in sought after Cowichan Bay Estates subdivision. Located at the end of a cul-de-sac on a no-through road, this .23 acre property is close to dedicated parkland and features spectacular ocean and mountain views. Within walking distance to parks, trails, shopping, marinas, restaurants and more. Fully serviced with water, sewer and natural gas. R3 Zoning allows for detached or attached suite. NO GST. An excellent opportunity to enjoy the Cowichan lifestyle. (id:63159)

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

15

3/9 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
Bench ElementaryElementary1.7 km
Sunrise Waldorf School(Independent)Elementary/Middle2.0 km
Noorunissa Montessori Academy of Canada(Independent)Elementary5.1 km
Ecole Cobble Hill ElementaryElementary5.6 km
Evergreen Independent School(Independent)Elementary5.9 km
Queen of Angels School(Independent)Elementary/Middle6.0 km
Des CascadesElementary6.3 km
Duncan Christian School(Independent)K-126.7 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 (2)

  • The Vine605 m
  • Rock Cod Cafe640 m

Cafes (1)

  • The Udder Guys596 m

Parks (5+)

  • Wessex Ravine Park220 m
  • Wessex Ravine Park Trail Connection224 m
  • Vee Road Trail244 m
  • George Bartlett Trail321 m
  • Pritchard Road Trail344 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$375,920.00
Periodic payment — Principal & Interest (monthly)$2,425.31
Additional monthly expenses (strata, tax, utilities, etc.)$184.91
Total monthly cost$2,610.22
Interest paid over 5-yr term$107,739.75
Balance at end of term$338,141.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,432.70

Cash Needed at Closing

Minimum down payment$23,495
Estimated BC PTT$7,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,393

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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