Lot 49 Youbou Rd
Youbou, BC V0R3E1
$1,200,000
Property Details
Property & Lot
- Lot size
- 1.3 acres
- Zoning
- Residential
R3
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $6,042.29
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view
- Waterfront
- Waterfront on lake
Parking
- Total spaces
- 5
Listing Information
- MLS®
- 995300
- Listed
- April 14, 2025
- Time on market
- On the market for 504 days
- Data last synced
- August 28, 2026
Listing provided by: The Agency · Data source: CREA DDF.
Description
A rare opportunity awaits on Cowichan Lake—1.3 acres of prime, south-facing lakefront property. With spectacular views, full sun exposure, and just minutes from Laketown Ranch, this is an ideal spot for your dream getaway or investment retreat. This picturesque parcel of undeveloped land invites you to create your perfect vacation escape, whether you prefer to be right by the water's edge or nestled against the mountainside. A dock is already in place, ready to accommodate all your water adventures. The Cowichan Lake area offers an idyllic lifestyle immersed in nature, with endless opportunities for boating, fishing, hiking, and biking—plus convenient access to local amenities. All of this is just under an hour from Nanaimo and a little over an hour’s drive to Victoria. Located in CVRD Area I, the property is not subject to speculation tax, and there is no foreign buyer ban in this region, making it an excellent investment in Vancouver Island’s most desirable lakefront location. (id:63159)
Location Insights
Weather
Nearest station: Nanaimo
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.
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.