Property Type: Land / LotOwnership: Freehold

LOT 51 North Shore Rd

Youbou, BC V0R3E1

$299,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
8,276 square feet
Zoning
Other

F-1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,116.34

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Parking

Total spaces
4

Listing Information

MLS®
1039696
Listed
June 8, 2026
Time on market
On the market for 85 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Escape to the peaceful beauty of Youbou with this incredible lake-view property, perfectly positioned just minutes from the village centre and directly across the road from public beach access to stunning Lake Cowichan. This freehold lot offers a rare opportunity to create your ideal getaway, whether you're dreaming of a cozy vacation retreat, an off-grid escape, or a year-round home surrounded by nature. Embrace the outdoor lifestyle with endless opportunities for hiking, biking, paddleboarding, kayaking, swimming, fishing, and boating right at your doorstep. The property provides a blank canvas for your vision, with plenty of space to explore sustainable living and alternative energy options, including solar power. A trailer already on site offers an immediate place to relax and enjoy the surroundings while you plan your future retreat. The cleared upper portion of the lot is ideally situated to capture even more breathtaking lake views, creating the perfect setting for your dream build. Just a short drive away, the town of Lake Cowichan offers shopping, restaurants, cafés, and all the everyday conveniences you need. Whether you're seeking adventure, tranquility, or a little of both, this unique property is your gateway to the Lake Cowichan lifestyle. (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

13°C

Partly Cloudy

Humidity 88%

Wind WSW 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$93.03
Total monthly cost$1,636.27
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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