Property Type: Land / LotOwnership: Freehold

LOT 58 Lupine Lane

Youbou, BC

$264,000

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
5,662 square feet
Zoning
Residential

R-3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,549.08

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Parking

Total spaces
2

Listing Information

MLS®
1039697
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

Build your dream in beautiful Youbou! This exceptional lake-view lot is tucked away on a quiet no-through lane, offering a peaceful setting with stunning views of Lake Cowichan. With frontage on Youbou Road, municipal water and hydro at the lot line, you'll have the flexibility and convenience to bring your vision to life. Just a short walk to the beach and minutes from local amenities, you'll enjoy easy access to swimming, kayaking, paddleboarding, hiking, and endless outdoor recreation. Whether you're building a full-time home, vacation retreat, or investment property, this is a rare opportunity to own in one of Vancouver Island's most desirable lake communities. Measurements are approximate and should be verified 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% ($13,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$211,200.00
Periodic payment — Principal & Interest (monthly)$1,362.59
Additional monthly expenses (strata, tax, utilities, etc.)$129.09
Total monthly cost$1,491.68
Interest paid over 5-yr term$60,530.53
Balance at end of term$189,975.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,200
Stress test qualifying rate8.09%
Payment you must qualify for$1,928.56

Cash Needed at Closing

Minimum down payment$13,200
Estimated BC PTT$3,280
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,980

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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