Property Type: Land / LotOwnership: Freehold

Lot B Cowichan Lake Rd

Lake Cowichan, BC V0R2G0

$674,900

0 bed0 bath10 parking
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Property Details

Property & Lot

Lot size
9.4 acres
Zoning
Residential

R-3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Parking

Total spaces
10

Listing Information

MLS®
1030815
Listed
April 3, 2026
Time on market
On the market for 150 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation (LC) · Data source: CREA DDF.

Description

Immerse yourself in nature on this private 9-acre retreat, ideally located just minutes from Lake Cowichan and backing onto the Trans Canada Trail. A seasonal stream winds through the property, creating a peaceful setting surrounded by mature trees, wildlife trails, and a custom gate at the entrance for added privacy. The property is prepped and ready for your vision, with a cleared building site, power shed, well with filtration system, and septic system already in place. Whether you're dreaming of a secluded getaway, hobby farm, or full-time nature retreat, the possibilities here are wide open. Zoning allows for a secondary dwelling and accessory buildings (subject to CVRD bylaws). A rare opportunity to own a peaceful slice of the Cowichan Valley, where nature and convenience meet. (id:63159)

Location Insights

Weather

Nearest station: Duncan

14°C

Humidity 86%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

3,325

(2021 Census)

+3.1% since 2016

Density: 403.5/km²

Dwellings: 1,586

Median household income: $68,000

After-tax: $62,400

Immigrant population: 7.7%

Top countries of origin (% of total population)

  • United Kingdom3.2% · 105
  • United States of America0.9% · 30
  • Germany0.6% · 20
  • South Africa, Republic of0.5% · 15
  • India0.5% · 15
  • Poland0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Palsson ElementaryElementary4.7 km
Lake Cowichan ElementaryElementary4.9 km
Lake Cowichan SecondaryElementary4.9 km
Tansor ElementaryElementary17.6 km
Ecole Mount Prevost ElementaryElementary19.0 km
Drinkwater ElementaryElementary19.6 km
Queen Margaret's(Independent)K-1220.2 km
Cowichan Open SchoolSecondary20.5 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$539,920.00
Periodic payment — Principal & Interest (monthly)$3,483.38
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,483.38
Interest paid over 5-yr term$154,742.62
Balance at end of term$485,659.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,863.01

Cash Needed at Closing

Minimum down payment$42,490
Estimated BC PTT$11,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,488

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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