Property Type: Land / LotOwnership: Freehold

LOT B Sa-Seen-Os Rd

Youbou, BC V0R3E1

$1,199,000

0 bed0 bath10 parking
Get Directions

Property Details

Property & Lot

Lot size
0.65 acres
Zoning
Unknown

R3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,726.08

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view
Waterfront
Waterfront on lake

Parking

Total spaces
10

Listing Information

MLS®
1041662
Listed
July 1, 2026
Time on market
On the market for 61 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Exceptional waterfront building opportunities on shores of spectacular Cowichan Lake. Situated on private west-facing peninsula surrounded by luxury residences, rare 0.65-acre walk-on waterfront property offers perfect canvas to create custom lakefront retreat you've always envisioned. Freehold, year-round residence or extraordinary vacation escape, premium homesite combines breathtaking natural beauty w/ outstanding development readiness. Property has been thoughtfully prepared, w/ hydro & CVRD municipal water available, approved septic plan in place, & Development Permit application already submitted & in process. Gentle sloping lot provides effortless access to expansive, level beachfront w/ crystal-clear waters, while gradual deep-water shoreline offers outstanding potential for private dock & moorage for your boat & watercraft. Towering evergreens frame the property beautifully, providing privacy, filtered shade, & stunning natural backdrop without sacrificing the spectacular panoramic lake views. Enjoy unforgettable west-facing sunsets that paint the sky each evening while spending your days swimming, boating, paddleboarding, kayaking, fishing, or simply relaxing on your own private stretch of pristine shoreline. Conveniently located just minutes from Youbou, you'll enjoy easy access to local parks, a coffee shop, artisan boutiques, community amenities, and endless outdoor recreation. Vibrant community of Lake Cowichan is only minutes away by boat or car, offering shopping, restaurants, services, & year-round conveniences. Additional opportunity exists w/ newly constructed luxury waterfront residence next door (MLS 1040954), allowing purchasers rare chance to create a remarkable multi-generational family estate or legacy waterfront compound. Price is plus GST. No Foreign Buyer Ban applies to this property (buyer to verify eligibility). Opportunities to secure premium walk-on waterfront are increasingly rare. (All info should be correct, verify 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Palsson ElementaryElementary11.7 km
Lake Cowichan ElementaryElementary11.7 km
Lake Cowichan SecondaryElementary11.7 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

Parks (2)

  • Youbou Little League Park232 m
  • Lubin Park623 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,200.00
Periodic payment — Principal & Interest (monthly)$6,188.43
Additional monthly expenses (strata, tax, utilities, etc.)$393.84
Total monthly cost$6,582.27
Interest paid over 5-yr term$274,909.48
Balance at end of term$862,803.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,490.14

Cash Needed at Closing

Minimum down payment$94,900
Estimated BC PTT$21,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,380

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.

Request more information