Property Type: Land / LotOwnership: Freehold

LT 46 Lakefront Dr

Lake Cowichan, BC V0R3E1

$439,000

0 bed0 bath
Get Directions

Property Details

Property & Lot

Lot size
12,197 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,790

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
1034251
Listed
May 2, 2026
Time on market
On the market for 121 days
Data last synced
August 28, 2026

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

Description

Build Your Dream Sanctuary in Exclusive Woodland Shores. Discover a rare opportunity to own one of the last undeveloped, lake-facing lots in Lake Cowichan’s premier master-planned community. This prime 0.28-acre level lot is freehold and ready to build on now, with municipal services (power, sewer, and water) already at the lot line. Perched to offer breathtaking panoramic views, the south-facing orientation ensures all-day sun for your future oasis. Surrounded by affluent waterfront homes, you’ll enjoy limitless recreation, including boating, swimming, and world-class hiking. Your backyard is a 3 acre playing field. This is the perfect canvas for your custom masterpiece or a high-value investment property. Experience the best of lakeside living in the prestigious Woodland Shores development. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

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
Lake Cowichan ElementaryElementary5.7 km
Lake Cowichan SecondaryElementary5.7 km
Palsson ElementaryElementary5.9 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 (3)

  • Southern Playfield Park92 m
  • Marble Bay Roadside Trail402 m
  • Stoker Park · 9494 Marble Bay Road491 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$351,200.00
Periodic payment — Principal & Interest (monthly)$2,265.82
Additional monthly expenses (strata, tax, utilities, etc.)$232.50
Total monthly cost$2,498.32
Interest paid over 5-yr term$100,654.93
Balance at end of term$315,905.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,206.97

Cash Needed at Closing

Minimum down payment$21,950
Estimated BC PTT$6,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,230

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