- Active
#103 – 40 Stanley Road
Lake Cowichan · Single Family
- Beds
- 1
- Baths
- 1
- Sqft
- 884
- Built
- 1995
Listed by Pemberton Holmes Ltd. (Lk Cow) · MLS® 1049954
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Sign inAbout this home
Fully updated & move-in ready, this 1-bedroom plus den, 1-bath condo offers effortless living in the heart of Lake Cowichan—perfect for an active single or couple seeking a low-maintenance lifestyle. The bright, open layout maximizes space & functionality, while the versatile den provides the ideal spot for a home office, guest space, or hobby room. Step out to the balcony & take in views overlooking Central Park & the Cowichan River & the location is perfect, within walking distance to local shops, restaurants, services, recreation & Cowichan Lake. In-suite laundry & shared storage adds extra practicality & convenience & the building allows long-term rentals, making this an excellent option for both homeowners & investors. If you’re looking for comfortable, turn-key living with nature & amenities right at your doorstep, this condo is a must-see!
Home facts
- Bedrooms
- 1
- Bathrooms
- 1 full
- Interior
- 884 sq ft
- Year built
- 1995
- Parking
- 20
- Property type
- Single Family
- Area
- Lake Cowichan
- Listed
- September 16, 2026
- Structure
- Apartment
- PID
- 023-022-663
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Balcony
- In-suite laundry
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
- Heating
- Baseboard heaters, Electric
- Cooling
- See Remarks
- Parking
- Open
- Lot
- Southern exposure, Other, Marine Oriented
- Community
- Family Oriented, Pets Allowed
Rooms and building
- Water
- Zoning
- Commercial
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,303
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,536
Purchase snapshot
- List price
- $274,900
- Down payment
- $54,980 (20%)
- Estimated mortgage
- $219,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $1,778
- At 6.4670 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $741 a month
- Gross yield
- 3.2%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- High risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 62%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.