- Active
#109 – 3251 Cowichan Lake Road
Duncan · Single Family
- Beds
- 2
- Baths
- 1
- Sqft
- 769
- Built
- 1981
Listed by RE/MAX Island Properties (DU) · MLS® 1040519
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Sign inAbout this home
Completely renovated and move-in ready, this ground-floor 2-bedroom condo offers exceptional value with the added convenience of wheelchair accessibility. Perfect for first-time buyers, down-sizers, or investors, this turnkey home has been thoughtfully updated with brand-new flooring, fresh paint throughout, modern light fixtures, new baseboard heaters, refreshed trim and baseboards, new sinks, and an updated shower head. New windows and sliding glass door that bring in plenty of natural light while adding a fresh, modern feel. The functional layout features a spacious living area, an ample kitchen, and a generously sized bathroom designed for comfortable everyday living. Enjoy the bonus storage space and a private, fenced patio—ideal for your morning coffee or evening relaxation. With all the hard work already done, this fresh and stylish condo is ready for its next owner or tenant. Conveniently located close to shopping, transit, and everyday amenities, this is an outstanding opportunity to own a move-in-ready home or add a low-maintenance property to your investment portfolio.
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full
- Interior
- 769 sq ft
- Year built
- 1981
- Parking
- 1
- Property type
- Single Family
- Garage
- Yes
- Area
- West Duncan
- Listed
- June 16, 2026
- Structure
- Apartment
- PID
- 000-815-187
- Common interest
- Condo/Strata
Highlights
- Patio
Features and inclusions
- Appliances
- Refrigerator, Range - Electric, Dishwasher
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Detached Garage, Open, Visitor Parking
- Lot
- Central location, Other
- Community
- Family Oriented, Pets Allowed
Rooms and building
- Water
- Zoning
- Multi-Family
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
- $1,370
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,603
Purchase snapshot
- List price
- $289,000
- Down payment
- $57,800 (20%)
- Estimated mortgage
- $231,200
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
- $2,015
- At 6.9710 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
- $1,120 a month
- Gross yield
- 4.7%
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
- Moderate 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 · 39%
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.
