- Active
553 Mountain View Drive
Lake Cowichan · Vacant Land
- Lot size
- 8,218 ft²
Listed by Royal LePage Island Living (QU) · MLS® 1047255
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Sign inAbout this home
This exceptional 8,200 sq ft fully serviced lot in Stage 4 of The Slopes at Lake Cowichan offers spectacular mountain and valley views, a great building base, and greenspace at the rear. Better yet, it comes with fully engineered plans for a 1,900 sq ft rancher, complete with an oversized double garage and 12-foot-wide driveway with room for your RV, boat or trailer. The geotechnical work and site surveys are complete, the downslope retaining wall is already constructed, and city water, sewer, underground power and fibre are at the lot. Even the GST has been paid! An introduction to a local builder is available as well. Imagine summer mornings at the lake, afternoons exploring nearby trails, and coming home to your own garden overlooking the surrounding hills. Lake Cowichan’s town centre is less than five minutes away, Duncan is under 20 minutes, and Port Renfrew is an easy trip for a day of fishing or adventure. Whether you’re dreaming of a quieter retirement, a place to raise your family, or simply a home designed around the way you actually live, this is an opportunity to build something uniquely yours, with many of the difficult first steps already behind you.
Home facts
- Lot size
- 8,218 sq ft
- Parking
- 4
- Property type
- Vacant Land
- Area
- Lake Cowichan
- Listed
- August 19, 2026
- PID
- 031-582-788
- Common interest
- Freehold
Highlights
- Double garage
Features and inclusions
- Lot
- Level lot, Other, Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
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
- $1,351
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,584
Purchase snapshot
- List price
- $285,000
- Down payment
- $57,000 (20%)
- Estimated mortgage
- $228,000
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
- $1,843
- 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
- $784 a month
- Gross yield
- 3.3%
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 · 61%
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.