- Active
8624 North Shore Road
Lake Cowichan · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 2,067
- Built
- 1940
Listed by eXp Realty · MLS® 1037985
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Sign inAbout this home
Perfectly positioned 3 bed 2 bath house on a sunny south-facing 100 foot wide, walk-on waterfront property, this rare offering includes TWO separate legal waterfront lots, each with its own registered PID and ready to submit for building permits! Build 2 new homes situated so close to the lake it will feel like your on it! Located just minutes from town and close to the marina, you’ll enjoy easy boat access while being sheltered from the windier parts of Cowichan Lake. The property features two private docks, including a CanDock system with two jet rolls designed for Sea-Doos. The charming home and guest cottage are designed for true lakefront living, with multiple decks, an outdoor BBQ area, and direct access to warm, crystal-clear water just steps away. Recent upgrades include $25,000 Arctic Spa salt water hot tub, an entertainers dream patio with 3 TVs and a new septic treatment system valued at $100,000+. With incredible sun exposure, unmatched waterfront access, and Airbnb income potential exceeding $100,000 annually for the peak months of June to September alone! This is an exceptional opportunity to enjoy the ultimate Cowichan Lake lifestyle while creating lasting family memories.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 2,067 sq ft
- Lot size
- 8,500 sq ft
- Year built
- 1940
- Parking
- 4
- Property type
- Single Family
- Fireplace
- 1
- Area
- Lake Cowichan
- Style
- Cottage
- Listed
- May 24, 2026
- Structure
- House
- PID
- 006-094-856
- Common interest
- Freehold
Highlights
- Mountain view
- Waterfront
- Patio
- Hot tub
Features and inclusions
- Appliances
- Dishwasher
- Heating
- Baseboard heaters, Propane
- Cooling
- None
- Parking
- Open, Additional Parking
- Lot
- Private setting, Southern exposure, Other, Marine Oriented, Moorage
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
- $8,769
- Property tax
- $542/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $9,460
Purchase snapshot
- List price
- $1,850,000
- Down payment
- $370,000 (20%)
- Estimated mortgage
- $1,480,000
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
- $11,964
- 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
- $1,227 a month
- Gross yield
- 0.8%
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.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- 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 · 66%
Who lives here
Documents
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