





159 Neva Road, Lake Cowichan Lake Cowichan
Price
$599,900
Bedrooms2 Beds
Bathrooms2 Baths
Size3128 sqft
Year Built1952
Property TypeDetached Home
Property Taxes$3,000
Description
Opportunity in Lake Cowichan’s desirable Neva Road corridor! This 0.33-acre R-3 zoned property offers subdivision potential and flexible living options. The well-kept main residence features 2 bedrooms, open living space, and a large deck—no suite in the main home. A detached carriage house with vaulted ceilings includes a fully self-contained 1-bedroom suite, perfect for rental income, guests, or studio use. The level lot has ample parking, mature trees, garden beds, and a workshop with additional covered storage. Steps to trails, river access, and schools. Live, rent, or develop in one of the Island’s most sought-after lakefront communities. (id:39198)
Listed By
The listing brokerage and/or agent is One Percent Realty Ltd.
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Property Dimensions
The Property Location
Mortgage Calculator
Total Monthly Payment
$2,406 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$479,920
Total Interest Payments
$295,900
Total Payment (Principal + Interest)
$775,820
Cashflow Calculator
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Comber Friesen Group
Realtors
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Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.