Price
$2,000,000
Bedrooms3 Beds
Bathrooms3 Baths
Size3732 sqft
Year Built2005
Property TypeCondo/Townhouse
Property Taxes$11,654.85
Unit Number8
Maintenance Fees$137.5/month
Welcome to a once-in-a-lifetime opportunity to own an exceptional waterfront property on Cowichan Lake. Situated in a gated community on Point Ideal Drive. This stunning residence was custom built in 2005 and offers 3,241 sq. ft. of thoughtfully designed living space on an 8,815 sq. ft. lot with a private dock. Every detail was carefully considered to highlight the beauty of the lake and surrounding mountains, creating a timeless West Coast retreat. The main level greets you with soaring 19’ ceilings, a striking stone fireplace, and walls of windows that frame spectacular views. Oak hardwood floors and custom millwork add warmth and craftsmanship throughout. The kitchen is designed for both function and style, featuring maple shaker cabinetry, granite countertops, walk-through pantry, butcher block prep area, and a large island that opens to the dining room and sunroom. From here, step out to a 300+ sq. ft. deck with panoramic views and direct access to the backyard and dock—perfect for summer entertaining and lakeside living. The main floor also includes a bedroom, full bath, and laundry with quartz counters and fir cabinetry. Upstairs, the primary suite feels like a private getaway, with 15’ ceilings, a wall of windows overlooking the lake, private deck, and spa-inspired ensuite with soaker tub and separate shower. An additional bedroom, 4-piece bath, and office space complete this level. The lower floor offers a wine cellar, games room, and theatre room, providing plenty of space for family and friends. The property’s private dock features aluminum railings and durable composite decking, making lake access both safe and stylish. This remarkable home has been lovingly cared for by the original owners and is ready to create new memories for the next family. Rarely does a property of this caliber become available on Cowichan Lake—don’t miss your chance to make it yours. Contact your Realtor or the Victoria Real Estate Team today to arrange a private viewing. (id:39198)
The listing brokerage and/or agent is NAI Commercial (Victoria) Inc.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$8,294 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,600,000
Total Interest Payments
$986,498
Total Payment (Principal + Interest)
$2,586,498
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.