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38 Cowichan Avenue, Lake Cowichan Lake Cowichan

Price

$624,000

Bedrooms3 Beds

Bathrooms3 Baths

Size2704 sqft

Year Built1973

Property TypeDetached Home

Property Taxes$4,064

Description

This versatile 6-bedroom, 3-bathroom home is designed with flexibility in mind, featuring two self-contained 3-bedroom suites. Each level offers a semi-open layout with eat-in kitchens, spacious living rooms warmed by propane fireplaces, updated bathrooms, and generously sized bedrooms. The upper suite includes a primary bedroom with ensuite, a bonus den or storage area, and refreshed flooring in the kitchen and bath. Outdoors, both front and back yards are fully fenced, providing private green spaces with gated access for each suite. The property also offers RV/boat parking and separate hydro meters for convenience. Nestled on a large corner lot with mountain views, this home is just minutes from town, schools, parks, lake access, and everyday amenities. Perfect for investors or multigenerational living, this property combines space, privacy, and affordability—an opportunity you won’t want to miss! (id:39198)

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Listed By

The listing brokerage and/or agent is Pemberton Holmes Ltd. (Dun)

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.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$2,581 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$499,200

Total Interest Payments

$307,788

Total Payment (Principal + Interest)

$806,988


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Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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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.

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions