5055 Cowichan Lake Rd

5055 Cowichan Lake Rd · Duncan · Vacant Land · $1,967,999 · MLS 995189

Duncan, British Columbia
C$1,967,999
For sale
5055 Cowichan Lake Rd

5055 Cowichan Lake Rd is located in Duncan. Property snapshot: Vacant Land, listed at $1,967,999, MLS 995189. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 90. Latest recorded list price 1967999.00.

List Price: $1,967,999
MLS: 995189
Days on Site: 90
Price History: Latest recorded list price 1967999.00

Local Decision Guide

How should buyers evaluate 5055 Cowichan Lake Rd?

Start by reading this listing in its Duncan context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5055 Cowichan Lake Rd?

This page shows a list price of $1,967,999 with MLS 995189.

What type of home is this Duncan listing?

The page shows Vacant Land at 5055 Cowichan Lake Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 90 days on market/site. Latest recorded list price 1967999.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Attention Investors & Developers.This type of property is hard to find. Sunny & Treed. Possible group purchase? Foreign Buyers Eligible. Only minutes from the New (& old) Hospitals, Town & Cowichan Lake. This is a rare opportunity. 48.8 wooded acres (approx. $40,000. per acre) zoned F-2A. NOT in ALR. Subdividable into 3 parts with conditions. (verify with CVRD). MOTT approved access off Cowichan Lake Road. Some RAR & work with CVRD done. The possibilities here are great! Vineyard possibilities. Very Nice Property. Sunny, warm & nice, gentle south facing property. Group purchase? Listing agent has owned this property for ~20 years. Price is + GST. Address is approximate. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
2,125,728 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 28175879 (995189)

Become a VIP member for free. More details will be available.
The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

Free sign-up unlocks site context
Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,967,999

Lot Area: 2,125,728 sf

PID: 009-845-526

Days on Site: 90 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-06-09 10:01 AM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Shopping Centres
Vancouver Island Motorsport Circuit
About 4.9 km away
4063 Cowichan Valley Highway

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

Newsletter

Enter your email to receive market updates and new listing alerts.

NEED TO CONSULT
A REALTOR?

We’re here for you!
Most inquiries receive a response within a few hours.
No spam. Just helpful answers.
You can also text Gary @ 778.801.1314

Classic Search

Recent News

Jun 25, 2026
Grosvenor Doubles Mayfair West Density, Adds 1,404 Rental Units in Revised Oakridge Plan
Grosvenor Doubles Mayfair West Density, Adds 1,404 Rental Units in Revised Oakridge Plan

Grosvenor has submitted a significantly revised rezoning application for its Mayfair West project on the form…

Jun 25, 2026
B.C. Government Marks 5 Years Since Heat Dome Killed Hundreds
B.C. Government Marks 5 Years Since Heat Dome Killed Hundreds

The B.C.. government is marking the fifth anniversary of the heat dome that struck British Columbia five year…

Jun 25, 2026
Bank of Canada Rules Out Inflation Target Review in 2026 Renewal
Bank of Canada Rules Out Inflation Target Review in 2026 Renewal

Bank of Canada Governor Tiff Macklem announced that the central bank will not review its two per cent inflati…

Jun 25, 2026
Chilliwack to pay $28,000 monthly security cost after BC Housing cuts funding
Chilliwack to pay $28,000 monthly security cost after BC Housing cuts funding

Chilliwack will absorb an additional $28,000 in monthly security costs after BC Housing announced it will sto…

Jun 25, 2026
Carney admits poor rollout of $1.45B BC 'Building Canada Strong' program amid condo correction
Carney admits poor rollout of $1.45B BC 'Building Canada Strong' program amid condo correction

Prime Minister Mark Carney acknowledged the government's poor communication surrounding the $1.45 billion "Bu…

Jun 25, 2026
Carney Defends $1.45 Billion B.C. Condo Buyout for Affordable Housing
Carney Defends $1.45 Billion B.C. Condo Buyout for Affordable Housing

Prime Minister Mark Carney defended the federal government’s proposal to convert a glut of unsold condominium…

Jun 25, 2026
Carney defends B.C. condo conversion plan as affordability measure amid bailout claims
Carney defends B.C. condo conversion plan as affordability measure amid bailout claims

Prime Minister Mark Carney announced a federal-provincial partnership designed to convert a significant porti…

Jun 25, 2026
Rentals.ca Spring 2026 Survey: Vancouver Renters Use AI for Rental Searches Amid High Costs
Rentals.ca Spring 2026 Survey: Vancouver Renters Use AI for Rental Searches Amid High Costs

Rentals.ca released its Spring 2026 Renter Preference Survey, revealing that a growing number of renters in m…

Jun 25, 2026
Carney-Smith Pipeline Deal: National Interest Designation by October, Carbon Tax Concessions
Carney-Smith Pipeline Deal: National Interest Designation by October, Carbon Tax Concessions

Prime Minister Mark Carney and Alberta Premier Danielle Smith signed an agreement in Calgary on Friday to fas…

Listing data displayed on this page is provided under license and may be based in whole or in part on information supplied by members of The Canadian Real Estate Association, participating real estate boards, brokerages, and authorized data providers. MLS®, REALTOR®, and related marks are owned or controlled by The Canadian Real Estate Association. Listing information is deemed reliable but is not guaranteed accurate, complete, or current. Users should verify all material facts with a licensed REALTOR® on BurnabyHouse.com before making decisions.

Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Tue, 09 Jun 2026 09:33:06 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Pemberton Holmes Ltd. - Oak Bay

BurnabyHouse AI Assistant