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5 Sunset DRIVE
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Cowan Lake · Single Family · under $550,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome Home! Are you looking for your next destination? Enjoy your morning coffee in the Sun Room, or on the beautiful deck. This beautiful lakeview cottage, located on Cowan Lake offers open concept kitchen, dining and living room, 3 bedrooms, 4 piece main bath that has access from the M-Bedroom. Dark kitchen cabinets, with laminate counter top accents the custom stone front island with granite counter top and beautiful hand crafted wood stools. When your not enjoying the water sports, winter activities, visiting, or taking in the many musical festivals that Big River and area offers, sit back, relax in the air conditioning, or enjoy a fire in the custom stone front fireplace ( which is also on the exterior chimney). Enjoy the view from the kitchen, dining, living room, with the wall to wall, floor to ceiling windows. Fully finished basement with family room, bedroom, 3 piece bath, and utility room. Garage access from the basement makes for easy access when arriving and leaving. Other features include, top and bottom decks, patio with fire pit, wood storage and storage shed. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 21.2 × 14 feet | |
| Foyer | 5.8 × 5.5 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen/Dining room | 22.4 × 10.8 feet | |
| Living room | 21 × 18.2 feet | |
| Sunroom | 13 × 9.3 feet | |
| Primary Bedroom | 13 × 12 feet | |
| 4pc Bathroom | 8.5 × 4.8 feet | |
| Bedroom | 13.3 × 9.7 feet | |
| Bedroom | 9.6 × 9.9 feet | |
| Bedroom | 11.6 × 8.5 feet | |
| Laundry room | 6.2 × 5 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 18, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.