$649,900
73 Cowichan Ave W
Beds
5
Baths
2
Sqft
—
Year
1940
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
OPEN HOUSE SUN 1-3. Discover the perfect blend of lifestyle, flexibility, and value in the heart of Cowichan Lake. This spacious and bright 5-bedroom, 2-bathroom home offers over 2,300 sq ft of updated living space, ideal for families, investors, or those seeking a mortgage helper. The main level features 3 bedrooms and 1 bathroom, while the self-contained 2-bedroom suite below includes a separate entrance and its own laundry, perfect for an extended family or generating rental income. Thoughtful updates throughout provide peace of mind, including a newer roof, vinyl windows, 200 amp electrical service, updated kitchen and bathrooms, fresh interior paint, vinyl plank flooring, and more. The home exudes warmth and character with charming wainscoting and a welcoming country feel. Step outside to a fully fenced backyard with gated access, ideal for kids, pets, and outdoor enjoyment. There is ample parking, including room for an RV, making it perfect for those who value space and convenience. Located in a safe, quiet, and vibrant community, you’re just minutes from the town core, Cowichan Lake, the river, schools, and local shops. Enjoy the best of small-town living while still being connected, and only 20 minutes to Duncan and approximately 1 hour to Victoria. Whether you're looking for a turnkey family home, an investment property, or a flexible living solution, this property offers exceptional value and opportunity in one of Vancouver Island’s most desirable recreational communities. (id:65958)
- Subtype
- Single Family
- Architectural style
- Westcoast
- Structure
- House
- Community
- Lake Cowichan
- Common interest
- Freehold
- Living area
- 2,304 square feet
- Lot size
- 7,200 square feet
- Lot dimensions
- 7200
- Parking
- 2 total
- On market
- Apr 8, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $4,320.84
- Zoning
- Residential
- Photos
- 43
- MLS#
- 1031171
- Area
- LAKE_COWICHAN
Features and systems
Appliances
Heating
Cooling
Lot
View
Cash on cash
-11.49%
Cap rate
3.59%
GRM
16.4
Break-even rent
$4,610
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lake Cowichan. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.