5055 Cowichan Lake Rd
5055 Cowichan Lake Rd · Duncan · Vacant Land · $1,967,999 · MLS 995189
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: 111. 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 111 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.
Auto slideshow from MLS photos.
Recent News
Prime Minister Mark Carney announced that Canada and the United States will share net revenues from the Gordi…
Federal cabinet ministers faced pointed scrutiny from frustrated First Nations chiefs on July 16, 2026, durin…
Royal Bank of Canada (RBC) has agreed to a $45 million class-action settlement to resolve allegations regardi…
Federal Transport Minister Steven MacKinnon announced on Thursday that the Port of Vancouver Gateway Strategy…
The Canadian Real Estate Association (CREA) reported on July 15 that the National Composite MLS® Home Price I…
The Canada Mortgage and Housing Corp.. (CMHC) has released projections indicating that the annual pace of hou…
Home prices in the Fraser Valley declined by 0.9% in June 2026, pushing benchmark prices to a level 26% below…
More than 180 wildfires are currently burning across northern Ontario, prompting evacuation orders for Armstr…
Prime Minister Mark Carney and Alberta Premier Danielle Smith announced a plan for a new oil export pipeline…
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
Terms of Use Agreement
Terms of Use
This website is operated by Gary Gao, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Gary Gao, and CREA.
Copyright
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Trademarks
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 professional real estate services provided by members of CREA.
Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
Amendments
Gary Gao may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.