Price
$899,000
Bedrooms4 Beds
Bathrooms2 Baths
Size2007 sqft
Year Built2025
Property TypeDetached Home
Property Taxes$1,227.84
Welcome to 203 Macdonald Rd, a brand-new construction home in the heart of beautiful Lake Cowichan, with estimated completion set for the end of June 2025. Nestled on a generous 8,441 sq ft lot, this modern build offers flexibility, functionality, and the potential for strong rental income or multi-generational living. The lower level features a bright and spacious 2-bedroom suite, complete with large windows, in-suite laundry, and a private entrance—perfect for tenants or extended family. The upper level mirrors the thoughtful layout with its own 2-bedroom suite, also offering in-suite laundry, contemporary finishes, and a welcoming, light-filled atmosphere. Located in a growing neighborhood just steps from nature and community amenities, you’ll enjoy easy access to: Lake Cowichan and nearby beaches for summer recreation Schools, parks, and sports facilities Local grocery stores, restaurants, and cafés Scenic walking trails and the Trans Canada Trail A short drive to Duncan and the Cowichan Valley’s wineries and farms Whether you're an investor, homeowner, or extended family seeking a smart layout with income potential, 203 Macdonald Rd delivers space, quality, and small-town charm in one exciting package. Don’t miss out on this rare opportunity in one of Vancouver Island’s most vibrant lakeside communities. (id:39198)
The listing brokerage and/or agent is RE/MAX Generation
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.
$3,332 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$719,200
Total Interest Payments
$443,431
Total Payment (Principal + Interest)
$1,162,631
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.