1177 Silver Spray Dr

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$434,900

1177 Silver Spray Dr

Silver Spray, Sooke · MLS® 1044154

20,473 sq ft lot · Land · Vacant Land · 98 days on market

listed by Shayne Fedosenko, Maxxam Realty Ltd.

realtor's description

Seller will consider a Vendor Take-Back Mortgage in First Position with $125,000. down. This 0.47-acre building lot offers nearly half an acre of usable land and an excellent opportunity to design and build your custom home. The property is serviced by city water and includes a common septic system already installed. Conveniently located approximately 30 minutes from Sooke’s town core and 40 minutes to the Westshore. The property is located in the popular Silver Spray Development apart of the District of Sooke and situated just 100 yards from Sooke Point, a world-renowned development with easy access to East Sooke Park. Enjoy close proximity to world-class hiking and the East Sooke Coastal Trail, featuring stunning coastal scenery with views of the Juan de Fuca Strait and Olympic Mountains. Call for your private viewing today!

property details

type: Land, Vacant Land
lot: 20,473 sq ft
parking: 4
property tax: $2,627 / yr
strata fee: $150 / mo
days on market: 98
MLS®: 1044154

features

Irregular lot size
Family Oriented

monthly cost

$2,283/mo

Mortgage $1,914 · Tax $219 · Strata $150

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,914/ monthly

loan $347,920

25-year amortization

down payment20% · $86,98020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $226,297
property transfer tax: $6,698; BC general rate
cash to close: $93,678; down + PTT
total paid: $574,217

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

Silver Spray, SookeGoogle Maps ↗

schools

Catchment schools, Sooke School District 62

Elementary Saseenos Elementaryhomes in this catchment
5.2 km away · PO Box 820 Stn Main, Sooke · 250-642-5261
Middle Journey Middle Schoolhomes in this catchment
4.9 km away · PO Box 100, Sooke · 250-642-5881
Secondary Edward Milne Community Schoolhomes in this catchment
5.1 km away · PO Box 1010, Sooke · 250-642-5211

From the Sooke School District 62's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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1177 Silver Spray Dr