2455 Phillips Rd

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$699,999

2455 Phillips Rd

Sunriver, Sooke · MLS® 1039365

5.65 acres lot · Land · Vacant Land · 147 days on market

listed by Greg Killip, Maxxam Realty Ltd.

realtor's description

EXCEPTIONAL DEVELOPMENT OPPORTUNITY – $699,999 Rare opportunity to own 5.65 acres in the highly desirable Sunriver Estates Planned Community. One of the few remaining developable parcels, this property is zoned for up to 7 dwelling units, offering outstanding development potential for duplex lots, townhomes, or a thoughtfully designed subdivision. There is also ample room to preserve natural green space or build your dream home while holding future development options. Enjoy breathtaking mountain and valley views, with municipal services available at the property line. Ideally situated beside parks, scenic trails, and the Sooke River, this location combines natural beauty with everyday convenience. The SeaParc Leisure Complex is just minutes away, providing recreation and community amenities for all ages. An exceptional investment, retirement, or lifestyle opportunity in one of Sooke’s most sought-after communities. Price does not include GST

property details

type: Land, Vacant Land
lot: 5.65 acres
parking: 10
property tax: $3,689 / yr
days on market: 147
MLS®: 1039365

features

Acreage
Irregular lot size

the market here

listed now: 125 days; median for 72 homes for sale; this one 147 days

Homes in Sooke. Sale prices register 1 to 3 months after a sale closes.

property tax by year

year	assessed	est. tax
2026	$774,000	$4,099

The listing shows $3,689 a year in property tax.

Estimate: the BC Assessment value times Sooke's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$3,388/mo

Mortgage $3,081 · Tax $307

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

estimated payment

$3,081/ monthly

loan $559,999

25-year amortization

down payment20% · $140,00020%+ 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: $364,239
property transfer tax: $12,000; BC general rate
cash to close: $152,000; down + PTT
total paid: $924,238

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

Sunriver, SookeGoogle Maps ↗

schools

Catchment schools, Sooke School District 62

Elementary Sooke Elementaryhomes in this catchment
2.2 km away · PO Box 70, Sooke · 250-642-5431
Middle Journey Middle Schoolhomes in this catchment
1.5 km away · PO Box 100, Sooke · 250-642-5881
Secondary Edward Milne Community Schoolhomes in this catchment
1.6 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.

good to know

Wildfire
The BC Wildfire Service rates Langford's wildland urban interface as risk class 1 of 5 (the highest class). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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