4537 Otter Point Rd

Otter Point, Sooke · MLS® 1051335

bedrooms: 7
bathrooms: 6
living area: 2,699 sq ft
lot: 10 sq ft
parking: 6
built: 1991
type: House
style: Single Family

about this home

What would you do with 10 acres of land and 3 residential buildings? A turn-key vacation rental opportunity, hobby farm, equestrian property, or just enjoy the spectacular view! 4537 Otter Point Road, just a 10-minute drive west of Sooke of…

features

Acreage
Hillside
Private setting
Southern exposure
Irregular lot size
Sloping

what it costs per month

estimated payment

$7,962/ monthly

loan $1,439,920

25-year amortization

down payment20% · $359,98020%+ down: no mortgage insuranceinterest rate4.49%5-year fixed, semi-annual compoundingamortizationpayment frequency

total interest: $948,549
property transfer tax: $33,998; BC general rate
cash to close: $393,978; down + PTT
total paid: $2,388,469

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.