7078 East Sooke Rd

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$489,900

7078 East Sooke Rd

Silver Spray, Sooke · MLS® 1044900

10,337 sq ft lot · Land · Vacant Land · 85 days on market

listed by Tara Hearn, Century 21 Queenswood Realty Ltd.

realtor's description

Discover the unmatched beauty of Vancouver Island’s rugged coastline from this premier high-bank waterfront lot in the prestigious Silver Spray Marina Estates. Perfectly positioned to capture sweeping, cinematic views across the Juan de Fuca Strait to the snow-capped Olympic Mountains, this elevated parcel offers both breathtaking panoramas and exceptional privacy. From sunrise alpenglow to fiery west-coast sunsets, the natural spectacle unfolds just beyond your future deck. High-bank waterfront living provides the best of both worlds—dramatic outlooks, the soothing sound of waves, and a secure, sheltered perch above the shoreline. Watch orcas, seals, and eagles glide through your protected ocean corridor while enjoying quiet seclusion in a natural setting that feels worlds away. Bordering over 3,600 acres of East Sooke Regional Park, the property sits at the gateway to 50+ km of hiking trails and 10 km of wild, rocky coastline. Outdoor enthusiasts can enjoy kayaking, paddleboarding, and trophy fishing in the pristine waters of the Salish Sea. Whether you envision a contemporary luxury retreat or a timeless west coast estate, this parcel offers a remarkable canvas for your architectural vision. Located less than an hour from downtown Victoria, BC Ferries, and YYJ Airport, Silver Spray offers an ideal blend of serene coastal living and urban accessibility. Owners may also register for priority moorage at the forthcoming Silver Spray Marina, unlocking an elevated west-coast boating lifestyle. This property is exempt from Canada’s foreign buyer ban, making it a rare opportunity for international purchasers seeking a secure and spectacular coastal investment. Pre-approved 50% mortgage financing is available at Prime +1.5% for a 2-year term—no qualification required, with the land serving as security. Don’t miss your chance to secure one of East Sooke’s finest oceanfront offerings.

property details

type: Land, Vacant Land
lot: 10,337 sq ft
parking: 2
property tax: $2,784 / yr
strata fee: $100 / mo
days on market: 85
MLS®: 1044900

features

Partially cleared
Rectangular
Marine Oriented
Family Oriented

the market here

listed now: 125 days; median for 72 homes for sale; this one 85 days

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

property tax by year

year	assessed	est. tax
2026	$460,000	$2,436

The listing shows $2,784 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

$2,488/mo

Mortgage $2,156 · Tax $232 · Strata $100

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

estimated payment

$2,156/ monthly

loan $391,920

25-year amortization

down payment20% · $97,98020%+ 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: $254,915
property transfer tax: $7,798; BC general rate
cash to close: $105,778; down + PTT
total paid: $646,835

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

lot outline: 978 m² (10,527 sq ft) · PID 032-631-260. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Silver Spray, SookeGoogle Maps ↗

schools

Catchment schools, Sooke School District 62

Elementary Saseenos Elementaryhomes in this catchment
4.0 km away · PO Box 820 Stn Main, Sooke · 250-642-5261
Middle Journey Middle Schoolhomes in this catchment
3.6 km away · PO Box 100, Sooke · 250-642-5881
Secondary Edward Milne Community Schoolhomes in this catchment
3.8 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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