7355 Thornton Hts

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$359,000

7355 Thornton Hts

Silver Spray, Sooke · MLS® 1048100

0.66 acres lot · Land · Vacant Land · 63 days on market

listed by Dean Innes, Sotheby's International Realty Canada

realtor's description

Build your West Coast dream home in the sought-after Silver Spray community of East Sooke. This exceptional .66-acre fee-simple corner lot offers privacy, natural beauty, and an enviable setting surrounded by impressive homes and bordering the spectacular wilderness of East Sooke Park. Municipal water and services are available to the lot line, and the property has its own designated perc field area, providing an excellent foundation for your building plans. Located on the western edge of East Sooke Park and just moments from the shores of the Strait of Juan de Fuca, this is an outdoor enthusiast’s paradise, with world-class hiking, kayaking, fishing, and countless opportunities to explore nature right outside your door. Just 45 minutes from downtown Victoria, yet seemingly a world away. A rare opportunity to secure your own piece of West Coast paradise in one of East Sooke’s most desirable settings.

property details

type: Land, Vacant Land
lot: 0.66 acres
parking: 2
property tax: $2,100 / yr
days on market: 63
MLS®: 1048100

features

Private setting
Wooded area
Irregular lot size
Other

the market here

listed now: 125 days; median for 72 homes for sale; this one 63 days

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

property tax by year

year	assessed	est. tax
2026	$347,000	$1,838

The listing shows $2,100 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

$1,755/mo

Mortgage $1,580 · Tax $175

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

estimated payment

$1,580/ monthly

loan $287,200

25-year amortization

down payment20% · $71,80020%+ 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: $186,803
property transfer tax: $5,180; BC general rate
cash to close: $76,980; down + PTT
total paid: $474,003

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.