Lot 1 East Sooke Rd

East Sooke, Sooke · MLS® 1036751

1.27 acres lot · Land · Vacant Land · 168 days on market

listed by Dean Innes, Sotheby's International Realty Canada

realtor's description

Rare opportunity to purchase one or both side-by-side freehold, non-strata lots in beautiful East Sooke. Lot 1 is 1.27 acres and Lot 2 is 1.26 acres, each offered at $499,000. Both properties feature large, level building sites in an elevated, private setting set well back from the road, with the potential for attractive ocean views. Zoned to accommodate a duplex, secondary dwelling unit, or legal suite, these separately titled properties offer exceptional flexibility for building a private West Coast retreat, dream home, or recreational getaway. Municipal water and power are available at the lot line, and both lots have been favourably perk tested for septic systems. Site preparation will be required by the new owner. Surrounded by the natural beauty of East Sooke and its spectacular coastal landscape, this is a rare opportunity to secure acreage in one of Vancouver Island’s most scenic communities.

property details

type: Land, Vacant Land
lot: 1.27 acres
parking: 4
property tax: $1,167 / yr
days on market: 168
MLS®: 1036751

the market here

listed now: 125 days; median for 72 homes for sale; this one 168 days

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

monthly cost

$2,293/mo

Mortgage $2,196 · Tax $97

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

estimated payment

$2,196/ monthly

loan $399,200

25-year amortization

down payment20% · $99,80020%+ 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: $259,650
property transfer tax: $7,980; BC general rate
cash to close: $107,780; down + PTT
total paid: $658,850

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.