Sec 126 Mt. Matheson Rd

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$1,850,000

Sec 126 Mt. Matheson Rd

East Sooke, Sooke · MLS® 1048795

37 acres lot · Land · Vacant Land · 48 days on market

listed by David Stevens, Royal LePage Coast Capital - Chatterton

realtor's description

An outstanding opportunity to acquire 37.2 acres on Mt. Matheson, offering spectacular views of the Sooke Basin and surrounding mountains from numerous potential building sites, with additional panoramic views across the Strait of Juan de Fuca from the upper portion of the property. Preliminary planning/subdivision concepts are available, illustrating the many possibilities this exceptional property may offer. Whether your vision is to create a private West Coast estate, pursue a multi-lot subdivision, or explore a long-term investment opportunity, there is tremendous flexibility and potential here. The property has been surveyed and flagged, with hydro, telephone and cable services are available at the property line. Ideally located just approximately 30 minutes from Victoria, this is a rare opportunity to create a private estate or explore a significant development opportunity in a spectacular West Coast setting. An opportunity exists to also acquire neighbouring lands.

property details

type: Land, Vacant Land
lot: 37 acres
parking: 0
property tax: $7,915 / yr
days on market: 48
MLS®: 1048795

features

Private setting
Wooded area
Rectangular

the market here

listed now: 125 days; median for 72 homes for sale; this one 48 days

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

monthly cost

$8,802/mo

Mortgage $8,142 · Tax $660

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

estimated payment

$8,142/ monthly

loan $1,480,000

25-year amortization

down payment20% · $370,00020%+ 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: $962,632
property transfer tax: $35,000; BC general rate
cash to close: $405,000; down + PTT
total paid: $2,442,632

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: 151,516 m² (1,630,903 sq ft) · PID 028-605-748. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

East Sooke, SookeGoogle Maps ↗

schools

Catchment schools, Sooke School District 62

Elementary Saseenos Elementaryhomes in this catchment
5.7 km away · PO Box 820 Stn Main, Sooke · 250-642-5261
Middle Journey Middle Schoolhomes in this catchment
7.5 km away · PO Box 100, Sooke · 250-642-5881
Secondary Edward Milne Community Schoolhomes in this catchment
6.2 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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