Property Type: TownhouseOwnership: Strata

114 2038 Gatewood Rd

Sooke, BC V9Z1L7

$533,000

2 bed3 bath1 parking1,200 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,239 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$306/mo
Annual property tax
$3,381

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BedroomSecond level10'8 x 14'3
BathroomSecond level4-Piece
EnsuiteSecond level6'5
Primary BedroomSecond level13'1 x 10'7
Laundry roomMain level2'6 x 4'11
BathroomMain level2-Piece
KitchenMain level9'2 x 9'7
Dining roomMain level7'0 x 10'7
EntranceMain level5'7 x 4'8
Living roomMain level13'0 x 14'3

Listing Information

MLS®
1035044
Listed
May 7, 2026
Time on market
On the market for 117 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.

Description

Discover stylish West Coast living in this beautifully appointed 2-bedroom, 2.5-bath corner townhouse, now offered at an attractive new price, in an exceptional location. Thoughtfully designed with spacious interiors & a functional layout, this home showcases modern finishes throughout, including solid surface countertops. The main floor offers an open-concept kitchen, dining, & living area centred around a cozy fireplace and large windows that fill the home with natural light. Step onto your private patio—perfect for entertaining or relaxing. Upstairs, the bright primary bedroom features a generous ensuite, plus a second spacious bedroom & a full 4-piece bathroom. Double closets in both bedrooms provide excellent storage. Direct garage access adds everyday convenience & extra storage, while in-suite laundry enhances comfort. Nestled in a quiet neighbourhood just minutes from Sooke Village, you'll enjoy easy access to hiking trails, shopping, restaurants, & everyday amenities—an exceptional opportunity to embrace relaxed coastal living. (id:63159)

Values & Trends

This listing

$444/sqft

Building average

No other active listings in this building

Sooke Vill Core average

$385/sqft

7 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Malahat

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

15,086

(2021 Census)

+16% since 2016

Density: 266.5/km²

Dwellings: 6,431

Median household income: $90,000

After-tax: $79,500

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom4.1% · 620
  • United States of America1.5% · 230
  • Germany0.8% · 120
  • Philippines0.7% · 110
  • Netherlands0.5% · 80
  • China0.2% · 35
  • Poland0.2% · 30
  • Mexico0.2% · 25

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Sooke ElementaryElementary1.1 km
John Muir ElementaryElementary1.6 km
Journey Middle SchoolMiddle1.6 km
Ecole Poirier ElementaryElementary1.8 km
Edward Milne Community SchoolSecondary2.8 km
Saseenos ElementaryElementary3.3 km
Hans Helgesen ElementaryElementary13.0 km
Westmont Montessori School(Independent)K-1215.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Mom's Cafe · 2036 Sheilds Road329 m
  • Happy Village Restaurant · 2038 Otter Point Road448 m
  • UP Sooke Eatery · 6697 Sooke Road485 m
  • India Delight Bistro & Bar578 m
  • Hara Sushi595 m

Cafes (3)

  • Cafe Vosino · 6715 Eustace Road420 m
  • Serious Coffee600 m
  • Tim Hortons · 6660 Sooke Road746 m

Grocery (2)

  • Village Food Markets · 6661 Sooke Road621 m
  • Western Foods · 6660 Sooke Road731 m

Parks (5+)

  • Nott Brook Park239 m
  • Eve Grove Park · 6843 Eve Grove393 m
  • Millennium Memorial Park · 1971 Maple Avenue South478 m
  • Ed Macgregor Park527 m
  • Amethyst Park · 2111 Amethyst Way569 m

Shopping (3)

  • Unnamed · 6716 West Coast Road402 m
  • Unnamed434 m
  • Unnamed · 6661 Sooke Road614 m

Gyms (1)

  • Sooke Exercise Therapy397 m

Pharmacies (3)

  • Phamasave417 m
  • Forbes IDA Pharmacy493 m
  • Shoppers Drug Mart · 6660 Sooke Road657 m

Banks & ATMs (4)

  • CIBC · 6679 Sooke Road553 m
  • TD Canada Trust · 6670 Sooke Road616 m
  • Coast Capital Savings · 6661 Sooke Road661 m
  • RBC · 6639 Sooke Road740 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($28,300) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$426,400.00
Periodic payment — Principal & Interest (monthly)$2,750.99
Additional monthly expenses (strata, tax, utilities, etc.)$647.45
Total monthly cost$3,398.44
Interest paid over 5-yr term$122,207.47
Balance at end of term$383,548.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,300
Stress test qualifying rate8.09%
Payment you must qualify for$3,880.97

Cash Needed at Closing

Minimum down payment$28,300
Estimated BC PTT$8,660
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,460

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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