Property Type: Land / LotOwnership: Freehold

2194 Otter Ridge Dr

Sooke, BC V9Z1E4

$399,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
0.69 acres
Zoning
Residential

RR-2

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,191.58

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4

Listing Information

MLS®
1029492
Listed
March 20, 2026
Time on market
On the market for 165 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Discover the perfect blend of privacy and West Coast living on this 0.70 acre lot on Otter Ridge Drive in beautiful Sooke. Located in a quiet, well established neighbourhood surrounded by quality homes, this property offers a private treed backyard that feels peaceful and tucked away, while still being part of a welcoming community. Take in beautiful sunsets over the Pacific and enjoy the calming sound of the waves in the distance, creating a relaxed coastal atmosphere you will love coming home to. Just minutes from hiking trails, world class fishing, kayaking, and the shops and cafés of Sooke, this location offers the best of both nature and convenience. With plenty of space for a custom home, gardens, and outdoor living, this is a rare opportunity to build in one of Sooke’s most desirable and established neighbourhoods. (id:63159)

Location Insights

Weather

Nearest station: Malahat

Mainly Clear

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 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

11

1/9 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
John Muir ElementaryElementary5.4 km
Sooke ElementaryElementary8.0 km
Journey Middle SchoolMiddle8.2 km
Ecole Poirier ElementaryElementary8.2 km
Edward Milne Community SchoolSecondary9.7 km
Saseenos ElementaryElementary10.2 km
Hans Helgesen ElementaryElementary19.7 km
Westmont Montessori School(Independent)K-1222.2 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

Parks (4)

  • Otter Point Access Park93 m
  • Otter Point Park304 m
  • Elrose Park440 m
  • Elrose II Park475 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$99.30
Total monthly cost$2,158.67
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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