Property Type: Land / LotOwnership: Freehold

2455 Phillips Rd

Sooke, BC V9Z0Y3

$699,999

0 bed0 bath10 parking
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Property Details

Property & Lot

Lot size
5.65 acres
Zoning
Duplex

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$3,689.36

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Parking

Total spaces
10

Listing Information

MLS®
1039365
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: Maxxam Realty Ltd. · Data source: CREA DDF.

Description

EXCEPTIONAL DEVELOPMENT OPPORTUNITY – $699,999 Rare opportunity to own 5.65 acres in the highly desirable Sunriver Estates Planned Community. One of the few remaining developable parcels, this property is zoned for up to 7 dwelling units, offering outstanding development potential for duplex lots, townhomes, or a thoughtfully designed subdivision. There is also ample room to preserve natural green space or build your dream home while holding future development options. Enjoy breathtaking mountain and valley views, with municipal services available at the property line. Ideally situated beside parks, scenic trails, and the Sooke River, this location combines natural beauty with everyday convenience. The SeaParc Leisure Complex is just minutes away, providing recreation and community amenities for all ages. An exceptional investment, retirement, or lifestyle opportunity in one of Sooke’s most sought-after communities. Price does not include GST (id:63159)

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

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
Ecole Poirier ElementaryElementary1.2 km
Journey Middle SchoolMiddle1.5 km
Edward Milne Community SchoolSecondary1.6 km
Saseenos ElementaryElementary2.1 km
Sooke ElementaryElementary2.2 km
John Muir ElementaryElementary4.4 km
Hans Helgesen ElementaryElementary12.2 km
Willway ElementaryElementary13.5 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 (5+)

  • Riverstone Park · 6327 Riverstone Drive119 m
  • Willow Park229 m
  • Ravens Ridge Park · 2430 Phillips Road407 m
  • Sunriver Nature Trail Park415 m
  • Unnamed458 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($45,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,999.00
Periodic payment — Principal & Interest (monthly)$3,612.92
Additional monthly expenses (strata, tax, utilities, etc.)$307.45
Total monthly cost$3,920.37
Interest paid over 5-yr term$160,497.32
Balance at end of term$503,720.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$45,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.71

Cash Needed at Closing

Minimum down payment$45,000
Estimated BC PTT$12,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,500

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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