Property Type: Detached HouseOwnership: Freehold

2920 Young Lake Rd

Sooke, BC V9Z0J6

$1,349,000

2 bed2 bath10 parking884 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Lot size
2.03 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,036

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Exterior & Lot

Lot features
Acreage, Partially cleared, Other

Building

Parcel ID (PID)
028-146-794

Parking

Total spaces
10 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
OtherAuxiliary Building
OtherAuxiliary Building
BathroomLower level2-Piece
BalconyMain level
BalconyMain level
BedroomMain level
Living roomMain level
KitchenMain level
BathroomMain level4-Piece
BedroomMain level

Listing Information

MLS®
1041595
Listed
June 26, 2026
Time on market
On the market for 67 days
Data last synced
August 31, 2026

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

Description

Open house Sun Aug 30th 1-2:30 pm Rare opportunity to own a stunning and exceptionally private 2-acre property with usable land, mature fruit trees, and endless potential. This versatile estate allows for the construction of an additional single-family dwelling, making it ideal for multi-generational living or future development. The property features a spacious 3-car garage complete with a convenient 2-piece bathroom, plus a bright 2-bedroom, 1-bathroom suite above. Two cisterns provide reliable water storage, while a substantial 3-bay workshop/outbuilding with a massive mezzanine offers incredible space for hobbies, equipment, storage, or a home-based business. Additional features include a sea-can for extra secure storage and plenty of room for vehicles, RVs, and recreational toys. A unique combination of privacy, functionality, and future potential in a beautiful natural setting. (id:63159)

Values & Trends

This listing

$1,526/sqft

Building average

No other active listings in this building

Otter Point average

$500/sqft

5 active listing(s)

Parking: 10 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

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 ElementaryElementary3.2 km
Ecole Poirier ElementaryElementary3.7 km
Journey Middle SchoolMiddle3.9 km
Sooke ElementaryElementary4.3 km
Edward Milne Community SchoolSecondary5.4 km
Saseenos ElementaryElementary6.0 km
Hans Helgesen ElementaryElementary16.2 km
Willway ElementaryElementary17.6 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 (2)

  • Butler Trail150 m
  • William Simmons Memorial Park238 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($109,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,079,200.00
Periodic payment — Principal & Interest (monthly)$6,962.63
Additional monthly expenses (strata, tax, utilities, etc.)$380.33
Total monthly cost$7,342.97
Interest paid over 5-yr term$309,301.82
Balance at end of term$970,743.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$109,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,528.25

Cash Needed at Closing

Minimum down payment$109,900
Estimated BC PTT$24,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,380

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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