Property Type: Land / LotOwnership: Strata

4940 Vinson Lane

Sooke, BC V9Z1M9

$599,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
6.1 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$2,318.07

Interior

Fireplace
None

Listing Information

MLS®
1033370
Listed
April 24, 2026
Time on market
On the market for 129 days
Data last synced
August 28, 2026

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

Description

Far from the Madding crowd but close to all major amenities, this enchanting 6.1 acre plot of forested tranquility is located in the Sooke Hanger development on the Sooke Metchosin border, just north of Matheson Lake. The site is very unique in that it can be accessed from two road frontages, either from Vinson Lane at the highest point of the property onto a building site that would afford dramatic elevated views or from Selborne Rd, onto a level building site for a second structure that would not impinge on the privacy of the main home. The property has been successfully perked and a well with pump installed. Power is to the property line. There is nearly 80 acres of forested common area that assures the owners of properties in this development that the forested beauty of the development shall remain in perpetuity. A rare fabulous offering at a very attractive price. (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.

Nearby Schools

SchoolTypeDistance
Hans Helgesen ElementaryElementary4.3 km
Saseenos ElementaryElementary6.1 km
Westmont Montessori School(Independent)K-126.4 km
Edward Milne Community SchoolSecondary6.6 km
Sooke ElementaryElementary8.0 km
Happy Valley ElementaryElementary8.0 km
Journey Middle SchoolMiddle8.1 km
Ecole Poirier ElementaryElementary8.3 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.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$193.17
Total monthly cost$3,284.81
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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