Property Type: Land / LotOwnership: Strata

7078 East Sooke Rd

Sooke, BC V9Z1C1

$489,900

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
10,337 square feet
Zoning
Residential

CD3

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$100/mo
Annual property tax
$2,784.12

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
2

Listing Information

MLS®
1044900
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Queenswood Realty Ltd. · Data source: CREA DDF.

Description

Discover the unmatched beauty of Vancouver Island’s rugged coastline from this premier high-bank waterfront lot in the prestigious Silver Spray Marina Estates. Perfectly positioned to capture sweeping, cinematic views across the Juan de Fuca Strait to the snow-capped Olympic Mountains, this elevated parcel offers both breathtaking panoramas and exceptional privacy. From sunrise alpenglow to fiery west-coast sunsets, the natural spectacle unfolds just beyond your future deck. High-bank waterfront living provides the best of both worlds—dramatic outlooks, the soothing sound of waves, and a secure, sheltered perch above the shoreline. Watch orcas, seals, and eagles glide through your protected ocean corridor while enjoying quiet seclusion in a natural setting that feels worlds away. Bordering over 3,600 acres of East Sooke Regional Park, the property sits at the gateway to 50+ km of hiking trails and 10 km of wild, rocky coastline. Outdoor enthusiasts can enjoy kayaking, paddleboarding, and trophy fishing in the pristine waters of the Salish Sea. Whether you envision a contemporary luxury retreat or a timeless west coast estate, this parcel offers a remarkable canvas for your architectural vision. Located less than an hour from downtown Victoria, BC Ferries, and YYJ Airport, Silver Spray offers an ideal blend of serene coastal living and urban accessibility. Owners may also register for priority moorage at the forthcoming Silver Spray Marina, unlocking an elevated west-coast boating lifestyle. This property is exempt from Canada’s foreign buyer ban, making it a rare opportunity for international purchasers seeking a secure and spectacular coastal investment. Pre-approved 50% mortgage financing is available at Prime +1.5% for a 2-year term—no qualification required, with the land serving as security. Don’t miss your chance to secure one of East Sooke’s finest oceanfront offerings. (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

4

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
Sooke ElementaryElementary2.8 km
John Muir ElementaryElementary3.4 km
Journey Middle SchoolMiddle3.6 km
Edward Milne Community SchoolSecondary3.8 km
Saseenos ElementaryElementary4.0 km
Ecole Poirier ElementaryElementary4.0 km
Hans Helgesen ElementaryElementary11.6 km
Westmont Montessori School(Independent)K-1214.4 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

Parks (1)

  • Whiffin Spit Park · 1510 Whiffin Spit Road739 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$391,920.00
Periodic payment — Principal & Interest (monthly)$2,528.53
Additional monthly expenses (strata, tax, utilities, etc.)$332.01
Total monthly cost$2,860.54
Interest paid over 5-yr term$112,325.40
Balance at end of term$352,533.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,578.80

Cash Needed at Closing

Minimum down payment$24,495
Estimated BC PTT$7,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,793

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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