Property Type: Land / LotOwnership: Strata

7100 Friendship Lane

Sooke, BC V9Z1C1

$699,900

0 bed0 bath
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Property Details

Property & Lot

Lot size
10,463 square feet
Zoning
Residential

CD3

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$141/mo
Annual property tax
$4,466.69

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
1044947
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

Exceptional pricing for a rare low-bank waterfront property at Silver Spray Marina Estates. Welcome to 7100 Friendship Lane, a private 0.24-acre parcel offering an extraordinary opportunity to create a custom home in one of Vancouver Island’s most remarkable coastal settings. The property enjoys sweeping west-facing views across the Juan de Fuca Strait to the Olympic Mountains and Whiffen Spit. Imagine ending each day with a spectacular West Coast sunset while watching for passing orcas, bald eagles and other marine life from the comfort of your future home. Here, outdoor adventure begins at your own waterfront. Direct access from the property leads to a peaceful pebble beach, allowing you to launch a kayak or paddleboard, cast a line, or explore the shoreline. Nearby, the 3,600-acre East Sooke Regional Park offers more than 50 kilometres of hiking trails and approximately 10 kilometres of rugged oceanfront, further expanding the opportunities for hiking, paddling, fishing and nature exploration. Bordering the proposed Silver Spray Marina, the property is ideally positioned to enjoy the benefits of this evolving coastal community. Owners may register for priority moorage should the marina proceed, adding another dimension to the West Coast lifestyle. This peaceful waterfront setting is located just under an hour from downtown Victoria, with convenient access to BC Ferries and Victoria International Airport. The property is also exempt from Canada’s foreign buyer ban, offering international purchasers an opportunity to own a special piece of Vancouver Island. Pre-approved 50% mortgage financing is available at Prime + 1.5% for a two-year term. No qualification is required; the land serves as security. Build your coastal retreat, legacy property or year-round home in a setting defined by ocean views, natural beauty and direct access to the beach and sea. Book your private tour of 7100 Friendship Lane today. (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 Road749 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$513.22
Total monthly cost$4,125.64
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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