Property Type: Condo / ApartmentOwnership: Strata

998 Gillespie Rd

Sooke, BC V9Z0Z5

$2,350,000

5 bed3 bath6 parking2,403 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
House
Lot size
5 acres
Zoning
Residential

A

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$220/mo
Annual property tax
$7,381.07

Interior

Heating
Other
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
6 — uncovered indicated
Features
Open

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
PorchMain level44'7 x 7'10
PorchMain level5'10 x 38'1
PorchMain level44'7 x 7'10
PorchMain level5'10 x 38'1
BalconySecond level31'5 x 5'0
BalconySecond level31'5 x 5'0
OtherSecond level7'5 x 9'11
BedroomSecond level15'6 x 9'11
BedroomSecond level15'6 x 9'11
BathroomSecond level11'3 x 6'5
EnsuiteSecond level11'3 x 7'9
Primary BedroomSecond level24'11 x 15'8
BedroomMain level9'8 x 9'7
Laundry roomMain level9'2 x 5'9
BedroomMain level11'1 x 9'8
BathroomMain level4-Piece
KitchenMain level11'5 x 10'11
Dining roomMain level11'5 x 8'8
Living roomMain level19'5 x 25'9

Listing Information

MLS®
1041412
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: The Agency · Data source: CREA DDF.

Description

Set on a private, park like 5 acre oceanfront at the end of Sooke Basin, this extraordinary East Sooke property offers low bank waterfront and your own private beach, ideal for swimming, kayaking, and quiet sunset evenings. Complete privacy, complete serenity, and water at your doorstep. This custom log home, framed and built to lock up, was begun with a family legacy in mind, and the bones are already in place. It's set up for 4 to 5 bedrooms and 3 baths across 2,403 sq ft, with soaring 16' vaulted ceilings, expansive wood windows capturing panoramic ocean views, and a wraparound deck with balconies off the upstairs rooms. All work is covered under new home warranty, ready for the next owner to finish to their own vision. The offering also includes shared ownership of 60+ acres of preserved forest with a stream and pond, plus a 1/7 interest in a separate 10 acre parcel. Just 20 minutes to Sooke and Langford and 40 to Victoria. A rare opportunity to create a family estate, seasonal retreat, or legacy home of your own on one of the most private waterfront parcels in East Sooke. (id:63159)

Values & Trends

This listing

$978/sqft

Building average

No other active listings in this building

East Sooke average

$566/sqft

4 active listing(s)

Parking: 6 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.

Nearby Schools

SchoolTypeDistance
Saseenos ElementaryElementary4.5 km
Edward Milne Community SchoolSecondary5.0 km
Sooke ElementaryElementary6.0 km
Journey Middle SchoolMiddle6.3 km
Hans Helgesen ElementaryElementary6.3 km
Ecole Poirier ElementaryElementary6.6 km
John Muir ElementaryElementary8.1 km
Westmont Montessori School(Independent)K-129.2 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($470,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,880,000.00
Periodic payment — Principal & Interest (monthly)$12,129.12
Additional monthly expenses (strata, tax, utilities, etc.)$955.09
Total monthly cost$13,084.21
Interest paid over 5-yr term$538,813.40
Balance at end of term$1,691,066.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$470,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,456.54

Cash Needed at Closing

Minimum down payment$470,000
Estimated BC PTT$48,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$520,000

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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