Lot 1 3542 OTTER POINT Rd
Sooke, BC V9Z0K1
$379,000
Property Details
Property & Lot
- Lot size
- 2.47 acres
- Zoning
- Residential
RR-2
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Cooling / A/C
- None
- Fireplace
- None
Parking
- Total spaces
- 6
Listing Information
- MLS®
- 1037841
- Listed
- May 23, 2026
- Time on market
- On the market for 101 days
- Data last synced
- August 28, 2026
Listing provided by: PG Direct Realty Ltd. · Data source: CREA DDF.
Description
Visit REALTOR website for additional information. Lot 1 is priced $78k under assessed! Private 2.47ac lot with spacious 33,475 sq feet of buildable area (.76 acre) for your dream home. This rural setting provides the benefits of space and privacy in a natural environment. Lot 1 provides room to build your choice of dwelling as there's no prescribed building scheme. RR-2 zoning allows for one or two family dwelling, hobby farm, home based business. Lot has direct access to Otter Point Rd. This location offers the opportunity to enjoy a rural setting, but still have the service and benefits of Sooke only 5km away or 30km to a major centre. If you prefer trips to the beach, scenic hikes or trails, there's a wealth of breathtaking destinations all the way from here to Port Renfrew. Level lot with excellent soil material, prepped buildable area. Drilled and dug well available, fire hydrant on nearby property, plus sawmill, wood products & equipment nearby. Builder proposals welcome! (id:63159)
Location Insights
Weather
Nearest station: Malahat
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
| School | Type | Distance |
|---|---|---|
| John Muir Elementary | Elementary | 3.5 km |
| Ecole Poirier Elementary | Elementary | 5.0 km |
| Journey Middle School | Middle | 5.1 km |
| Sooke Elementary | Elementary | 5.3 km |
| Edward Milne Community School | Secondary | 6.7 km |
| Saseenos Elementary | Elementary | 7.2 km |
| Hans Helgesen Elementary | Elementary | 17.4 km |
| Willway Elementary | Elementary | 19.1 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($18,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.