Property Type: Land / LotOwnership: Freehold

Lot 3 - 384 Seaspray Dr

Metchosin, BC V9C4A6

$869,900

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
1.34 acres
Zoning
Residential

RR1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1

Interior

Fireplace
None

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Listing Information

MLS®
1029874
Listed
March 25, 2026
Time on market
On the market for 159 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Chatterton · Data source: CREA DDF.

Description

Prime location meets endless potential on Seaspray Drive, just inside the Metchosin border and minutes from Royal Bay's burgeoning amenities. This 1.34 acre parcel boasts an secluded building site, with good light and surrounding trees providing a privacy buffer. No building scheme restrictions allow for flexibility in home design, accommodating a secondary suite, home-based businesses, and spacious dwellings alike. Enjoy the convenience of being 5 minutes from groceries, schools, and recreational facilities, all while relishing a tranquil rural ambiance. For nature enthusiasts, Witty's Lagoon Park and East Sooke Park are a brief drive away. Seize the opportunity to create your ideal lifestyle in this idyllic setting and build your dream home. (id:63159)

Location Insights

Weather

Nearest station: Esquimalt

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

5,067

(2021 Census)

+7.6% since 2016

Density: 72.8/km²

Dwellings: 1,938

Median household income: $104,000

After-tax: $91,000

Immigrant population: 13.6%

Top countries of origin (% of total population)

  • United Kingdom5.1% · 260
  • United States of America2.1% · 105
  • Germany1.3% · 65
  • Netherlands0.4% · 20
  • South Africa, Republic of0.3% · 15
  • China0.3% · 15
  • Poland0.2% · 10
  • Philippines0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

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
Royal Bay SecondaryElementary1.6 km
Westmont Montessori School(Independent)K-121.8 km
Dunsmuir Middle SchoolMiddle2.7 km
Wishart ElementaryElementary3.0 km
Sangster ElementaryElementary3.0 km
Happy Valley ElementaryElementary4.2 km
Colwood ElementaryElementary4.6 km
Westshore Secondary SchoolSecondary4.7 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 (5+)

  • Unnamed37 m
  • Unnamed155 m
  • Unnamed206 m
  • Unnamed356 m
  • Graceland Drive Trail Park520 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($61,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$695,920.00
Periodic payment — Principal & Interest (monthly)$4,489.84
Additional monthly expenses (strata, tax, utilities, etc.)$0.08
Total monthly cost$4,489.92
Interest paid over 5-yr term$199,452.67
Balance at end of term$625,982.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$61,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,212.55

Cash Needed at Closing

Minimum down payment$61,990
Estimated BC PTT$15,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$78,888

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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