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Price

$2,799,900

Bedrooms4 Beds

Bathrooms2 Baths

Size2326 sqft

Year Built1970

Property TypeDetached Home

Property Taxes$11,506.79

Description

NEARLY 400ft OF WATERFRONT, 5201 Sooke Rd is a private oceanfront lot with ample opportunities. Situated before the Sooke core, sits this 8 acre waterfront and view lot with two existing dwellings with the potential for building your dream house on a cleared portion above with exceptional mountain and ocean views accompanied by existing separate access. Existing dwellings are both 2 bed + 1 bath, at 1,064sqft and 618sqft respectively with the small cabin featuring hot tub, is excellent for an investment property. With a park-like landscape with trails down to the private cove sandy beach waterfront, private access to the Galloping Goose trail that runs through the property, picturesque views of the Hutchinson Cove and south facing sun. This incredible 8 acre property has an existing application to subdivide which opens up exceptional value including multiple dwellings on each lot. The possibilities are endless, don't miss out on your chance to own this fantastic waterfront property. (id:39198)

Listed By

The listing brokerage and/or agent is Engel & Volkers Vancouver Island

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions

The Property Location

Mortgage Calculator

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Total Monthly Payment

$11,018 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,239,920

Total Interest Payments

$1,381,048

Total Payment (Principal + Interest)

$3,620,968

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home