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Investment signal

$2,599,900

5211 Sooke Rd

Beds

Baths

Sqft

—

Year

1970

Location

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About this home

NEARLY 400ft OF OCEANFRONT - SUB DIVISION IN PROCESS - 5211 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. (id:65958)

Subtype: Single Family
Structure: House
Community: 17 Mile
Common interest: Freehold
Living area: 1,682 square feet
Lot size: 8 acres
Lot dimensions: 8
Parking: 10 total
On market: Apr 2, 2026
Status changed: Apr 16, 2026
Annual tax: $11,507
Zoning: Residential
Photos: 70
MLS#: 1030854
Area: SOOKE

Features and systems

Parking

Stall

Appliances

WasherRefrigeratorHot TubStoveDryer

Heating

Baseboard heaters

Cooling

None

Lot

AcreagePrivate settingWooded areaIrregular lot sizeRockyPartially clearedOther

View

Mountain viewOcean view

Waterfront

Waterfront on ocean

Negative cash flow ~$4,932/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.38%

Cap rate

3.61%

GRM

16.7

Break-even rent

$18,191

Financing

Down payment$519,980

Loan amount$2,079,920

Mortgage$12,760/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,192

Insurance$80

Maintenance$2,167

CapEx reserve$1,083

Vacancy loss$650

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sooke. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $12,760/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.