1 / 44
Investment signal

$1,499,900

15 7450 Butler Rd

Beds

2

Baths

4

Sqft

Year

2019

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

About this home

Amazing Opportunity to Buy a completely fenced, flat 0.25-acre 2019-built, Commercial and Industrial property. Two work bays you could easily rent out 1 side of the industrial as there are 2 work bays below 2100 + sqft as follows: 29 feet x 39 feet 2 piece bathroom is one bay, and the second bay is 21 feet x 40 feet with a 2-piece bathroom. The residential living area upstairs is an open floorplan featuring a 1200 sqft well-kept legal 2 bedroom suite, literally live where you work? Or have a place where you can house employees or generate rental income. Ideal for a Car Collector, Business Operation that needs secure space, Lots of secure parking on the property. The seller has smartly put in a 3000-gallon underground cistern, Located at #15-7450 Butler Rd, near the CRD building in Sooke's Business Park. Close to Poirer and Young Lake , 5 minutes drive to Sooke Core.45 minutes to downtown Victoria. (id:65958)

Subtype
Single Family
Structure
House
Community
Otter Point
Common interest
Condo/Strata
Living area
1,207 square feet
Lot size
10,890 square feet
Lot dimensions
10890
Parking
8 total
Condo/HOA fee
$290 monthly
On market
Mar 24, 2026
Status changed
Apr 16, 2026
Annual tax
$7,507.62
Zoning
Industrial
Photos
44
MLS#
1029654
Area
SOOKE

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heaters

Cooling

None

Lot

Level lot

Community

Family OrientedPets Allowed

View

Mountain view
Negative cash flow ~$2,879/mo at these assumptions

Cash on cash

-11.52%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,530

Financing

Down payment$299,980
Loan amount$1,199,920
Mortgage$7,361/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$687
Insurance$80
Maintenance$1,250
CapEx reserve$625
Vacancy loss$375

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 $7,361/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.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.