- Active
2321 Sooke Road
Colwood · Single Family
- Beds
- 6
- Baths
- 2
- Sqft
- 2,664
- Built
- 1948
Listed by Pemberton Holmes Ltd. - Oak Bay · MLS® 1036920
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Sign inAbout this home
Prime Colwood development opportunity on Sooke Road. This large, level 81’ x 266’ lot offers approximately 21,500+ sq.ft. within the Transit Growth Area of the Colwood OCP. Current R1 zoning, improved with a fully tenanted, detached 5-bedroom house with a 2-bedroom suite on the top level, and large workshop provides holding income during planning. OCP policy supports multi-unit residential and increased density, subject to approvals. A 6-storey residential development has been approved across the street, reinforcing the redevelopment potential of this corridor. Convenient access to transit, Veterans Memorial Parkway, Metchosin Road, Westshore Town Centre, Royal Roads University, and key amenities. This is a compelling acquisition for builders, developers, or long-term land holders looking for a strategic site in one of the West Shore’s key growth areas. Buyer to verify development potential with the City of Colwood.
Home facts
- Bedrooms
- 6
- Bathrooms
- 2 full
- Interior
- 2,664 sq ft
- Lot size
- 21,546 sq ft
- Year built
- 1948
- Parking
- 6
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 2
- Area
- Hatley Park
- Listed
- May 14, 2026
- Structure
- House
- PID
- 005-262-526
- Common interest
- Freehold
Features and inclusions
- Heating
- Forced air, Oil, Natural gas, Wood, Other
- Cooling
- None
- Parking
- Detached Garage, Garage, RV
- Lot
- Central location, Level lot, Private setting, Southern exposure, Wooded area, Other
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $8,058
- Property tax
- $500/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $8,708
Purchase snapshot
- List price
- $1,700,000
- Down payment
- $340,000 (20%)
- Estimated mortgage
- $1,360,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $8,036
- At 4.7271 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 35%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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