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Lot 1 – 3542 OTTER POINT Road
Sooke · Vacant Land
Listed by PG Direct Realty Ltd. · MLS® 1037841
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Sign inAbout this home
Visit REALTOR website for additional information. Lot 1 is priced $78k under assessed! Private 2.47ac lot with spacious 33,475 sq feet of buildable area (.76 acre) for your dream home. This rural setting provides the benefits of space and privacy in a natural environment. Lot 1 provides room to build your choice of dwelling as there's no prescribed building scheme. RR-2 zoning allows for one or two family dwelling, hobby farm, home based business. Lot has direct access to Otter Point Rd. This location offers the opportunity to enjoy a rural setting, but still have the service and benefits of Sooke only 5km away or 30km to a major centre. If you prefer trips to the beach, scenic hikes or trails, there's a wealth of breathtaking destinations all the way from here to Port Renfrew. Level lot with excellent soil material, prepped buildable area. Drilled and dug well available, fire hydrant on nearby property, plus sawmill, wood products & equipment nearby. Builder proposals welcome!
Home facts
- Parking
- 6
- Property type
- Vacant Land
- Area
- Otter Point
- Listed
- May 22, 2026
- PID
- 032-631-618
- Common interest
- Freehold
Features and inclusions
- Cooling
- None
- Lot
- Southern exposure, Wooded area, Partially cleared, 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
- $1,796
- Property tax
- $108/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,055
Purchase snapshot
- List price
- $379,000
- Down payment
- $75,800 (20%)
- Estimated mortgage
- $303,200
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
- $2,007
- At 5.2965 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
For investors
As a rental
- Estimated rent
- $980 a month
- Gross yield
- 3.1%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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
Land · 55%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
