For Sale · Land

Lot 1 Aythree Way, Sooke

Lot 1 Aythree Way, Sooke, BC V9Z0Z5

$649,000 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

85%

Lot Size

12.53 ac

About this property

Lot 1 offers approximately 12 usable acres of rural land with multiple potential building sites and access points, providing flexibility to create your ideal home or homestead. The property already features a drilled well and 200-amp electrical service, giving you a head start on development. With plenty of space, privacy, and several possible locations to build, this property offers an excellent opportunity to bring your rural living vision to life! Inquire today for the information package. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$649K
Down payment30% · $195K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$31K

Annual cash flow

$-5K

Cash-on-cash

-2.50%

DSCR

0.86

Going-in cap

4.79%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

120,613

Households

51,482

Median income

$111,500

Median age

31.9

Daytime population

111,973

5-yr growth

2.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Lot 1 Aythree Way, Sooke.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.