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42b 1000 Sookepoint Pl photo 1 of 38
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42b 1000 Sookepoint Pl

$875,000

Silver Spray

Condo2 bd · 2 ba · 1,051 sqftBuilt 2017$833/sqft15 days on market

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About this home

Discover a rare opportunity to own a fully furnished, oceanfront home with exceptional short-term rental income potential. Located in the sought-after Sookepoint development on Vancouver Island, this two-bedroom, two-bath residence offers refined coastal living with panoramic views across the Salish Sea to the Olympic Mountains. Ideal as a vacation rental or a full-time home, the open-concept layout features floor-to-ceiling glass doors opening to a signature prow-shaped deck—perfect for enjoying the ocean air. The kitchen is beautifully appointed with granite countertops, stainless steel appliances, and custom cabinetry. A luxurious primary suite boasts a spa-like ensuite with heated floors, a soaker tub, and walk-in shower. The second bedroom and bath provide comfort and flexibility for guests. Enjoy lock-and-leave convenience, professional strata management, and strong revenue potential from short-term rentals in a world-class oceanfront setting. A turn-key investment in lifestyle and value. (id:65179)

Property details

From the listing's public record.

Lot size

1,051 square feet

Year built

2017

Taxes

$8,315/yr

Strata / HOA

$661/month

Zoning

Residential/Commercial

View

Ocean view

Waterfront

Waterfront on ocean

Heating

Baseboard heatersElectric

Lot

Southern exposureWooded areaRockySloping

Style

CottageWestcoastCabin

Community

Family OrientedPets Allowed

Price history

5 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 11, 2026

    Listed $875,000

    Active15 days on marketMLS 1042897
  2. Jan 10, 2026

    Listed $895,000

    Expired181 days on marketMLS 1022887
  3. Jun 2, 2025

    Listed $975,000

    Cancelled221 days on marketMLS 1001732
  4. Sep 2, 2024

    Listed $975,000

    Cancelled274 days on marketMLS 973938
  5. Mar 1, 2024

    Listed $975,000

    Expired181 days on marketMLS 953152

How this listing compares

Based on 12 sales in Sooke

Median sold

$552,500

Avg days on market

65 days

Avg sale-to-list

97.6%

Avg $/sqft

$617

Price per square foot

This home: $833/sqftArea average: $617/sqft

Above area average

Current market in Sooke

Active (same type)

84

Pending

1

All active listings

316

Months of supply

84

Buyer's market84 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$960,900

Homes in Sooke sell at 102.5% of assessed value on average.

Based on 12 recent sales.

Local price trend

How Silver Spray has moved over the last decade.

156247339Aug 2016Nov 2020Apr 2024

Local price index (normalized) · 11 months

Recent nearby sales

7 sales
  • 102-2057 Kaltasin Rd

    $365,000

    1 bd · 1 ba · 737 sqft · $495/sqft · 51 days on market

    Sold Jul 20, 2026 · 98.9% of list

  • 402-1820 Maple Ave

    $949,900

    2 bd · 2 ba · 1,116 sqft · $851/sqft · 55 days on market

    Sold Jun 5, 2026 · 100% of list

  • 203-6609 Goodmere Rd

    $607,500

    1 bd · 1 ba · 763 sqft · $796/sqft · 142 days on market

    Sold Jun 3, 2026 · 98.1% of list

  • 102-6671 Horne Rd

    $699,000

    2 bd · 2 ba · 872 sqft · $802/sqft · 50 days on market

    Sold May 19, 2026 · 98.5% of list

  • 8b-1000 Sookepoint Pl

    $950,000

    2 bd · 2 ba · 1,053 sqft · $902/sqft · 50 days on market

    Sold May 5, 2026 · 96.5% of list

  • 106-1987 Kaltasin Rd

    $400,000

    2 bd · 1 ba · 1,149 sqft · $348/sqft · 31 days on market

    Sold Apr 22, 2026 · 94.1% of list

  • 10-1956 Glenidle Rd

    $360,000

    1 bd · 1 ba · 716 sqft · $503/sqft · 12 days on market

    Sold Feb 12, 2026 · 95% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$875,000 − $175,000

$700,000

Down payment

20.0%

$175,000

Property Transfer Tax

$15,500

Legal / closing (est.)

$1,500

Cash to close

$192,000

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

Interested in this home?

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