First Time Buyer? Investor? Looking to stop renting?
There are currently 21 properties as of today (October 20th, 2008) for sale in Sooke under $300,000. And we’re not talking tiny, cramped condos or bachelor pads. The type of properties available for this price range varies from spacious condos and townhouses in waterfront complexes in the Sasseenos area, a small acreage in the Otter Point area, half duplexes in the town core, and even some under-construction brand-new townhouses. The best buy might be the 0.39 acre parcel on Church Road which will be ripe for redevelopment in the future. There are also lots of mobile/manufactured homes in Sooke for between $75,000 – $200,000.
The link above is updated live, so feel free to bookmark it! If you have any questions about how you can get into your own home for under $300,000, give me a call at 250-885-0512 or send me an e-mail to Tim@TimAyres.ca
For your information, a $300,000 property would cost you approximately $1400 per month if you put 5% down and took out a 30-year mortgage, according to RBC’s mortgage calculator, based on a rate of 5.0%. I know several excellent mortgage brokers who can get you pre-qualified with the best rates, saving you thousands of dollars in interest.
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