284 replies to this topic

[Mike K.]

It's also a very tricky location. You're so far removed from everything, but MLS says you're in Sooke, whereas you're tucked away 27 minutes from Sooke's town centre, Google says. Royal Bay is 19 minutes away.

 

I've talked to a few people who have bought there over the years and they perceive the value proposition positively, but, you're buying into an oceanfront community that is too high density for a lot of buyers, and for the price, you can buy a more private home in the same area and still have the same semi-rural location with land you own. I guess what I'm saying is that it's a tricky re-sale play.

[Blair M.]

Unless you absolutely live your life to fish Beechy Head, Beacher Bay, and up off the Trap Shack - you're pretty bold to invest in any of these properties. 

And by live to fish, I mean live to fish - as in fishing every single day - rain or shine - focused on salmon or cod fishing as your one and only absolutely obsessive hobby.

 

Too, there is no "zoning" giving any solid assurance that some sort of massive, reeking commercial fish processing plant (or similar - perhaps a asphalt plant, or an abattoir) won't be built only a few dozen feet away from your home. Already in place is the Western Canada Marine Response Company facility just a stones throw from all the houses, you'd have to accept that pretty much anything could be built next door to your house.

WCMRC also docks a couple of their huge spill response ships at Cheanuh Marina, which all do an excellent job of blocking views from your future house across to Rocky Point, out to the Straight, and then to the Olympics beyond.

 

Considering that you don't own the property, and your house wasn't designed or built to ever be moved - it seems to add up to a relatively terrible investment for all but the most die-hard of fishermen who don't particularly care about leaving a solid financial footing for those (usually your children) who would otherwise inherit a valuable piece of CRD fee-simple property with a house sitting on it.

Edited by Blair M., 02 February 2026 - 06:53 PM.

[LJ]

Price is their only advantage, and it is not a big enough advantage to sway many people.

[Victoria Watcher]

The taxes are not low. They go to the band? Is there any assurance they can’t rise sharply?

[Victoria Watcher]

 

Back on market.

 

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