Double Your Benefits with Hybrid Property

Welcome to Oceanfront Investment Insider! Get ready to enter a world where history, nature, and luxury collide. This edition brings you:

  • šŸ”Ā Holding Un-Correlated Assets:Ā Discover the benefits of investing in hybrid dual-zoning properties like SookePoint
  • 🌲 Victoria’s Treasures:Ā Travel to British Columbia’s gateway to history, nature, and culinary delights
  • šŸ‹Ā Wildlife Wonders: Check out the rich biodiversity of SookePoint, from orcas to bald eagles

Read time: less than 5 minutes šŸ‘‡

The Benefits of Investing in Hybrid Dual-Zoning Properties: A Focus on SookePoint

Introduction: The Value of Un-Correlated Assets in Real Estate

Un-correlated assets—investments that don’t follow the same market trends—are key to reducing portfolio risk and enhancing stability. In the world of real estate, properties that allow for dual uses—such as residential and short-term rental—are an excellent example. By offering potential income and appreciation from both sectors, these properties provide flexibility, diversification, and resilience against market volatility.

Why Hybrid Dual-Zoning Properties Are a Smart Investment

Hybrid dual-zoning properties, like most of those at SookePoint (excluding the hotel), combine residential living with the ability to operate as a short-term resort rental. This unique zoning creates a powerful investment opportunity that allows owners to tap into multiple revenue streams, protect their portfolio from market swings, and appeal to a broad range of buyers.

Key Benefits of Hybrid Dual-Zoning Properties

  1. Maximized Income Potential
    • Dual Revenue Streams:Ā Property owners can enjoy income from both long-term rental and short-term guests, the latter typically paying the highest daily rates.
    • Dynamic Pricing:Ā Short-term rental prices can be quickly adjusted, to earn higher income anytime demand increases, further boosting income potential, without any limitation from rent controls.
  2. Broad Appeal for Resale
    • Attractive to Multiple Buyers:Ā These properties can appeal to a wide range of buyers, including traditional homeowners, rental property investors, hospitality operators, hotel groups, and institutional funds looking for mixed-use assets.
    • Stronger Market Demand:Ā With diverse buyer interests, hybrid properties tend to enjoy more stable demand, regardless of broader market trends.
  3. Reduced Market Dependence
    • Cushion Against Economic Shifts:Ā In downturns, the short-term rental market can offset residential market declines. Conversely, if tourism softens, the property’s residential appeal remains intact, ensuring consistent income.
    • Flexibility for the Owner:Ā The ability to switch between long-term rentals and short-term vacation stays offers a crucial hedge against fluctuating market conditions. There is also the additional benefit of personal and family use.
  4. Tax and Financing Benefits
    • Tax Deductions:Ā Expenses related to the rental portion of the property—maintenance, marketing, and depreciation—may be tax deductible.
    • Flexible Financing:Ā Hybrid properties may qualify for both residential and commercial loans.
  5. Future-Proof Investment
    • Tourism:Ā With the increased popularity of remote work and flexible travel, SookePoint, with its stunning natural setting is perfectly positioned to capitalize on this trend. Additional attractions include fresh sea air, the huge adjoining wilderness park, the warmest winters in Canada, trophy salmon fishing, and exceptional front row whale watching.
    • Solid Construction:Ā SookePoint Ocean Cottages and Yacht Suites are anchored into solid rock, with special government approval to stand just 5m horizontally from the ocean, while vertically well above. SookePoint has now won 9 regional, provincial, national and international first place awards for building excellence.
    • Versatility:Ā The growing desire for properties that can serve as both homes and income generators makes hybrid dual-zoning investments increasingly attractive.
    • Wellness:Ā The ā€˜Blue Mind Theory’ explores mental and physical benefits of proximity to water, including reduced anxiety, enhanced creativity, and improved emotional well-being. If being beside the ocean can trigger a meditative state by engaging our senses, lowering stress hormones and increasing ā€œfeel goodā€ hormones, how do we value an investment in our health? In that regard also consider how the extra sunlight reflecting off water can benefit those suffering from Seasonal Affected Disorder (SAD).

Risk Mitigation at SookePoint

SookePoint’s hybrid zoning provides valuable additional protection against regulatory change, absentee ownership, neighbourhood devaluations and market volatility:

  • Zoning Security:Ā SookePoint is specifically zoned as a Destination Resort. This ensures long-term stability for short-term rental operations.
  • Built-In Management:Ā The property benefits from an independent resort management team, providing on-site security, and managing the complexity of short-term rentals.
  • Location, Location:Ā Even before many planned amenities, most reviews are 5-star, thanks to SookePoint’s breathtaking natural beauty 84% surrounded by the sea.
  • Growing Market:Ā The B.C. population is projected to increase from 5.5 million in 2023 to 7.9 million by 2046, a 44% increase over 23 years. Nearby Langford is the fastest growing municipality in B.C. Both Langford and Sooke populations are predicted to double over the next 25 years – twice as fast as the B.C average.

 

Conclusion: Why SookePoint is a Rare Investment Opportunity

Hybrid dual-zoned properties are exceptionally rare. They offer a strategic advantage for investors looking to diversify their portfolios and maximize returns. The combination of residential use and resort rental income, along with its unique location, built-in management and future potential makes SookePoint a compelling option for forward-thinking investors.

Victoria: A Gateway to History, Nature, and Culinary Marvels

Victoria, British Columbia, offers a unique blend of history, culture, and adventure, making it an irresistible destination for travelers. Perched on the southern tip of Vancouver Island, this charming city captivates visitors with its Victorian-era architecture, rich indigenous heritage, and access to pristine natural landscapes. Iconic landmarks like the British Columbia Parliament Buildings and the Fairmont Empress Hotel anchor the city’s historic charm, offering glimpses into its storied past.

The distance between SookePoint and the Victoria Parliament Buildings is approximately 28.07 kilometers (17.44 miles) as the crow flies.

The Royal BC Museum provides an enriching dive into local history with exhibits ranging from life-sized woolly mammoths to indigenous artifacts. For food lovers, the city delivers everything from jerk fish poutine at Red Fish Blue Fish to decadent brunches at John’s Place and gourmet Italian dinners at Il Terrazo.

Outdoor enthusiasts are spoiled for choice with attractions like the beautifully abundant salmon runs in nearby Goldstream Provincial Park, biking the woodland Galloping Goose Trail that was once a railway route from Victoria to Sooke, adrenaline storm and whale-watching from SookePoint, and the spectacularly unique seashore views along the adjoining 10km Coast Trail in East Sooke Wilderness Park.

Whether you’re marveling at the world’s tallest totem pole in Beacon Hill Park or sipping Okanagan Valley wine at the Oak Bay Beach Hotel, Victoria seamlessly blends relaxation with adventure.

 

www.nationalgeographic.com
Canada’s South Pacific – Marine Wildlife Wonderland

SookePoint, Race Rocks, and East Sooke Wilderness Park are brimming with a diverse array of wildlife, making the region a haven for nature enthusiasts and eco-tourists alike.

Marine Life

The waters between SookePoint and Race Rocks are teeming with marine biodiversity. Common sightings include:

  • Orcas (killer whales):Ā Resident and transient pods are frequent visitors, often seen hunting or breaching majestically.
  • Humpback whales:Ā Known for their playful antics and tail slaps add further excitement to whale-watching.
  • Seals and sea lions:Ā Harbour seals, elephant seals, and Stellar sea lions are abundant, lounging on rocky outcrops or gliding gracefully through the waves.
  • Porpoises and otters:Ā Dall’s porpoises and playful sea otters enrich the marine experience.
  • Intertidal life:Ā Tide pools brimming with colorful starfish, anemones, and crabs make for delightful exploration.

Birdlife

The seas, skies and cliffs are alive with the calls and swoops of coastal birds:

  • Bald eagles:Ā Frequently spotted perched on treetops or diving for fish.
  • Cormorants and herons:Ā Graceful and ever-present along the shoreline.
  • Seabirds like puffins and auklets:Ā Adding charm to the rugged coastal scenery.
  • Loons:Ā Known for their haunting calls, they are expert divers often seen on the water’s surface.
  • Grebes:Ā Elegant swimmers that perform intricate courtship dances.
  • Cormorants:Ā Recognizable by their long necks and habit of spreading wings to dry after diving.
  • Scoters:Ā Sea ducks that gather in large flocks, especially during migration seasons.
  • Alcids:Ā Includes puffin-like birds such as murres and guillemots, adept at diving for fish.
  • Gulls:Ā Several species, from the common Glaucous-winged Gull to smaller Bonaparte’s Gulls, are abundant throughout the region.
  • Red-Tailed Hawks:Ā Large birds of prey, recognized by their broad wings and the characteristic reddish hue of their tail feathers – often seen soaring high in the sky, using thermal currents to survey their territory for prey.
  • Turkey Vultures:Ā Large scavengers with dark brown-black plumage, a small, featherless red head, and broad wings featuring light undersides. When in flight, they are easily recognized by their V-shaped wing position and teetering glides. These birds are known for their incredible sense of smell, used to locate carrion, and are often seen circling in groups as they scout for food.

Many of these birds can be seen year-round, with some visiting seasonally for breeding, nesting, or wintering.

These birds, alongside the stunning marine environment, create a perfect backdrop for eco-tourism and wildlife enthusiasts.

Land Animals

East Sooke Wilderness Park which directly adjoins SookePoint is home to:

  • Black-tailed deer:Ā Often glimpsed grazing peacefully in the lush forests.
  • Raccoons, river otters, squirrels, and mink:Ā Frequently seen along trails or shorelines.
  • Cougars and black bears:Ā Though few and elusive, they underscore the wild, untamed beauty of the region.

Scenic Highlight Locations

  • Race Rocks Ecological Reserve:Ā Beyond its currents and shipwreck history, it is a sanctuary for marine life and migratory birds, offering visitors and scuba divers an exceptional sense of awe and adventure.
  • SookePoint:Ā An ancient volcanic peninsula that is 84% surrounded by the Salish Sea. A special tourism exemption permits construction of ocean cottages and yacht suites as close as 5m or 15’ from the ocean. SookePoint’s unique location as a nature-focused destination resort appeals strongly to eco-conscious travelers and adventure seekers looking for an immersive coastal experience. Unique fully equipped private family space for memorable land-based whale, marine life and storm watching.
  • East Sooke Wilderness Park:Ā Follow the trail from SookePoint into a 50 km (30 mile) network of verdant pathways featuring rugged coastlines and dense temperate rainforest, perfect for healthy fresh-air hiking and wildlife watching.

Why It Matters:Ā This unique ecosystem offers a rare chance to witness nature’s wonders up close, creating unforgettable memories and fostering a deeper appreciation for wildlife conservation.

www.nationalgeographic.com