9.1% price reduction

232&234 Spinnaker Dr, Mayne Island, BC

$1,500,000
Est. Mortgage /mo

MLS# R2784339

1 Beds
2 Baths
1084 sqft
1384 $ /sqft
1988 built
$1,500,000
$1,650,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

9.1% price reduction

A winding driveway leads to the two pristine side by side waterfront lots totalling 1.15 acres, perfectly tucked away in the corner of a private cove with stunning South to South West ocean views and glorious sunsets. The developed .55 acre offers a 1084 s/f cottage with two bathrooms, one bedroom + den, two outside decks, new beach access stairs to the lower deck set above the cove and outdoor shower for those sandy feet! The adjacent .60 acre lot is well treed for privacy but could also be developed. Off shore there's a mooring buoy anchored for the boating enthusiasts, kayak launching, beach combing and sun seekers alike; set up is ideal for outdoor beach activities. A very special island get-away with much more potential! 'Includes Star-Link Wifi’

General Info

Price $1,500,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1084
Lot Size 1.15
Lot Size Depth Feet
Lot Size Frontage 185.76
Basement 0
Basement Features None

Property Metrics

Year Built 1988
Age Of Building 38
Building Type Single Family Residence
Property Type Residential
Stories 1
Appliances Included Washer, Dishwasher, Refrigerator, Stove
Structures Residential Detached

Additional Details

MLS® # R2784339
Building Name -
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Postal Code V0N 2J2
Price per Sqft -
Gross Taxes $4,836.22
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Electric, Wood

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Community

Parking

Parking Type Open
Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning SR
Rental Suites -
# of Kitchens 1
Foundation Block
Locker -
View 1
View Description South to South- West View
Units In Development -
Exterior Features Private Yard
Sewer Septic Tank
Roof Asphalt

Property Timeline

Status Date Price
R2784339 / Active 06-02-2023 $1,500,000
Rooms
Floor Type Dimensions
Main Level Living Room 19' x 19' ft
Main Level Dining Room 12' x 12' ft
Main Level Foyer 10'5 x 10'5 ft
Main Level Bedroom 14' x 14' ft
Main Level Den 10'10 x 10'10 ft
Main Level Kitchen 10'10 x 10'10 ft
Main Level Mud Room 6'6 x 6'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #3
Listed by: Gulfport Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Private Schools

Elementary
Salt Spring Centre School
12.52 km
Secondary
Brentwood College
26.71 km

Closest Transit

Bus Stop
Beaver Point Parking Lot
8.1 km
Skytrain
Skytrain @ Brighouse Stn
39.06 km

Demographics

Post-Secondary Education
Above Average
34.1%
No Certificate/Degree
Below Average
9.1%
Owner Occupied
Below Average
35.2%
Employment Rate
Below Average
23.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $403
Maintenance fee 0
A 20% down payment of $300,000 on this $1,500,000 listing yields an estimated mortgage of $5,729/month (30-year fixed, 4%). Total estimated housing cost: $6,132/month, $403 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $4,725/month in estimated rental income against $6,323/month in mortgage payments, the monthly cashflow is -$1,598/month. A 43% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,500,000
Mayne Island Loading...
Mayne Island Loading...
There are currently no active comparable Single Family Residences in Mayne Island to benchmark against. Check back as new listings enter the market. This property is flagged as a Hot Deal (9.1% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 232&234 Spinnaker Drive, Mayne Island, BC?
The closest top-rated schools are Brentwood College and Salt Spring Centre School.
Is 232&234 Spinnaker Drive, Mayne Island, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 232&234 Spinnaker Drive, Mayne Island, BC?
With a standard down payment, the estimated monthly mortgage is approximately $9,000.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $9,650
0 of 17 missions

Sign up on Estateblock.com

$483 / 5%

Buy with us & save on this property

Similar Single Family Residences for Sale in Mayne Island

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent