26.7% price reduction

498 Marine Turnabout, Mayne Island, BC

$1,100,000
Est. Mortgage /mo

MLS# R2804535

1 Beds
1 Baths
1247 sqft
882 $ /sqft
1963 built
$1,100,000
$1,500,000
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

26.7% price reduction

Sandy beach, extraordinary views, and park-like trails, is what this 2.18 acre waterfront property is all about! Imagine yourself meandering through your own forest of fir, cedar and arbutus trees, large gnarly rocks as you walk a few minutes down to a beautiful, quiet, sandy beach that is perfect for swimming on hot summer days or beach combing all year long! Head back up the trail and end up on the very private deck of the very rustic cabin with south east views that will take your breath away! Maybe a newly built home is in your plans? This is the perfect spot to get inspired with building ideas. Come Feel the Magic!

General Info

Price $1,100,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1247
Lot Size 2.18
Lot Size Depth Feet
Lot Size Frontage 454.77
Basement 0
Basement Features None

Property Metrics

Year Built 1963
Age Of Building 62
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Refrigerator, Stove
Structures Residential Detached

Additional Details

MLS® # R2804535
Building Name -
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Postal Code V0N 2J2
Price per Sqft -
Gross Taxes $4,316.37
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Wood

Utilities

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

Parking

Parking Type Carport Single, Open
Total Parking Spaces 1
Strata Restrictions -
Rental Restrictions -
Zoning SR
Rental Suites -
# of Kitchens 1
Foundation Slab
Locker -
View 1
View Description Ocean
Units In Development -
Sewer Septic Tank
Roof Asphalt

Property Timeline

Status Date Price
R2804535 / Active 08-06-2023 $1,100,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'2 x 12'2 ft
Main Level Dining Room 12'3 x 12'3 ft
Main Level Kitchen 12'0 x 12'0 ft
Main Level Primary Bedroom 11'11 x 11'11 ft
Below Family Room 11'5 x 11'5 ft
Below Laundry 7'2 x 7'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Listed by: RE/MAX Mayne-Pender

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
15.06 km
Secondary
Brentwood College
27.51 km

Closest Transit

Bus Stop
Beaver Point Parking Lot
8.64 km
Skytrain
Skytrain @ Brighouse Stn
39.48 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 $360
Maintenance fee 0
Financing 80% of the $1,100,000 asking price over 30 years at 4% results in approximately $4,561/month in total estimated carrying costs, $360 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%
This listing generates an estimated $3,465/month in rental income, leaving a -$1,236/month cashflow at current carrying costs. Investors targeting break-even would need roughly 44% down.
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 $1,100,000
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 (26.7% 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 498 Marine Turnabout, Mayne Island, BC?
The closest top-rated schools are Brentwood College and Salt Spring Centre School.
Is 498 Marine Turnabout, Mayne Island, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 498 Marine Turnabout, Mayne Island, BC?
With a standard down payment, the estimated monthly mortgage is approximately $6,600.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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