498 Marine Turnabout, Mayne Island BC - Single Family Residence for Sale - MLS# R2804535

$1,100,000
Est. Mortgage $4,866/mo
1 Beds
1 Baths
1247 sqft
882 $ /sqft
1963 built
26.7% price reduction
$1,100,000
$1,500,000
Est. $4,866/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

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Property Details for 498 Marine Turnabout

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!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Refrigerator, Stove
Fireplace 1
Heating Type Baseboard, Wood
# of Kitchens 1
Foundation Slab

Exterior Features

View Description Ocean
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,100,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1247
Year Built 1963
Age Of Building 62
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Community
Parking Type Carport Single, Open
Total Parking Spaces 1

Lot & Land

Lot Size 2.18
Lot Size Depth Feet
Lot Size Frontage 454.77
MLS® # R2804535
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Postal Code V0N 2J2
Gross Taxes $4,316.37
Zoning SR

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.

Map & Neighbourhood

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 498 Marine Turnabout

Mortgage Calculator for 498 Marine Turnabout

/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:

Investment 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.

Price vs Neighbourhood Average — Mayne Island, Mayne Island

Beds Home Types Square Feet Lot Size Year Built
This Home $1,100,000
Mayne Island Loading...
Mayne Island Loading...

No active comparable properties are currently available for this property type in Mayne Island. The price evaluation chart will update as similar 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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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