$299,000
16.4% price reduction
548 Dalton Dr, Mayne Island, BC
$250,000
Est. Mortgage /mo
MLS# R2881483
0
sqft
Property Details & Specs
16.4% price reduction
This property offers the convenience of electricity and community water connections at the lot line. Although there is no septic installed, the zoning allows for a single family dwelling with the option of a secondary suite. You can also construct two accessory buildings on the property. The location is highly advantageous, being just a 1-minute drive or a 10-minute walk away from the Village Bay Ferry Terminal and a 4-minute drive from Mayne Island's brewery district. Whether you choose to build a new home and revel in the serenity, or utilize it as a cash flow bnb investment due to its proximity to other vacation rentals, this property offers great potential. Alternatively, you can hold the land as vacant, requiring minimal maintenance, and enjoy the potential of appreciation.
Property Timeline
Listed by: Multiple Realty Ltd.
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
- 12.9 km
- Secondary
- Brentwood College
- 27.04 km
Closest Transit
- Bus Stop
- Beaver Point Parking Lot
- 8.38 km
- Skytrain
- Skytrain @ Brighouse Stn
- 38.83 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
$70
Maintenance fee
0
With a 20% down payment, buyers can expect an estimated $1,025/month in total housing costs on this $250,000 property — $955 mortgage payment, $70 property tax.
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%
Estimated rental income of $1,496/month exceeds carrying costs by $409/month, making this an income-positive property at 20% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$250,000
Mayne Island
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Mayne Island
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Among 6 similar active listings in Mayne Island, the average price is $349,633. At $250,000, this listing is priced 28.5% below the local average and 28.5% below the city-wide benchmark. This property is flagged as a Hot Deal (16.4% 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
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 548 Dalton Drive, Mayne Island, BC?
The closest top-rated schools are Brentwood College and Salt Spring Centre School.
Is 548 Dalton Drive, Mayne Island, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 548 Dalton Drive, Mayne Island, BC?
With a standard down payment, the estimated monthly mortgage is approximately $1,500.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
