498 Marine Turnabout, Mayne Island, BC, MLS® R2804535

$1,100,000
Est. Mortgage /mo

26.7% price reduction

$1,100,000
$1,500,000
Est. Mortgage /mo
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
1 Beds
1 Baths
2 Stories
lot 94961 sqft
1247 sqft
1963 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

498 Marine Turnabout, Mayne Island, BC | MLS® R2804535 Property Details

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 None
Basement Features BasementFeatures

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
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2804535
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
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

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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 History

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Status Date Price
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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 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

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

Welcome to 498 Marine Turnabout, Mayne Island, BC!

As we tour you through this charming community, I'm excited to share with you the unique aspects of this neighborhood. Located on beautiful Mayne Island, this property is a gem for those seeking a tranquil and picturesque lifestyle.

Education

Let's start with the schools. The closest elementary independent school to 498 Marine Turnabout is Salt Spring Centre School, with a No Rating, located approximately 15.06 km from this home. This school is a great option for families who value a unique educational experience. For secondary education, Brentwood College is the closest option, with a No Rating, situated 27.51 km from this address.

Crime Rate

According to Statistics Canada's 2020 report, the crime rate near 498 Marine Turnabout, Mayne Island, BC is 4,191.37, which is considered Low compared to other Canadian cities. This indicates a safe and secure environment for residents. The year-over-year change in the total crime rate is a mere 0.51%, showcasing a stable community.

Demographics

The neighborhood surrounding 498 Marine Turnabout boasts a high level of education, with 34.1% of residents holding a university certificate or degree, which is considered High compared to other BC neighborhoods. Conversely, 9.1% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

Transit

Convenience is key in this community. The closest Bus station is Beaver Point Parking Lot, located 8.64 km away from this listing. With a bus station nearby, residents can easily access public transportation.

Lifestyle Amenities

Mayne Island offers a plethora of lifestyle amenities, including parks, beaches, trails, dog parks, and shopping malls. Residents can also enjoy a variety of restaurants, coffee shops, and grocery stores nearby.

Real Estate Context

The average value of dwellings in this neighborhood is $517,411, which is Above Average compared to other areas in British Columbia. The average owner payments are Low, with residents spending an average of $815 on their dwellings. Tenants in the area are paying $763, which is also Low compared to other cities.

Community Insights

As we explore this community, you'll notice a mix of families and retirees. The average family size in the area is 2.3, which is Low compared to the whole region. However, 67.2% of residents are married or living common law, which is High. The average age of the population is 56.7, which is High compared to other BC cities.

Investment Opportunity

If you're considering investing in a property, this neighborhood may be an excellent choice. With an average value of dwellings at $517,411 and a stable crime rate, this area offers a solid investment opportunity.

Getting Around

The neighborhood surrounding 498 Marine Turnabout is relatively flat, making it easy to get around on foot or by bike. In fact, 2% of residents use bicycles, which is Above Average. While 79.3% of residents use cars, this is also Below Average. 7.8% of residents walk, which is Above Average.

Conclusion

As we conclude our tour of 498 Marine Turnabout, Mayne Island, BC (MLS® R2804535), I hope you've gained a deeper understanding of this charming community. With its unique schools, low crime rate, and high level of education, this neighborhood is an excellent choice for those seeking a tranquil and picturesque lifestyle.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,100,000
Mayne Island No comparables
Mayne Island No comparables
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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