524 Bay Turnabout, Mayne Island, BC, MLS® R2980059

$1,350,000
Est. Mortgage /mo

6.9% price reduction

$1,350,000
$1,450,000
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
3 Beds
2 Baths
1 Stories
lot 52707 sqft
1855 sqft
1967 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

524 Bay Turnabout, Mayne Island, BC | MLS® R2980059 Property Details

6.9% price reduction

Discover this timeless 1,855 sq ft south facing waterfront retreat, ideally located on a stunning 1.21-acre property. This home features 3 bdrms, including a south-facing primary bdrm with incredible ocean views and an ensuite. Enjoy the open concept living area that flows seamlessly to expansive decks, perfect for entertaining or soaking up the sun. Additional highlights include a den & a workshop, offering versatile spaces to fit your lifestyle. Stairs lead directly down to a picturesque sandy swimming beach, providing endless opportunities for relaxation & recreation. Don’t miss your chance to own this gem! Come Feel the Magic!

General Info

Price $1,350,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1855
Lot Size 1.21
Lot Size Depth Feet
Lot Size Frontage 164.21
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 1967
Age Of Building 58
Building Type Single Family Residence
Property Type Residential
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2980059
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Gross Taxes $4,933.07
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric, Wood

Utilities

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

Parking

Parking Type Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning SR
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View 1
View Description Ocean
Units In Development -
Exterior Features Balcony
Sewer Septic Tank
Roof Metal

Property History

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Status Date Price
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Listed by: RE/MAX Mayne-Pender & 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
15.31 km
Secondary
Brentwood College
27.68 km

Closest Transit

Bus Stop
Beaver Point Parking Lot
8.82 km
Skytrain
Skytrain @ Brighouse Stn
39.42 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 524 Bay Turnabout, Mayne Island, BC - A Hidden Gem in the Pacific Northwest

As a seasoned realtor with in-depth knowledge of the area, I'm excited to take you on a tour of this enchanting community. Located on beautiful Mayne Island, British Columbia, 524 Bay Turnabout offers a serene and picturesque lifestyle that's hard to resist.

Education

Let's start with the schools. The closest elementary independent school to 524 Bay Turnabout is the highly-regarded Salt Spring Centre School, with a rating of No Rating, located 15.31 km from this home. For secondary education, Brentwood College is the nearest option, also with a rating of No Rating, situated 27.68 km away. Families love this area because of the excellent educational opportunities available.

Safety

According to the latest crime statistics from Statistics Canada (2020), the neighbourhood around 524 Bay Turnabout, Mayne Island, BC has a Low overall crime rate of 4,191.37 incidents per 100,000 population. This is significantly lower than the national average. In fact, the illegal substances offences rating is a mere 20.45, with only 1 incident reported in 2020. The property crimes rate is also Low, with 78 incidents in 2020, representing a -26.43% year-over-year change. Violent crime rate is a mere 817.83 incidents per 100,000 population, also classified as Low.

Demographics

This charming community boasts a unique demographic profile. The median household income is $54,037, which is Below Average in comparison to the British Columbia average. However, the median personal income is $28,656, also Below Average. Notably, 35.2% of households in this area have a mortgage, which is considered Low. The unemployment rate is a mere 2.9%, classified as Low, making it an attractive destination for job seekers.

Transportation and Lifestyle

Commuters will appreciate the proximity to the Beaver Point Parking Lot, just 8.82 km away from 524 Bay Turnabout. For those who prefer public transportation, 6.8% of the population uses it, although this is Below Average. Cars are the primary mode of transportation, with 79.3% of the population using them, also Below Average. However, 2% of residents use bicycles, Above Average, and 7.8% walk, also Above Average.

Real Estate Context

The average value of dwellings in this neighbourhood is $517,411, which is Above Average compared to other areas in British Columbia. Notably, the average owner payments are Low, with owners spending $815 on average for their dwelling. Tenants pay $763 on average, also Low. With 14.3% of the population renting, this is Below Average compared to other BC cities and areas.

Insider Insights

As a local realtor with extensive knowledge of the area, I can assure you that 524 Bay Turnabout, Mayne Island, BC is a hidden gem in the Pacific Northwest. With its serene atmosphere, excellent education system, Low crime rate, and unique demographic profile, this community offers an unparalleled lifestyle experience. Whether you're a family, an individual, or a couple, 524 Bay Turnabout is an ideal destination for those seeking a peaceful and picturesque lifestyle.

Experience the Best of Mayne Island

Don't miss out on this incredible opportunity to own a piece of paradise. Contact me today to schedule a viewing of 524 Bay Turnabout, Mayne Island, BC, MLS® R2980059. Let's explore this charming community together and find your dream home.

(MLS® R2980059)

(524 Bay Turnabout, Mayne Island, BC)

(Real Estate Listing # R2980059)

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 $1,350,000
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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