Home Mayne Island, BC Mayne Island 242 Spinnaker Drive

242 Spinnaker Dr, Mayne Island BC - Single Family Residence for Sale - MLS# R3006766

Verified Account Required $●●●,●●●

Listing updated: Jun 6, 2026 at 01:25am

EstateBlock checked: Sep 28, 2026 at 08:30pm

3 Beds

2 Baths

1954 sqft

422 $ /sqft

1999 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Jun 6, 2026 at 01:25am

EstateBlock checked: Sep 28, 2026 at 08:30pm

Photo

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Private Schools

Elementary
Salt Spring Centre School: 12.62 km
Secondary
Brentwood College: 26.78 km

Closest Transit

Bus Stop
Beaver Point Parking Lot: 8.15 km
Skytrain
Skytrain @ Brighouse Stn: 39.02 km

Crime Rate

Total Crime Rate: Low
Violent Crime Rate: Low
Property Crime Rate: Low

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

Sell Speed & Competition

50 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $824,900

—

Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 39.02 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How MAYNE ISLAND compares

This property

473 DOM

Listed

Mayne Island avg

—

Mayne Island avg

—

242 Spinnaker Drive has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Mayne Island. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Restaurants (2 nearby)

Smoke & thyme · 725 m · Fast Food
Oceanwood resort · 881 m · Restaurant

Cafes (1 nearby)

Village fare · 633 m · Cafe

Walkability & Transit Near 242 Spinnaker Drive

Car-Dependent 8

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 21

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 242 Spinnaker Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $263

Maintenance fee 0

Financing 80% of the $824,900 asking price over 30 years at 4% results in approximately $3,414/month in total estimated carrying costs, $263 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: Jun 6, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $2,962/month in rental income, leaving a -$589/month cashflow at current carrying costs. Investors targeting break-even would need roughly 35% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 242 Spinnaker Drive, Mayne Island

Buy Vs Rent Calculator

— / month

Rent —

Own —

Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —

Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.