Discover your perfect getaway with this 1 level waterfront cabin on Mayne Island, offering breathtaking views of beautiful Bennett Bay. This cozy 844 s/f home features 2 bedrooms and 1 bathroom, perfect for relaxing after a day of exploration on the beautiful nearby beaches within walking distance. Take in the serene vistas and the soothing sounds of nature with a deck close to the cliff side. The deck attached to the home will need to replaced to enhance your outdoor living space and fully enjoy the stunning waterfront setting. Whether you seek a year-round residence or a seasonal cottage, this hidden gem offers a peaceful oasis. If you are looking for an investment, this property is currently tenanted with an established tenant who would love to stay! Embrace island living and make this

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Refrigerator, Stove
Fireplace	1
Heating Type	Baseboard, Electric
# of Kitchens	1
Flooring	Vinyl, Carpet
Foundation	Concrete Perimeter

Exterior Features

View Description	Bennett Bay, Ocean
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$825,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	844
Year Built	1977
Age Of Building	49
Building Type	Single Family Residence
Property Type	Residential
Stories	1
Ownership Type	Freehold NonStrata
Utility Type	Community, Electricity Connected, Water Connected
Utility Sewer	Septic Tank
Water (WaterSource)	Well Drilled
Parking Type	Open, Front Access
Total Parking Spaces	2

Lot & Land

Lot Size	12196.8
Lot Size Depth	Feet
Lot Size Frontage	70
MLS^® #	R3112343
Area	Islands-Van. & Gulf
Neighbourhood	Mayne Island
City	Mayne Island
Postal Code	V0N 2J1
Gross Taxes	$3,228.74
Zoning	SR

Property Timeline

Status	Date	Price
R3112343 / Active	04-16-2026	$825,000

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	9'3 x 9'3 ft
Main Level	Dining Room	11'8 x 11'8 ft
Main Level	Living Room	17'10 x 17'10 ft
Main Level	Primary Bedroom	11'7 x 11'7 ft
Main Level	Bedroom	11'7 x 11'7 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

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, Secondary
Southpointe Academy: Above Average 25.29 km 9.9/10
Elementary, Secondary
Southpointe Academy: Above Average 25.29 km 9.9/10

Closest Transit

Bus Stop
Beaver Point Parking Lot: 11.97 km
Skytrain
Skytrain @ Brighouse Stn: 36.93 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

No data

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

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Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 36.93 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

171 DOM

Listed

Mayne Island avg

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Mayne Island avg

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506 Arbutus Drive has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Mortgage Calculator for 506 Arbutus Drive

Home Price

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Interest Rate

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Principal & Interest

Property Taxes $269

Maintenance fee 0

A 20% down payment of $165,000 on this $825,000 listing yields an estimated mortgage of $3,151/month (30-year fixed, 4%). Total estimated housing cost: $3,420/month, $269 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: Sep 29, 2026

Investment Cashflow Calculator

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $2,962/month in estimated rental income against $3,557/month in mortgage payments, the monthly cashflow is -$595/month. A 36% down payment would reach break-even.

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

Estateblock Rent Estimate for 506 Arbutus Drive, Mayne Island

Buy Vs Rent Calculator

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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.