531 Arbutus Dr, Mayne Island BC - Single Family Residence for Sale - MLS# R3146921

76 days on the market
$635,000
Est. Mortgage $2,809/mo
Listing updated:
EstateBlock checked:
2 Beds
1 Baths
940 sqft
676 $ /sqft
1963 built
76 days on the market
$635,000
Est. $2,809/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 531 Arbutus Drive

Ideal location that's 'steps away' from Bennett Bay with an easy beach access for beachcombers and kayakers alike. The 940 s/f, 2 bedroom, one bathroom bungalow has been well cared for, with new kitchen, pantry and a vintage replica electric stove. Open living space with free standing wood stove, covered patio with laundry and 182 s/f deck off the main for your morning sunrise and coffee. The 515 s/f detached building is divided into a workshop and office or studio space. A completely fenced .39 acre yard perfect for family play and pets. Vegetable garden plots, own well for irrigation and wood shed complete this sweet island home.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Pantry
Fireplace 1
Heating Type Electric, Wood
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
View Description Ocean view from drive in
Roof Asphalt
Structures Residential Detached

Building Details

Price $635,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 940
Year Built 1963
Age Of Building 63
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Community
Parking Type Garage Single, Open
Total Parking Spaces 4

Lot & Land

Lot Size 16988.4
Lot Size Depth Feet
Lot Size Frontage 73
MLS® # R3146921
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Postal Code V0N 2J1
Gross Taxes $1,606.64
Zoning SR

Property Timeline

Status Date Price
R3146921 / Active 07-15-2026 $635,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 15'4 x 15'4 ft
Main Level Kitchen 15'4 x 15'4 ft
Main Level Bedroom 13'4 x 13'4 ft
Main Level Bedroom 13'9 x 13'9 ft
Main Level Porch (enclosed) 16'3 x 16'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Gulfport Realty

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 25.52 km 9.9/10
Elementary, Secondary
Southpointe Academy
Above Average 25.52 km 9.9/10

Closest Transit

Bus Stop
Beaver Point Parking Lot
11.8 km
Skytrain
Skytrain @ Brighouse Stn
37.21 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
—
Price competition grade
No comparable data
—
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 37.21 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
76 DOM
Listed
Mayne Island avg
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Mayne Island avg
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531 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.

Nearby Restaurants, Cafes & Shops

Restaurants (2 nearby)

  • The bennett bay bistro · 401 m · Restaurant
  • The brickworks restaurant and lounge · 418 m · Restaurant

Walkability & Transit Near 531 Arbutus Drive

Walk Score Badge
Car-Dependent 8

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
33

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 531 Arbutus Drive

/month
Principal & Interest
Property Taxes $134
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($127,000), the estimated monthly payment for this listing is $2,559/month — $2,425 principal & interest, $134 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $2,343/month, this property runs a $321/month shortfall after mortgage and carrying costs. Break-even requires approximately 31% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 531 Arbutus Drive, Mayne Island

Buy Vs Rent Calculator

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

Rent vs own

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Principal paid off by year 5 —
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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.

Price vs Neighbourhood Average — Mayne Island, Mayne Island

Beds Home Types Square Feet Lot Size Year Built
This Home $635,000
Mayne Island Loading...
Mayne Island Loading...

No active comparable properties are currently available for this property type in Mayne Island. The price evaluation chart will update as similar listings enter the market.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 531 Arbutus Drive

Walk Score Badge
Car-Dependent 8

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
33

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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