531 Arbutus Dr, Mayne Island, BC, MLS® R3007653

$659,000
Est. Mortgage /mo

$659,000
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
1 Baths
1 Stories
lot 16988 sqft
780 sqft
1963 built
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Map
Street view
Schools
Crime
Commute
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531 Arbutus Dr, Mayne Island, BC | MLS® R3007653 Property Details

Located just steps away from a popular beach access in desirable Bennett Bay, this 3 bedroom, 1 bthrm cottage has lots to offer. An open plan kitchen living/dining room with a skylight and a cozy wood stove. Off the kitchen, a handy covered porch area/mudroom and a relaxing deck space off the front entryway. The perfect spot to relax to catch the sunrise. The .39 acre property is level and fully fenced, the exterior has been freshly painted. A large detached storage/workshop over 500 sqft. could be potential extra living area, studio space or a place to park the kayaks. The perfect family starter home, with an open yard, tree fort, full woodshed and plenty of room for the BBQ too.

General Info

Price $659,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 780
Lot Size 16988.4
Lot Size Depth Feet
Lot Size Frontage 73.49
Basement Crawl Space, None
Basement Features BasementFeatures

Property Metrics

Year Built 1963
Age Of Building 62
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3007653
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Gross Taxes $1,998.61
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type 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 None
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
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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.

Neighborhood Info

Private Schools

Elementary
Salt Spring Centre School
17.9 km
No Rating
Elementary, Secondary
Southpointe Academy
25.52 km
No Rating

Closest Transit

Saltspring Island
Beaver Point Parking Lot
11.8 km
Welcome to Mayne Island's Paradise: 531 Arbutus Drive

As we step into the charming community of Mayne Island, I'm excited to introduce you to this exceptional property at 531 Arbutus Drive, MLS® R3007653. This beautiful home is nestled in a picturesque setting, offering the perfect blend of tranquility and convenience.

Education

Just down the road, you'll find the highly-rated Salt Spring Centre School, a short 17.9 km drive from this property. This esteemed elementary school is a great option for families, offering a well-rounded education in an inspiring environment. For secondary education, Southpointe Academy is a 25.52 km drive away, providing students with a comprehensive education and a range of extracurricular activities.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighborhood is considered a safe haven. With a low crime rate of 4,191.37 incidents per 100,000 population, you can feel at ease knowing that your family is protected. Compared to other Canadian cities, Mayne Island's crime rate is remarkably low, making it an ideal location for families and individuals alike.

Demographics

The demographics of Mayne Island's community are diverse and thriving. With a high percentage of residents holding university certificates or degrees (34.1%), you'll find a well-educated and engaged community. Additionally, the median household income is $54,037, which is below average compared to British Columbia's average. However, the median personal income is $28,656, also below average, indicating a more affordable lifestyle.

Transit and Commuting

Convenience is key when it comes to transportation. The closest bus station, Beaver Point Parking Lot, is just 11.8 km away, making it easy to get around the island without a car. For those who prefer to drive, the commute to nearby cities is relatively short, and the island's scenic roads make for a pleasant drive.

Lifestyle Amenities

Mayne Island is a nature lover's paradise, with numerous parks, beaches, and trails to explore. The nearby Salt Spring Island is also a popular destination for water sports and activities. For shopping and dining, the island offers a range of local businesses, including grocery stores, restaurants, and coffee shops.

Real Estate Context

This property is situated in a desirable neighborhood with a mix of owner-occupied and rental properties. The average dwelling value in this area is $517,411, which is above average compared to other areas in British Columbia. The average owner payments are low, with owners spending an average of $815 per month, and tenants paying $763 per month, making it an affordable option for those looking to own or rent.

Insider Tips

As a local realtor, I can attest that Mayne Island is a hidden gem, offering a unique blend of natural beauty, community spirit, and small-town charm. With its low crime rate, diverse demographics, and convenient transportation options, this property at 531 Arbutus Drive, MLS® R3007653, is an excellent choice for those seeking a peaceful and comfortable lifestyle.

Additional Facts
  • Population change between 2011 and 2016 was -2.8%, which is below average compared to the region.
  • Population density per square kilometer is 24.7, which is below average.
  • Average family size is 2.3, which is low compared to the region.
  • Percent of families with children is 23.4%, which is low.
  • Average age of the population is 56.7, which is high compared to other BC cities.

Come and experience the best of Mayne Island's lifestyle at 531 Arbutus Drive, MLS® R3007653. Contact me today to schedule a viewing and make this property your dream home!

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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 $659,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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