548 Arbutus Dr, Mayne Island, BC, MLS® R2991968

$949,000
Est. Mortgage /mo

$949,000
$989,000
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
2 Beds
2 Baths
1 Stories
lot 11325 sqft
1320 sqft
1961 built
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Map
Street view
Schools
Crime
Commute
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548 Arbutus Dr, Mayne Island, BC | MLS® R2991968 Property Details

This sweet Bennett Bay waterfront cottage is waiting for you! Beautiful setting and gorgeous views down the Belle Chain Islets across the strait to Mount Baker. The 1320 s/f cottage offers two bedrooms, one on the main and primary bedroom up with 2 pce ensuite and private balcony to sit with your morning java and take in the sunrise. Open plan with featured stone fireplace, 3 pce bathroom and boot-room/laundry complete the main. Expansive windows and sliders to take in the views. Level outdoor space on .26 acres with 123' of oceanside frontage. Fabulous location with multiple beach accesses and national park in the area. Some TLC needed and potential for your own beach stairs from the property. 'Home to the famous Arbutus tree that inspired the street name!’

General Info

Price $949,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1320
Lot Size 11325.6
Lot Size Depth Metres
Lot Size Frontage 123.59
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1961
Age Of Building 64
Building Type Single Family Residence
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2991968
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Gross Taxes $3,531.18
Ownership Type Freehold NonStrata
Maintenance Fee -

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 Mixed
Foundation Slab
Locker -
View 1
View Description ocean view east to southeast
Units In Development -
Exterior Features Private Yard
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
17.99 km
No Rating
Elementary, Secondary
Southpointe Academy
25.61 km
No Rating

Closest Transit

Saltspring Island
Beaver Point Parking Lot
11.77 km

Welcome to 548 Arbutus Drive, a beautiful home located in the charming community of Mayne Island, BC. As we take a stroll through this picturesque neighborhood, let's explore the wonderful amenities and features that make this area so special.

Education

We're surrounded by excellent schools, with Salt Spring Centre School being the closest elementary independent school to this home, located approximately 17.99 kilometers away. This school may not have a rating, but families love its unique approach to learning. For secondary education, Southpointe Academy is a short drive away, also with no rating, but offering a comprehensive curriculum.

Safety

According to the latest crime data from Statistics Canada (2020), our community boasts a low overall crime rate of 4,191.37, ranking it as one of the safest areas in Canada. With a rate of 205 disturbances, you can enjoy peace of mind knowing that our neighborhood is a haven from crime. In fact, the rate of property crimes is particularly low, with only 78 incidents in 2020, making it an ideal place to call home.

Demographics

Our community is home to a diverse group of residents, with 34.1% holding a university certificate or degree, which is higher than the average in BC. You'll also find that the median household income is $54,037, which is below average compared to the rest of British Columbia. However, the median personal income is $28,656, also below average. With 35.2% of households having a mortgage, this is a relatively low number in our region.

Transit

Getting to and from Mayne Island is easy, with the Beaver Point Parking Lot located just 11.77 kilometers away. While there may not be a direct bus service, you can easily access public transportation to connect with other parts of the province.

Lifestyle Amenities

Our community offers a range of amenities that make it an ideal place to live. With a population density of 24.7 people per square kilometer, you'll enjoy a peaceful and serene environment. The average family size is 2.3, which is lower than the average in our region. You'll also find that 23.4% of families have children, which is lower than average. However, 67.2% of residents are married or living common law, which is higher than average.

Real Estate Context

The average value of dwellings in our neighborhood is $517,411, which is above average compared to other areas in British Columbia. With average owner payments of $815 and tenants paying $763, you'll find that the cost of living is relatively low. In fact, 14.3% of the population rents their homes, which is below average in our region.

Language and Transportation

You'll find that 9.6% of residents speak both English and French, which is above average. However, 90.4% speak only English, which is average. With 79.3% of residents using cars as their primary mode of transportation, you'll find that getting around is easy. Additionally, 2% of residents use bicycles, and 7.8% walk, making our community an ideal place for outdoor enthusiasts.

In summary, 548 Arbutus Drive is a wonderful home located in a safe and charming community. With excellent schools, low crime rates, and a range of amenities, you'll find that this is an ideal place to call home. Whether you're a family, a retiree, or a young professional, this property offers something for everyone.

MLS® R2991968

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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 $949,000
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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