574 Arbutus Rd, Mayne Island, BC, MLS® R2979750

$1,550,000
Est. Mortgage /mo

$1,550,000
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
3 Baths
1 Stories
lot 8276 sqft
1937 sqft
1976 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

574 Arbutus Rd, Mayne Island, BC | MLS® R2979750 Property Details

This pristine sunlit waterfront property comes with your own dock on Bennett Bay, glorious sunrises, and spectacular views of coastal mountains and the never ending Belle Chain Islets. An immaculate home that has been substantially renovated offering all the newest systems and upgrades. Comfortable and inviting open living space, spacious kitchen with adjacent pantry and office space. Ocean view master-bdrm with deluxe 4 pce ensuite. A combined 2 pce guest bathroom, sauna and laundry on the main. Upstairs to the 2nd bdrm, hobby room or 3rd bdrm and full bath. Expansive two level ocean side deck with hot tub and outdoor shower. Lovely rock garden entrance welcomes you, fully fenced with greenhouse and irrigation system. Work shop & dbl carport complete this oceanfront dream!

General Info

Price $1,550,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1937
Lot Size 8276.4
Lot Size Depth Feet
Lot Size Frontage 100
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1976
Age Of Building 49
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Loft
Stories 1.5
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Sauna/Steam Room
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2979750
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Gross Taxes $4,164.39
Ownership Type Freehold NonStrata
Maintenance Fee -
Amenities Nearby Sauna/Steam Room

Heating & Cooling

Fireplace 2
Heating Type Heat Pump, Propane, Wood

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Community

Parking

Parking Type Carport Multiple, Open, Front Access, Concrete
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning SR
Rental Suites -
# of Kitchens 1
Flooring Hardwood, Other, Tile
Foundation Concrete Perimeter
Interior Features Storage, Vaulted Ceiling(s)
Locker -
View 1
View Description Ocean View
Units In Development -
Exterior Features Garden, Private Yard
Sewer Septic Tank
Roof Metal

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
18 km
No Rating
Elementary, Secondary
Southpointe Academy
25.8 km
No Rating

Closest Transit

Saltspring Island
Beaver Point Parking Lot
11.65 km
Welcome to 574 Arbutus Road, Mayne Island, BC - MLS R2979750

As we step into the charming community of Mayne Island, we'll explore the features that make this home a perfect haven. Let's start with the educational landscape.

Education

Just a short drive from 574 Arbutus Road, you'll find the esteemed Salt Spring Centre School, an independent elementary school with no rating available. Located 18 km from this home, it offers a unique learning experience for students. For secondary education, Southpointe Academy, another independent school, is situated 25.8 km away, also with no rating available.

Safety and Crime Rates

According to the freshest crime data from Statistics Canada (2020), the neighbourhood surrounding 574 Arbutus Road, Mayne Island, BC boasts a low crime rate of 4,191.37 incidents per 100,000 population. Compared to other Canadian cities, this rate is considered Low. The year-over-year change in total crime rate is a mere 0.51%. When it comes to drug-related crimes, the rating is Low at 20.45, with only one incident reported in 2020. The year-over-year change in this category is 0.00%. Property crimes are also minimal, with a Low rating of 1,594.77 and 78 incidents in 2020, a decrease of 26.43% from the previous year. Violent crimes are equally rare, with a Low rate of 817.83 incidents in 2020, a 7.07% increase from the previous year.

Community and Demographics

Mayne Island is a tight-knit community where 34.1% of residents hold a university certificate or degree, a High percentage compared to other BC neighbourhoods. On the other hand, only 9.1% of the population has no certificate or degree, a Low percentage compared to the average in BC.

Transit and Commuting

The closest bus station is the Beaver Point Parking Lot, located 11.65 km from this home, making it convenient for those who rely on public transportation. With an unemployment rate of 2.9%, Mayne Island is a thriving community where residents can find employment opportunities.

Lifestyle and Amenities

This real estate listing is situated in a neighbourhood with a mix of English and French speakers, with 9.6% speaking both languages and 90.4% speaking only English. As for transportation, 79.3% of residents use cars, while 6.8% rely on public transport, and 2% use bicycles, making it easy to get around without a car. The average age of the population is 56.7, a High percentage compared to other BC cities.

Real Estate Context

The average value of dwellings in this neighbourhood is $517,411, an Above Average price compared to other areas in British Columbia. With 14.3% of residents renting their properties, this is a Below Average percentage compared to other BC cities and areas. The average owner payments are Low, with owners spending $815 per month, while tenants pay $763 on average.

As we conclude our tour of 574 Arbutus Road, Mayne Island, BC, MLS R2979750, you can see that this home offers a unique blend of safety, education, and community. With its Low crime rate, High percentage of residents with university degrees, and convenient public transportation, Mayne Island is an ideal place to call 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 $1,550,000
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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