The 0.46 acre property is located where Village Bay Road ends and Letour Rd begins. The building lot is just a few steps away from the BC Ferry terminal and adjacent beach access. Ocean view of Village Bay from the lower part of the property. A stately Arbutus tree frames the entrance over the driveway. Fir, cedar, arbutus, maple trees and ferns dominate the landscape. The property rises in elevation towards the back where a large acreage borders the lot. A hydro pole is located near the north side on Village Bay Rd. The lot has been surveyed, gravel driveway and a water well of 2 GPM was recently drilled. Near Dinner Bay Park and trail leading to Miners Bay; this property has a lot to offer.
General Info
Price
$265,000
Total Bedrooms
-
Total Bathrooms
-
Half Bathrooms
-
Floor Area Total (sqft)
-
Lot Size
20037.6
Lot Size Depth
Feet
Lot Size Frontage
100
Basement Features
-
Property Metrics
Year Built
-
Age Of Building
-
Building Type
-
Property Type
Land
Stories
-
Building Features
-
Structures
Land Only
Additional Details
MLS® #
R3039299
Building Name
-
Area
Islands-Van. & Gulf
Neighbourhood
Mayne Island
City
Mayne Island
Postal Code
V0N 2J2
Price per Sqft
-
Gross Taxes
$1,266.52
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Fixtures Included
-
Heating & Cooling
Fireplace
-
Utilities
Utility Type
Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Nearby, Natural Gas Not Available, Phone Nearby, Cable Not Available
Water (WaterSource)
Well Drilled
Parking
Total Parking Spaces
-
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 & Transit Info
Private Schools
Elementary
Salt Spring Centre School
12.75 km
Secondary
Brentwood College
27.4 km
Closest Transit
Bus Stop
Beaver Point Parking Lot
8.86 km
Skytrain
Skytrain @ Brighouse Stn
38.29 km
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$106
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $1,118/month in total housing costs on this $265,000 property — $1,012 mortgage payment, $106 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
Estimated rental income of $1,586/month exceeds carrying costs by $402/month, making this an income-positive property at 20% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$265,000
Mayne Island
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Mayne Island
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Among 4 similar active listings in Mayne Island, the average price is $436,333. At $265,000, this listing is priced 39.3% below the local average and 39.3% below the city-wide benchmark. This property is flagged as a Hot Deal (5.4% price reduction) based on its competitive pricing and market demand.
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
Property FAQs
What are the closest top-rated schools to 488 Letour Road, Mayne Island, BC?
The closest top-rated schools are Salt Spring Centre School and Brentwood College.
Is 488 Letour Road, Mayne Island, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 488 Letour Road, Mayne Island, BC?
With a standard down payment, the estimated monthly mortgage is approximately $1,590.
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