Property Type: Condo / ApartmentOwnership: Strata

13 494 Arbutus Dr

Mayne Island, BC V0N2J2

$499,000

1 bed1 bath660 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
436 square feet
Zoning
Other

C2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$545/mo
Annual property tax
$1,797.26

Interior

Heating
Baseboard heaters, Electric, Propane
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

Waterfront
Waterfront on ocean

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
Primary BedroomMain level11' x 12'
KitchenMain level12' x 12'
Living roomMain level12' x 14'

Listing Information

MLS®
1040067
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Mayne-Pender · Data source: CREA DDF.

Description

The perfect Island getaway! This is a 660 sqft 1 bedroom, 1 bathroom, lower level waterfront Villa with 465 sqft of patio & deck space! Enjoy a full ownership unit at the Mayne Island Resort with a panoramic view of Bennett Bay!! Easy access to the spa, with lap pool, sauna & hot tub. You'll appreciate the vaulted ceilings, wood floors, high-end appliances, granite countertops, heated tile floor in spa-like 4 pce bathroom & BBQ on the private patio. This is a Strata complex so no need to worry about yard work and exterior maintenance they are all taken care of for you. Just show up and enjoy all that Mayne Island has to offer. Come Feel the Magic! GST is applicable. (id:63159)

Values & Trends

This listing

$756/sqft

Building average

No other active listings in this building

Mayne Island average

No comparable active listings

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Gulf Islands (Southern)

16°C

Humidity 73%

Wind WSW 2 km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Mayne Island SchoolElementary2.3 km
Galiano Community SchoolElementary7.6 km
Saturna Island Elementary SecondaryK-128.1 km
Pender Islands Elem-SecondaryElementary/Middle8.8 km
Salt Spring ElementaryElementary18.4 km
Gulf Islands SecondarySecondary18.8 km
Phoenix PlaceSecondary18.9 km
English Bluff ElementaryElementary22.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (2)

  • The Bennett Bay Bistro · 494 Arbutus Drive42 m
  • The Brickworks Restaurant and Lounge45 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$727.77
Total monthly cost$3,303.27
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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