Property Type: Detached HouseOwnership: Freehold

234 MARINERS WAY

Mayne Island, BC V0N2J2

$775,000

3 bed2 bath5 parking1,887 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Lot size
0.32 acres
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,589.63 (2026)

Interior

Basement
Crawl space, Unknown, Unknown
Heating
Baseboard heaters, Forced air, Electric
Fireplace
Yes (1)
Appliances
Refrigerator, Stove, Washer & Dryer

Exterior & Lot

View
View
Lot features
Private setting

Building

Parcel ID (PID)
003-071-839

Parking

Total spaces
5 — covered indicated
Features
Garage

Listing Information

MLS®
R3139421
Listed
June 24, 2026
Time on market
On the market for 68 days
Tax assessment year
2026
Data last synced
August 30, 2026

Listing provided by: Parallel 49 Realty · Data source: CREA DDF.

Description

Discover a truly unique Mayne Island oasis where the soothing sounds of waves crashing and whales exhaling, create an unforgettable coastal retreat. Meticulously maintained, move in ready, this distinctive 3 bedroom, 2 bathroom home offers a versatile layout with ample space for family and guests. Warm, welcoming, and full of character, it invites you to slow down and embrace island living. Relax or entertain on the spacious sun deck surrounded by nature, with fruit trees adding to the property's charm. Set on 0.32 acres and featuring a double garage/workshop, this exceptional property offers endless possibilities as a retirement retreat, family getaway, vacation home, or potential income producing rental. A rare opportunity to own a one of a kind island sanctuary. (id:63159)

Values & Trends

This listing

$411/sqft

Building average

No other active listings in this building

Mayne Island average

$841/sqft

22 active listing(s)

Parking: 5 stall(s) includedStorage 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

15

2/9 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 SchoolElementary3.1 km
Galiano Community SchoolElementary5.2 km
Pender Islands Elem-SecondaryElementary/Middle9.2 km
Saturna Island Elementary SecondaryK-1212.2 km
Salt Spring ElementaryElementary13.2 km
Gulf Islands SecondarySecondary13.6 km
Phoenix PlaceSecondary13.7 km
Fernwood ElementaryElementary17.5 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

Cafes (1)

  • Village Fare487 m

Parks (1)

  • Village Bay Community Park228 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($52,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$620,000.00
Periodic payment — Principal & Interest (monthly)$4,000.03
Additional monthly expenses (strata, tax, utilities, etc.)$309.80
Total monthly cost$4,309.83
Interest paid over 5-yr term$177,693.78
Balance at end of term$557,692.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$52,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,555.77

Cash Needed at Closing

Minimum down payment$52,500
Estimated BC PTT$13,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$67,500

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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