400 FERNHILL ROAD
Mayne Island, BC V0N2J0
$1,999,000
Property Details
Property & Lot
- Lot size
- 77,101 square feet
C2(C)
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $28,496.58 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8075774
- Listed
- February 3, 2026
- Time on market
- On the market for 210 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.
Description
Springwater Lodge is an exquisite historical waterfront property nestled in the heart of Miners Bay on Mayne Island. Spanning 1.77 acres, this estate features a historic lodge with a restaurant and bar, complemented by two recently upgraded detached duplex cabins on the waterfront. Positioned mere steps from the Government dock accommodating float planes and boats, the property holds significant potential, allowing for the development of up to 26 accommodation units. Offering breathtaking views on this remarkable island, this opportunity is a must-see. Pictures taken while the restaurant was operating. (id:63159)
Location Insights
Weather
Nearest station: Gulf Islands (Southern)
16°C
—
Humidity 76%
Wind SSW 12 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
33
3/9 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
| School | Type | Distance |
|---|---|---|
| Mayne Island School | Elementary | 1.3 km |
| Galiano Community School | Elementary | 4.6 km |
| Pender Islands Elem-Secondary | Elementary/Middle | 9.8 km |
| Saturna Island Elementary Secondary | K-12 | 11.3 km |
| Salt Spring Elementary | Elementary | 14.9 km |
| Gulf Islands Secondary | Secondary | 15.2 km |
| Phoenix Place | Secondary | 15.3 km |
| Fernwood Elementary | Elementary | 18.6 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 (2)
- Sunny Mayne Bakery148 m
- Shavasana Cafe179 m
Grocery (1)
- Tru Value Foods151 m
Parks (2)
- Miner's Bay Community Park58 m
- Unnamed427 m
Nearby places data: © OpenStreetMap contributors.
School district: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($399,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.