Property Type: Detached HouseOwnership: Freehold

442 MARINERS WAY

Mayne Island, BC V0N2J2

$899,000

3 bed2 bath0 parking3,315 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
House
Lot size
42,243 square feet
Frontage
124.7 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,714.62 (2025)

Interior

Heating
Baseboard heaters, Electric, Wood
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
0 — covered indicated
Features
Carport, RV

Listing Information

MLS®
R3136836
Listed
June 17, 2026
Time on market
On the market for 76 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Prestige Realty · Data source: CREA DDF.

Description

South facing close to 3500sq house (including 787 unfinished area )on an close to 1 acre land with Oceanview. 3 Huge decks surround, overlook the ocean. An Iron gate and a circular driveway leads you to this 3 bedroom wooden house surrounded by Beautiful garden. Peaceful and private. Upstairs loft is a bedrm with ensuite & private deck. (id:63159)

Values & Trends

This listing

$271/sqft

Building average

No other active listings in this building

Mayne Island average

$848/sqft

22 active listing(s)

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.

Nearby Schools

SchoolTypeDistance
Mayne Island SchoolElementary2.3 km
Galiano Community SchoolElementary6.9 km
Pender Islands Elem-SecondaryElementary/Middle7.3 km
Saturna Island Elementary SecondaryK-129.8 km
Salt Spring ElementaryElementary15.5 km
Gulf Islands SecondarySecondary15.8 km
Phoenix PlaceSecondary15.9 km
Fernwood ElementaryElementary19.9 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.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$475.55
Total monthly cost$5,115.59
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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