506 Arbutus Dr
Mayne Island, BC V0N2J1
$825,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 12,197 square feet
- Zoning
- Residential
SR
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,228.74
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 7'11 x 9'7 |
| Bedroom | Main level | 9'5 x 11'7 |
| Primary Bedroom | Main level | 9'6 x 11'7 |
| Living room | Main level | 15'4 x 17'10 |
| Dining room | Main level | 7'5 x 11'8 |
| Kitchen | Main level | 7'7 x 9'3 |
Listing Information
- MLS®
- 1028851
- Listed
- April 16, 2026
- Time on market
- On the market for 137 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Mayne-Pender · Data source: CREA DDF.
Description
Discover your perfect getaway with this 1 level waterfront cabin on Mayne Island, offering breathtaking views of beautiful Bennett Bay. This cozy 844 s/f home features 2 bedrooms and 1 bathroom, perfect for relaxing after a day of exploration on the beautiful nearby beaches within walking distance. Take in the serene vistas and the soothing sounds of nature with a deck close to the cliff side. The deck attached to the home will need to replaced to enhance your outdoor living space and fully enjoy the stunning waterfront setting. Whether you seek a year-round residence or a seasonal cottage, this hidden gem offers a peaceful oasis. If you are looking for an investment, this property is currently tenanted with an established tenant who would love to stay! Embrace island living and make this delightful cabin your own! (id:63159)
Values & Trends
This listing
$977/sqft
Building average
—
No other active listings in this building
Mayne Island average
$816/sqft
22 active listing(s)
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 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
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
| School | Type | Distance |
|---|---|---|
| Mayne Island School | Elementary | 2.4 km |
| Galiano Community School | Elementary | 7.7 km |
| Saturna Island Elementary Secondary | K-12 | 8.0 km |
| Pender Islands Elem-Secondary | Elementary/Middle | 8.8 km |
| Salt Spring Elementary | Elementary | 18.5 km |
| Gulf Islands Secondary | Secondary | 18.9 km |
| Phoenix Place | Secondary | 18.9 km |
| English Bluff Elementary | Elementary | 22.1 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 Brickworks Restaurant and Lounge131 m
- The Bennett Bay Bistro · 494 Arbutus Drive139 m
Nearby places data: © OpenStreetMap contributors.
School district: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.0% ($57,500) — 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.