Property Type: Detached HouseOwnership: Freehold

514 Aya Reach Rd

Mayne Island, BC V0N2J2

$748,000

2 bed1 bath3 parking1,588 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Lot size
0.78 acres
Zoning
Residential

SR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,347.44

Interior

Heating
Baseboard heaters, Electric, Other
Cooling / A/C
Fully air conditioned
Fireplace
Yes (1)

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
OtherMain level5'7 x 5'9
Laundry roomMain level5'11 x 15'10
KitchenMain level8'6 x 15'1
BedroomMain level8'9 x 10'10
BathroomMain level5'8 x 8'1
Primary BedroomMain level9'9 x 11'4
Living roomMain level15'5 x 25'9
Dining roomMain level16'10 x 17'9
Sitting roomMain level9'8 x 10'7
EntranceMain level5'8 x 6'6

Listing Information

MLS®
1030897
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

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

Description

Welcome to your dream home in the sought-after Lighthouse neighborhood! This 1,588 sqft turnkey property features 2 bedrooms and 1 bathroom, all on 1 level, seamlessly combining comfort and modern upgrades. The attached single-car garage adds extra storage and convenience to your daily routine. Step outside to discover the beauty of two stunning gardens, showcasing vibrant flowering trees and shrubs that create a peaceful atmosphere. Enjoy outdoor gatherings on the newly constructed deck in the front or relax on the intimate patio in the backyard, making the most of your expansive lot. With parks and beaches just moments away, this delightful home offers both serenity and a sense of community. This is a must-see—truly a Mayne Island gem! (id:63159)

Values & Trends

This listing

$471/sqft

Building average

No other active listings in this building

Mayne Island average

$839/sqft

22 active listing(s)

Parking: 3 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

4

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 SchoolElementary2.4 km
Galiano Community SchoolElementary4.0 km
Pender Islands Elem-SecondaryElementary/Middle11.5 km
Saturna Island Elementary SecondaryK-1211.8 km
Salt Spring ElementaryElementary15.9 km
Gulf Islands SecondarySecondary16.3 km
Phoenix PlaceSecondary16.3 km
Fernwood ElementaryElementary19.0 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

Parks (1)

  • Fred and Bette Cotton Community Park585 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$598,400.00
Periodic payment — Principal & Interest (monthly)$3,860.67
Additional monthly expenses (strata, tax, utilities, etc.)$274.62
Total monthly cost$4,135.29
Interest paid over 5-yr term$171,503.16
Balance at end of term$538,262.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,800
Stress test qualifying rate8.09%
Payment you must qualify for$5,368.91

Cash Needed at Closing

Minimum down payment$49,800
Estimated BC PTT$12,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,260

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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