442 MARINERS WAY

Mayne Island · MLS® R3136836

3 bed · 2 bath · 3,315 sq ft · 42,243 sq ft lot · 0 parking

House · Single Family · built 1988 · 111 days on market

Listed by Gina Lin, Coldwell Banker Prestige Realty

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.

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 3,315 sq ft
Lot: 42,243 sq ft
Parking: 0
Year built: 1988
Property tax: $3,715 / yr
Days on market: 111
MLS®: R3136836

Below typical for the area (-8.1%)

2026 assessment: $965,000 · asking is -6.8%
Est. market value: $978,121houses on Vancouver Island sold at a median +1.4% vs assessment this past year (75 sales)
Price per sq ft: $271 vs $555 median for houses in Mayne Island for sale (19)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 111 days

$4,226/mo

Mortgage $3,917 · Tax $310

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,917/ monthly

loan $719,200

25-year amortization

down payment20% · $179,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 6, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $455,857
property transfer tax: $15,980; BC general rate
cash to close: $195,780; down + PTT
total paid: $1,175,057

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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