195 Cherry Tree Lane, Mayne Island, BC, MLS® R2899772

$675,000
Est. Mortgage /mo

Closed

$600,000
Closed at 30 Oct 2024
Listing price: $675,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
2 Baths
1 Stories
lot 16117 sqft
1137 sqft
1979 built
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195 Cherry Tree Lane, Mayne Island, BC | MLS® R2899772 Property Details

Step into this adorable 1137 sq ft cabin that exudes charm from every corner, & featuring 3 bdrms, a large bthrm & a bright open plan living & dining area with a wood burning stove perfect for family gatherings or cozy nights.The inviting decks provide the ideal spot for morning coffee or stargazing at night with a covered area for rainy days. Enjoy the convenience of a bunky/studio with a rustic two-piece bthrm, & a open space carport to keep storage items dry. Situated on a .37-acre flat land, the property is naturally landscaped with low maintenance in mind & has it's own septic system & is on community water. With many beaches within walking distance you do not want to miss the chance to own this delightful cabin, where every detail whispers "welcome home." Come Feel the Magic!

General Info

Price $675,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1137
Lot Size 16117.2
Lot Size Depth Feet
Lot Size Frontage 70
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1979
Age Of Building 45
Building Type Single Family Residence
Property Type Residential
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2899772
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Gross Taxes $1,361.81
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Wood

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Carport Multiple, Open
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning SR
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter, Other
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Mayne-Pender & RE/MAX Mayne-Pender

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary
Salt Spring Centre School
15.76 km
Elementary, Secondary
Southpointe Academy
24.55 km

Closest Transit

Bus Stop
Long Harbour Rd at Scott Point Dr (WB)
11.64 km
Skytrain
Skytrain @ Brighouse Stn
34.81 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

The closest Elementary independent school to this home for sale located at 195 Cherry Tree Lane is Salt Spring Centre School with School's rating No Rating, located 15.76 km from this home.

The closest to this address 195 Cherry Tree Lane Secondary independent school is Southpointe Academy with School's rating No Rating, located 24.55 km from this home

The closest Bus station is Long Harbour Rd at Scott Point Dr (WB) in 11.64 km away from this listing with - MLS® R2899772.

34.1% of people with university certificate/degree live in this neighbourhood adjacent to the 195 Cherry Tree Lane which is High in comparison with other BC neighbourhoods. 9.1% of population in this neighbourhood that is near the Listing MLS® R2899772 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 195 Cherry Tree Lane, Mayne island, BC is $54037 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2899772 is $28656 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 35.2% which is Low.

Unemployment rate in the area around Real Estate Listing # R2899772 is 2.9 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 195 Cherry Tree Lane Mayne Island where population change between 2011 and 2016 was -2.8%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 195 Cherry Tree Lane, Mayne island, BC is 24.7 which is Below Average people per sq.km.

Average size of families in the area adjacent to home for sale 195 Cherry Tree Lane is 2.3. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2899772 is 23.4% and it is Low. % of Married or living common law is around 67.2% and it is High.

Average age of the population close to the 195 Cherry Tree Lane is 56.7 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 195 Cherry Tree Lane, Mayne island, BC is $517411 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Low in the area adjacent to 195 Cherry Tree Lane. $815 owners spent in average for the dwelling. Tenants are paying $763 in this district close to MLS® R2899772 and it is Low comparing to other cities.

14.3% of Population in this district near the 195 Cherry Tree Lane are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 195 Cherry Tree Lane, Mayne island, BC is 9.6%, it is Above Average, % of English speakers only is 90.4% and Average. % of Neither English nor French speakers close to home for sale 195 Cherry Tree Lane, Mayne island, BC is 0% and it is comparing to other BC cities.

6.8% of all population in the area around this property with the address 195 Cherry Tree Lane, Mayne island, BC using Public Transport which is Below Average, 79.3% of using population are using Cars around MLS® R2899772, which is Below Average. 2% of people using Bicycles around the 195 Cherry Tree Lane and it is Above Average. 7.8% of population are walking which is Above Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $675,000
Mayne island No comparables
Mayne Island No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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