Mayne Island · V0N2J1
$4,726/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Positioned along the shoreline of beautiful David´s Cove, this low bank waterfront property captures expansive sunrise views across one of Mayne Island´s warmest and most protected bays. The 875 square ft vintage cottage offers a simple and authentic coastal retreat with 2 bedrooms, 1 bathroom and a cozy wood stove, while the gently sloping 0.37-acre property provides approximately 200 feet of frontage with direct access to swimming, kayaking and quiet moorage. Rich in natural beauty and privacy, the property presents an exceptional opportunity to enjoy as-is, renovate over time, or create a new waterfront home immersed in the surrounding landscape. The neighbouring property at 579 Bayview is also available, offering future potential to secure two side-by-side waterfront parcels in this coveted Mayne Island setting.
Buy / sell history for 581 BAYVIEW Drive, Mayne Island (Single Family)
1
Beds
875 ft²
Floor area
1966
Year built
Single Family
Type
Listed
June 5, 2026
Nearby & Commute
38 min
walk to Tru Value Foods
1h 53m
bike to South Delta Exchange
6h 17m
walk to South Delta Exchange
1h 54m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 71%
| Detached | 22 | 71.0% |
| Land | 7 | 22.6% |
| Other | 2 | 6.5% |
| Under $5,000 | 15 | 2.1% |
| $5,000 to $9,999 | 10 | 1.4% |
| $10,000 to $14,999 | 10 | 1.4% |
| $15,000 to $19,999 | 30 | 4.2% |
| $20,000 to $24,999 | 45 | 6.3% |
| $25,000 to $29,999 | 35 | 4.9% |
| $30,000 to $34,999 | 25 | 3.5% |
| $35,000 to $39,999 | 30 | 4.2% |
| $40,000 to $44,999 | 40 | 5.6% |
| $45,000 to $49,999 | 40 | 5.6% |
| $50,000 to $59,999 | 70 | 9.9% |
| $60,000 to $69,999 | 70 | 9.9% |
| $70,000 to $79,999 | 40 | 5.6% |
| $80,000 to $89,999 | 45 | 6.3% |
| $90,000 to $99,999 | 35 | 4.9% |
| $100,000 to $124,999 | 75 | 10.6% |
| $125,000 to $149,999 | 25 | 3.5% |
| $150,000 to $199,999 | 30 | 4.2% |
| $200,000 and over | 40 | 5.6% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$4,726
Principal and interest
Calculated estimate
$4,301
Property tax
Calculated estimate
$275/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$929,900
Down payment
Calculated estimate
$185,980 (20%)
Estimated mortgage
Calculated estimate
$743,920
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$4,726
/mo
Rate
%
Amortization
Principal and interest
$4,301
Property tax (est.)
$275
P&I
Tax
Down payment
$185,980 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $185,980 down (20%) on $929,900, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
