443 FERNHILL ROAD, Mayne Island
$899,000
This 49,222.8 sqft property in Mayne Island is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
An incredibly charming refurbished 1920 farm house in the heart of the village. Sitting on 1.13 acres of gentle terrain that is home to an array of evergreens, apple orchard and an artesian well. A welcoming 2537 s/f home that could easily be set up as a bed & breakfast or multi family use with a contained suite. Three bedrooms and bathrooms, a detached 892 s/f double garage with ample height for recreational toys, plus carport and open parking. Heat pump, wood stove and generator. Steps away from the hub of Miners Bay, where you’ll find amenities including Mayne’s own library,the historical agricultural hall and fair grounds, a government dock with float plane landing. This is a true island gem!
How this price compares
This lot asks $18 per square foot of lot. That is 45% below the median of $33 across the 10 active lots VanPlex is showing in Mayne Island, and puts it 2 of 10 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $899,000
- Lot size
- 49,222.8 sqft
- Lot dimensions
- 64.06 x 89.90
- Frontage
- 210.17 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1920
- MLS® area
- Mayne Island
- MLS® number
- R3165530
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Listing data via MLS®. Displayed for information only.