$1,150,000

454 Village Bay Road, Mayne Island V0N2J2

Detached

Listed by: RE/MAX Mayne-Pender.

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Description

Welcome to a beautiful 1-acre commercial zoned (C1(a)) property in the heart of the village with views into Miners Bay & Active Pass. Well-maintained commercial assets include a 2,996 sq ft restaurant with a fully equipped kitchen, fixtures, equipment & furniture—all leased with ongoing income. Additionally, a 581 sq ft leased office space provide further revenue streams & 714 sq ft warehouse space for potential income. Zoned for owners or caretakers residence, retail & office use, offering versatile opportunities. Perfect as an income or investment property, combining scenic beauty, prime location & potential for expansion. Turnkey opportunity for savvy investors or entrepreneurs. Come Feel the Magic! (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

View: Ocean view

Parking Spaces: 10

Structure: Other

Annual Taxes: $9,660

Lot Size: 1.0

Property Details

Property Type	Detached
Sub Type	Other
Lot Size	1 sq ft
Parking	10 spaces
Listing ID	1028437

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454 Village Bay Road, Mayne Island
MLS® 1028437 · $1,150,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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