Parcels A & B Main Road
Victoria Cove, NL, A0G4N0
List price
$99,900
About this propertyMLS® 1282767
A Rare Opportunity: Ocean View & Waterfront Land - Perfect for Your Dream Home! Presenting an exceptional real estate opportunity, these two stunning blocks of land are waiting for you to make your mark. The 1.14 acres of Parcel A offers breathtaking ocean views, providing the perfect backdrop for your future dream home. Parcel B, measuring 3.5 acres, is a blank canvas of land filled with mature trees, some cleared areas, and endless potential for development. Whether you want to create a private estate, a cozy getaway, or something uniquely your own, the possibilities are endless. These two parcels are level and easy to develop, offering a prime location for anyone looking to build their dream home. Parcel B holds special significance for those familiar with the area, as it is the site where many community events were held at the historic Orange Lodge in years past. While the lodge itself is not part of the sale, its rich history and the memories created there still hold a special place in the hearts of locals. If you’ve been searching for the perfect location to build your forever home, this is the spot. With the added bonus of waterfront property in Parcel A, you’re truly getting the best of both worlds: serene ocean views and the potential for a private oasis. This rare opportunity won’t last long—both parcels must be sold together. Don't miss your chance to own a piece of history and create your own future in this picturesque location.
Property details
More details
Overview
The home
Systems & utilities
Parking & outdoor
Features
Fees & source
Rooms
Victoria Cove at a glance
Live market stats for Victoria Cove: what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
3
Median list price
$359k
Price range
$100k – $419k
Typical build
2012
Average size
2,364 sqft
Where Victoria Cove listings are priced
Every active list price in Victoria Cove, grouped into bands.
List price, thousands of $ · 3 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 1 |
| 300–400 | 1 |
| 400–500 | 1 |
How Victoria Cove compares
Median list price against the next biggest markets. Click a row for that area guide.
Victoria Covenearby markets
Neighbourhood scores
Walk, bike, and transit scores for this exact address.
Location, air, flood & taxes
Elevation
11 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · Grand Falls - Windsor · updated 10:30 a.m.
Flood & zoning are mapped for St. John's only
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nothing mapped within 1.5 km of this address yet. Dots appear here once OpenStreetMap coverage reaches it (coverage is thin outside the Avalon).
Nearby & drive routes
0 places shown · OpenStreetMap · OSRM
No amenities mapped within 1.5 km of this address yet. OpenStreetMap coverage is thin outside the Avalon, so nearby shops and schools may not appear here.
Nothing mapped within 1.5 km of this address.
What this home really costs
Winter heat, five years of ownership, how this price sits against the market, and what the map says is within walking distance: every figure captioned with its assumptions.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $43,215
Closing costs + five years of running costs + 60 mortgage payments on a $99,900 home.
If rates rise 2 points
$5,817 more over five years if the rate is 6.84% instead of 4.84% (P&I only).
Once, at closing
- Land transfer (registration) fee$100 + $0.40 per $100 over $500, capped at $5,000$498
- Legal feesest.estimate, your lawyer quotes the exact figure$1,500
- Down payment (20%)$19,980
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,626
- Home insuranceest.estimate, NL range $700–$1,500/yr$1,100
× 5 years = $13,630
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $546 | $48,388 | needs mortgage insurance (not modelled) |
| 10% | $517 | $46,663 | needs mortgage insurance (not modelled) |
| 20% | $460 | $43,215 | no mortgage insurance |
Estimates, not a quote or an appraisal. Mortgage at 4.84% (lowest bank 5-yr fixed, Ratehub.ca, 2026-11-12), 25-year amortization, P&I only. Land transfer fee: Registry of Deeds schedule ($100 + $0.40/$100 over $500, cap $5,000). Legal $1,500 and insurance $1,100/yr (NL range $700–$1,500) are estimates. Heating is 2× the Jan–Mar winter estimate. No property tax on record; that line is omitted. 5-year all-in = closing costs + 5 years of running costs + 60 mortgage payments; it excludes CMHC insurance (needed below 20% down), utilities other than heat, and maintenance.
More cost & context panels
Rate time machine
same house · same down payment
Same house, same down payment: your payment today at 4.84%lowest bank rate · posted was 6.19%
- Today, lowest bank rate2026-11-12 · 4.84%$460/mo
- Today, posted2026-11-04 · 6.19%$524/mo
- 5 years ago2021-11-03 · 4.79%$457/mo
- 10 years ago2016-11-02 · 4.64%$451/mo
At 6.19%, five years ago, the same mortgage would have cost $64 more each month than at today's posted rate.
Principal & interest only: $79,920 (80% of the $99,900 asking price, 20% down), 25-year amortization. No taxes, insurance, fees, or mortgage insurance. Today's rate is the Bank of Canada conventional 5-year rate observed 2026-11-04. The 5- and 10-year rows are two documented observations of that same series (2021-11-03 = 4.79%, 2016-11-02 = 4.64%, retrieved 2026-11-01 from bankofcanada.ca/valet), fixed reference points, not a modelled path between them. Estimate, not an offer of credit; your lender's rate will differ.
Monthly carrying cost
$421/mo
Calculators
Estimate payments and returns before you make an offer, all in one place.
Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Investment calculator
Monthly cash flow
$0
NOI / month
$0
Cap rate
0.00%
Gross yield
0.00%
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| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
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| NOI | $0 | $0 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Talk to Haris
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Keller Williams Platinum Realty