About the property (MLS: 1286865):
Step into a piece of Brigus heritage! Built in 1937 by church builders, this historic home is full of character and charm. The side of the house once housed the well-known gift shop, The Whaler, making this a property with a unique story and deep roots in the community. Featuring an original staircase, a vintage piano, and timeless craftsmanship throughout, this home offers a rare opportunity to restore and reimagine a piece of history. The spacious lot is dotted with mature trees and offers plenty of privacy — an ideal setting for a family residence or a distinctive investment. Being sold as is, this beautiful property is ready for its next chapter. With its heritage, charm, and potential, it’s a one-of-a-kind find for the right buyer to make it their own. (id:56688)
Property Details
Listing ID: 28528948
Address: 277 Conception Bay Highway, Brigus, Newfoundland & Labrador, Canada A1W5J9
Status: Active
Last updated: 14 days ago ( Jun 27, 2025 )
Year Built: 1937
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 1,916 square feet
Price per sq ft: $100
Tax Annual Amount: $2,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.533024, -53.220479]
Rooms
Main level | Bath (# pieces 1-6) Other Living room Kitchen Bedroom Family room Dining room | 4x4 null 16x19 null 12x12 null 9x11.6 null 10x13 null 12x16 null 11x12 null |
Second level | Bedroom Bath (# pieces 1-6) Bedroom | 6x7 null 8x8 null 12x10 null |
Basic Calculator
First Mortgage: $151,920
Mortgage insurance premium: $0
Total Financing: $151,920
Rough closing fee (1.5%): ~ $2,849
Total downpayment with estimated closing fee: $40,829
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,108 | $25,296 |
Gross rental income (income/principal ratio) | 1.110% | 13.321% |
Mortgage | $0 | $0 |
Monthly Expenses | $238 | $2,856 |
Vacancy | $106 | $1,265 |
Management Fee | $169 | $2,024 |
Expense / Income Ratio | 11.29% | 11.29% |
Cash Flow | $1,596 | $19,152 |
Net Operating Income (NOI) | $1,596 | $19,152 |
Capitalization Rate | 0.84% | 10.09% |