For sale · MLS® 1287319
60-62 North Shore Highway
Gillams, NL, A2H6B9
List price
$540,000
About this propertyMLS® 1287319
Located in Gillams, NL., approximately 20 minutes from Corner Brook & nestled higher & surrounded by all of natures beauty, only minutes away from the groomed trail network. Operated as a Bed & Breakfast in the past could be your opportunity to use as an income property or as your own personal retreat. Very spacious home with 4 bedrooms on main level, 2 full bathrooms, large living room boasting an impressive looking fireplace, dining room, kitchen & kitchen nook, rear porch & front foyer leading to front deck. Lower level has a bonus room used as a bedroom, full bathroom, large laundry room, workshop area , utility room & large unfinished area that can be developed. (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Storage Utility room Workshop Laundry room Bath (# pieces 1-6) Bedroom | 45.0 x 18.0 11.0 x 10.0 18.4 x 7.10 13.6 x 13.5 10.3 x 6.6 15.7 x 10.10 |
| Main level | Porch Foyer Bedroom Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) Bath (# pieces 1-6) Living room/Fireplace Dining room Dining nook Kitchen | 8.4 x 6.0 18.8 x 5.7 9.10 x 9.9 14.10 x 10.2 14.1 x 11.7 17.10 x 15.1 8.6 x 7.7 8.11 x 7.7 18.8 x 18.1 12.2 x 11.6 11.8 x 4.10 11.8 x 10.0 |
The neighbourhood
Gillams at a glance
Live market stats for Gillams — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
2
Median list price
$400k
Price range
$260k – $540k
Typical build
1978
Average size
3,221 sqft
Where Gillams listings are priced
Every active list price in Gillams, grouped into bands.
List price, thousands of $ · 2 homes
View as table
| Price band ($) | Listings |
|---|---|
| 200–300 | 1 |
| 500–750 | 1 |
How Gillams compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
18 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$1,200 / year
≈ $100 / month · assessment year 2024
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Parks 1
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$100/mo
Principal & interest $0 + property tax $100 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-675
NOI / month
$-675
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $100 | $1,200 |
| Expenses | $575 | $6,900 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-675 | $-8,100 |
| NOI | $-675 | $-8,100 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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