About this propertyMLS® 1292954
Have you been looking for an investment opportunity? If so you have found a perfect gem. This property has previously been used as an adult care home that closed in 2019 due to damage. It boasts 14 bedrooms and 3 1/2 bathrooms, a roof that was upgraded in 2010, sizable decks with one being wheelchair accessible, a sprinkler system that was installed in 2008, newer windows, a newer septic system that holds 27,000 L and three artesian wells and plenty of outdoor space for recreational activities. (This area is due to upgrade to municipal services in the coming months) With required upgrades this prime property can once again be ready to live in. Whether its for a rental property or you want to revisit opening a seniors home again with the right direction you can bring this property back to life. Property being sold as is where is. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom | 7.6xz5.6 12x15.8 9.8x10 9.6x10 10x10 11.8x13.6 9.9x13.6 11x13.6 13.4x11.6 10.3x15.6 11.1x17.10 |
| Main level | Foyer Recreation room Bath (# pieces 1-6) Bath (# pieces 1-6) Other Storage Bedroom Bedroom Bedroom Dining nook Dining room Kitchen Living room Foyer | 4.4x5 19x13.4 8.10x5.6 8.10x5.6 5.8x6.8 5x6.8 14.6x17.6 16.6x11.6 12x12.6 9x7.8 12.8xx15.6 21.8x8.10 13x12.10 8.8x4 |
The neighbourhood
Portugal Cove - St. Phillips at a glance
Live market stats for Portugal Cove - St. Phillips — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
12
Median list price
$515k
Price range
$45k – $995k
Typical build
2008
Average size
4,537 sqft
Where Portugal Cove - St. Phillips listings are priced
Every active list price in Portugal Cove - St. Phillips, grouped into bands.
List price, thousands of $ · 12 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 2 |
| 200–300 | 3 |
| 400–500 | 1 |
| 500–750 | 4 |
| 750–1M | 2 |
How Portugal Cove - St. Phillips compares
Median list price against the next biggest markets — click a row for that area guide.
Portugal Cove - St. Phillipsnearby markets
The essentials
Location, air, flood & taxes
Elevation
109 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Flood zone
Outside floodplain
City of St. John's flood mapping · not flagged
Property tax
$3,935 / year
≈ $328 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
0 places shown · 3 routes · 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.
- 24 min to downtown St. John's18.1 km
- 20 min to Memorial University14.6 km
- 19 min to Avalon Mall10.5 km
Nothing mapped within 1.5 km of this address.
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
$328/mo
Principal & interest $0 + property tax $328 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-343
NOI / month
$-343
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $328 | $3,935 |
| Expenses | $16 | $192 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-343 | $-4,116 |
| NOI | $-343 | $-4,116 |
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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