About this propertyMLS® 1294105
CHARMING 16 Room Motel for sale! You'll find The ROUND DA BAY INN nestled on the Bonavista Peninsula right in the middle of one of Newfoundland & Labrador's top tourist destinations. It places out of this world experiences at the fingertips of its guests - with short drives to historic Trinity & Bonavista, Port Rexton Brewery, famous hiking trails, sea glass beaches, whale watching tours and all the sites that comprise the amazing UNESCO Discovery Geopark. The ROUND DA BAY INN is a very well-established vacation destination with 16 theme rooms and a stellar reputation on several vacation review platforms. All units are well appointed, boasting exterior/interior access, with 8 small kitchenettes containing a fridge, sink, toaster, kettle, coffee maker & dishes plus 1 unit is 100% wheelchair accessible. In addition, there's a 2 bedroom/1 bathroom suite (or owners’ quarters) on the second floor with a sunroom & large deck. Back to the main floor where you'll find more major features like the inviting lobby, gift shop, public bathrooms and there's also a full commercial kitchen with a spacious dining room. Outside you'll find the property spans 4.5+ acres with an abundance of parking, and a 2,100 square foot garage (plus 900 square foot loft). This property has been immaculately maintained and as soon as you walk through the doors it shows the pride that the current owners have invested in the business. If you ever wanted to enter the hospitality business or you're an investor that wants to expand their portfolio then here's a sound opportunity just waiting for that perfect buyer! (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
PLATE COVE WEST at a glance
Live market stats for PLATE COVE WEST — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
2
Median list price
$949k
Price range
$299k – $1.6M
Typical build
2000
Average size
5,412 sqft
Where PLATE COVE WEST listings are priced
Every active list price in PLATE COVE WEST, grouped into bands.
List price, thousands of $ · 2 homes
View as table
| Price band ($) | Listings |
|---|---|
| 200–300 | 1 |
| 1M+ | 1 |
How PLATE COVE WEST compares
Median list price against the next biggest markets — click a row for that area guide.
PLATE COVE WESTnearby markets
The essentials
Location, air, flood & taxes
Elevation
102 m above sea level
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Groceries 1
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
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Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-2,000
NOI / month
$-2,000
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $2,000 | $24,000 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-2,000 | $-24,000 |
| NOI | $-2,000 | $-24,000 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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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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