For sale · MLS® 1294551
29 Loring Drive
Happy Valley-Goose Bay, NL, A0P1C0
List price
$849,900
About this propertyMLS® 1294551
An exceptional opportunity to own a highly successful, well-established bar in a prime, highly-visible location. This thriving business, along with the building and land, is offered for sale - making it a rare and valuable investment opportunity. Situated on a large lot, with ample space for expansion, and strong street presence, this property benefits from excellent exposure and steady, loyal clientele. The bar has been meticulously maintained and had both the men's and women's washrooms fully renovated that enhance the overall customer experience. The spacious interior features: a dedicated pool table room, a fully equipped kitchen serving popular pub-style favourites, a lively karaoke setup that draws consistent crowds, a profitable shooter bar area, and slot machines providing additional revenue streams. This turnkey operation is fully equipped and ready for seamless transition to new ownership. Financials available to qualified buyers. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Happy Valley-Goose Bay at a glance
Live market stats for Happy Valley-Goose Bay — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
20
Median list price
$328k
Price range
$30k – $5.3M
Typical build
1988
Average size
3,245 sqft
Where Happy Valley-Goose Bay listings are priced
Every active list price in Happy Valley-Goose Bay, grouped into bands.
List price, thousands of $ · 20 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 5 |
| 200–300 | 3 |
| 300–400 | 5 |
| 500–750 | 2 |
| 750–1M | 2 |
| 1M+ | 3 |
How Happy Valley-Goose Bay compares
Median list price against the next biggest markets — click a row for that area guide.
Happy Valley-Goose Baynearby markets
The essentials
Location, air, flood & taxes
Elevation
32 m above sea level
Property tax
$3,915 / year
≈ $326 / month · assessment year 2026
Climate
Jan -13° · Jul 21°
normal daily high · GOOSE BAY A station · 1991–2020
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Schools 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
$327/mo
Principal & interest $0 + property tax $327 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-1,062
NOI / month
$-1,062
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $327 | $3,915 |
| Expenses | $736 | $8,832 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-1,062 | $-12,744 |
| NOI | $-1,062 | $-12,744 |
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
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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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