About this propertyMLS® 1295032
Discover an exceptional opportunity in the historic town of Bonavista, a cherished tourist destination. Known for its breathtaking panoramic views and dramatic rugged coastline, Bonavista has even captured the attention of filmmakers. Most recently, scenes from Disney’s live action Peter Pan & Wendy were filmed right here, showcasing the area’s undeniable beauty. Ideally situated on Station Road, this property features two impressive buildings: a fully renovated restaurant and a spacious warehouse originally designed as a distillery. The restaurant underwent a complete remodel in 2021, while the warehouse was newly constructed the same year. The craftsmanship and care invested in these buildings are immediately evident, offering a truly turnkey opportunity for the right buyer. The restaurant is equipped with mini-splits throughout, providing efficient heating and cooling for year-round comfort. This addition, along with the durable metal roof, highlights the owner’s commitment to quality, longevity, and thoughtful investment in the property. Inside, the restaurant boasts a modern and welcoming interior with high ceilings and warm, tasteful decor. It includes a commercial kitchen, a dedicated bar area, washrooms, office space, and abundant storage. A generous 16' x 40' rear deck provides additional seating or event potential. The warehouse, with its impressive 25-foot ceilings and 12-foot garage door, offers exceptional versatility. Whether used for manufacturing, brewing/distilling, storage, or a creative new venture, the possibilities are endless for an entrepreneur with vision. This is an outstanding opportunity for an innovative investor looking to bring a unique business idea to life. HST is the responsibility of the purchaser. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Bonavista at a glance
Live market stats for Bonavista — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
29
Median list price
$239k
Price range
$16k – $599k
Typical build
1976
Average size
1,651 sqft
Where Bonavista listings are priced
Every active list price in Bonavista, grouped into bands.
List price, thousands of $ · 29 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 14 |
| 200–300 | 6 |
| 300–400 | 5 |
| 400–500 | 1 |
| 500–750 | 3 |
How Bonavista compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
5 m above sea level
Property tax
$5,000 / year
≈ $417 / month
Nearby & drive routes
18 places shown · OpenStreetMap · OSRM
Schools 4
Health 1
Groceries 7
Cafés 5
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
$417/mo
Principal & interest $0 + property tax $417 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-709
NOI / month
$-709
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $417 | $5,000 |
| Expenses | $293 | $3,516 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-709 | $-8,508 |
| NOI | $-709 | $-8,508 |
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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