TelephoneEmail600-612 Marine Drive, Outer Cove, Newfoundland & Labrador, Canada A1K4C1

For sale · MLS® 1295189

600-612 Marine Drive

Outer Cove, NL, A1K4C1

location

List price

$650,000

600-612 Marine Drive Outer Cove Newfoundland & Labrador Canada A1K4C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
600-612 Marine Drive Outer Cove Newfoundland & Labrador Canada A1K4C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
600-612 Marine Drive Outer Cove Newfoundland & Labrador Canada A1K4C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
600-612 Marine Drive Outer Cove Newfoundland & Labrador Canada A1K4C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
600-612 Marine Drive Outer Cove Newfoundland & Labrador Canada A1K4C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
600-612 Marine Drive Outer Cove Newfoundland & Labrador Canada A1K4C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1295189

Rare luxury home development opportunity in prestigious Outer Cove. This exceptional offering comprises 10.534 acres across three contiguous parcels, featuring approximately 310 feet of direct frontage along Marine Drive. The property boasts solid, elevated terrain ideally suited for residential construction, offering natural protection from Atlantic exposure. Its size and topography present an outstanding opportunity for the development of one or two executive-style residences, or as a strategic land-hold investment within an established and highly desirable coastal community. Heavily treed and exceptionally private, the land delivers a true estate-style setting, providing rare seclusion and tranquility with no overlooking properties. From this elevated vantage point, enjoy sweeping views over the beautiful landscape of Outer Cove and the Atlantic Ocean, enhancing both lifestyle appeal and long-term value in one of the most sought-after neighbourhoods. Imagine sipping your morning beverage while listening to the rhythmic sound of beach rocks rolling with the waves—Outer Cove Beach is just a few minutes’ walk from your future estate. This pristine, undisturbed land awaits your vision to bring your dream home to life. Zoned RR (Rural Residential) Permits are the responsibility of the Purchaser. Updated survey to be provided by the Vendor. HST if applicable, to be paid by the Purchaser. (id:56688)

Specifications

Property details

MLS®1295189
Listing ID29463868
Address600-612 Marine Drive, Outer Cove, Newfoundland & Labrador, Canada A1K4C1
StatusActive
Last updated2 months ago ( Sep 8, 2026 )
Property TypeVacant Land
ViewOcean view, View
SewerNo sewage system
Tax Annual Amount$1,884
Water SourceNone
Common InterestFreehold
Number of photos available6

Room by room

Rooms

The essentials

Location, air, flood & taxes

Elevation

61 m above sea level

Air quality now

AQHI 1.82 · Low risk

St. John's station · updated 2:00 a.m.

Property tax

$1,884 / year

≈ $157 / month

Climate

Feb -1° · Jul 21°

normal daily high · ST JOHN'S A station · 1991–2020

Nearby & drive routes

2 places shown · 3 routes · OpenStreetMap · OSRM

  • 18 min to downtown St. John's10.7 km
  • 15 min to Memorial University11.5 km
  • 16 min to Avalon Mall13.1 km

Schools 2

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

$157/mo

Rate 5%Term 30 yrDown 20% ($130,000)Tax $157/mo

Principal & interest $0 + property tax $157 per month

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Financing breakdown

First mortgage$520,000
CMHC insurance premium$0
Total financing$520,000
Closing costs (est. 1.5%)$9,750
Cash to close(down payment + closing)$139,750
Total interest over term$-650,000
Property tax/mo$157
Yearly payments+ tax$1,884

Rental math

Investment calculator

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Monthly cash flow

$-157

NOI / month

$-157

Cap rate

-0.29%

Gross yield

0.00%

Line itemMonthlyYearly
Gross rent$0$0
Mortgage$0$0
Property tax$157$1,884
Expenses$0$0
Vacancy$0$0
Management$0$0
Cash flow$-157$-1,884
NOI$-157$-1,884
After-repair value (ARV)$928,572

Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.

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Haris Barki, REALTOR®
Keller Williams Platinum Realty

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