About this propertyMLS® 1295205
Located on Marine Drive near Marystown, this expansive property presents a rare opportunity for buyers seeking space, flexibility, and income potential. Offering 6 bedrooms, 3 bathrooms, and nearly 5,300 sq ft, this home is ideally suited for multi-generational living, in-home business use, or future multi-unit conversion (subject to applicable zoning and approvals). Set on over an acre with direct ocean frontage, the property also includes a fully paved driveway and double garage, providing ample space for multiple vehicles. The main level features a bright, open layout enhanced by cathedral ceilings and large windows, creating an airy and spacious feel. The country-style oak kitchen offers extensive cabinetry and workspace, flowing into a generous dining area. A main floor laundry room includes a convenient laundry chute from the upper level. Upstairs, cathedral ceilings continue throughout four well-sized bedrooms, including a primary suite with ensuite and walk-in closet, along with an additional full bathroom. The lower level offers exceptional versatility with multiple ground-level exterior entrances (no stairs), making it ideal for separate living spaces or in-home business use. This level includes a large rec room with custom cabinetry, two additional bedrooms (one with ensuite and walk-in shower), a spacious mudroom, and dedicated storage areas. Two separate exterior-access rooms provide excellent potential for client-facing business use, or rental conversion, with the ability to expand into adjacent interior areas. The basement level further enhances the property with additional rec rooms, bonus space, and utility area, offering flexibility for future development, extended family use, or additional income streams. Opportunities like this are rare - explore the income and in-home business potential by booking your private viewing today! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Utility room Office Recreation room Recreation room | 8.10 x 10.10 15.8 x 10.10 31.7 x 11.4 19.5 x 14.11 |
| Lower level | Not known Office Mud room Ensuite Bedroom Bedroom Recreation room | 13.4 x 11.2 13.3 x 10.8 13.4 x 16.1 5.1 x 10.5 13.4 x 23 17.4 x 8.8 25.4 x 12.8 |
| Second level | Bedroom Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) | 13.10 x 14.8 17.3 x 13 18 x 13 8.11 x 11.6 16.11 x 12.11 11.10 x 10.1 |
| Main level | Laundry room Dining room Kitchen Living room Foyer | 7.4 x 10.2 18.2 x 10.2 23.4 x 11.9 19.6 x 14.11 7.10 x 12.2 |
The neighbourhood
Marystown at a glance
Live market stats for Marystown — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
30
Median list price
$196k
Price range
$40k – $1.1M
Typical build
1980
Average size
2,134 sqft
Where Marystown listings are priced
Every active list price in Marystown, grouped into bands.
List price, thousands of $ · 30 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 16 |
| 200–300 | 9 |
| 300–400 | 2 |
| 400–500 | 1 |
| 500–750 | 1 |
| 1M+ | 1 |
How Marystown compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
8 m above sea level
Air quality now
AQHI 1.43 · Low risk
Burin station · updated 2:00 a.m.
Property tax
$4,178 / year
≈ $348 / month · assessment year 2026
Nearby & drive routes
6 places shown · OpenStreetMap · OSRM
Schools 3
Groceries 1
Cafés 1
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
$349/mo
Principal & interest $0 + property tax $349 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-374
NOI / month
$-374
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $349 | $4,178 |
| Expenses | $26 | $312 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-374 | $-4,488 |
| NOI | $-374 | $-4,488 |
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
Your details go straight to Haris — never shared, never spammed.




















































