About this propertyMLS® 1296020
Set on a scenic hillside overlooking the deep blue waters of the harbour in Petty?Harbour–Maddox?Cove, this beautifully renovated 2-bedroom, 1-bath coastal retreat is ready to delight. With the home fully re-built to the studs in 2022, it features modern comfort and timeless charm. Step into the open living area where expansive windows frame the sweeping ocean view and invite in natural light and sea air. From here, wooden-ceilings and panelling create a cozy yet crisp aesthetic, while the generous deck just outside offers a perfect place for morning coffee or sunset cocktails. The well-appointed kitchen blends style and efficiency with butcher-block counters, modern cabinetry and bar seating, ideal whether you’re whipping up a fresh seafood dinner for two or hosting friends. Both bedrooms echo the home’s warm wood tones and carry that same attention to detail, making this home move-in ready. Outside, you’ll find stairs and pathways leading down toward the harbour, offering that unique seaside lifestyle, and for buyers seeking income potential, the property is well-suited for short-term rental guests looking for a peaceful Newfoundland escape just minutes from St.John’s. Truly, this home presents a unique opportunity: blend of full update, lovely ocean view, manageable scale (2 beds/1 bath) and strong market area. Welcome to your piece of oceanfront charm in one of Newfoundland’s most photographed fishing villages. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Primary Bedroom Bedroom Bath (# pieces 1-6) Kitchen Living room Dining room | 11.8 x 12.4 9.7 x 10 12.1 x 6.4 11.4 x 9.3 15.5 x 12.8 11.2 x 9.2 |
The neighbourhood
Petty Harbour - Maddox Cove at a glance
Live market stats for Petty Harbour - Maddox Cove — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
5
Median list price
$120k
Price range
$30k – $859k
Typical build
1996
Average size
2,000 sqft
Where Petty Harbour - Maddox Cove listings are priced
Every active list price in Petty Harbour - Maddox Cove, grouped into bands.
List price, thousands of $ · 5 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 3 |
| 300–400 | 1 |
| 750–1M | 1 |
How Petty Harbour - Maddox Cove compares
Median list price against the next biggest markets — click a row for that area guide.
Petty Harbour - Maddox Covenearby markets
The essentials
Location, air, flood & taxes
Elevation
13 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Flood zone
Outside floodplain
City of St. John's flood mapping · not flagged
Property tax
$1,300 / year
≈ $108 / month
Nearby & drive routes
2 places shown · 3 routes · OpenStreetMap · OSRM
- 20 min to downtown St. John's14.6 km
- 27 min to Memorial University18.2 km
- 33 min to Avalon Mall24.8 km
Groceries 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
$109/mo
Principal & interest $0 + property tax $109 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-399
NOI / month
$-399
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $109 | $1,300 |
| Expenses | $291 | $3,492 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-399 | $-4,788 |
| NOI | $-399 | $-4,788 |
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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