3 Sandy Cove Road
Fogo Island, NL, A0G4H0
List price
$49,900
About this propertyMLS® 1297299
Sandy Cove Oceanfront Land | Tilting, Fogo Island | 0.46 Acres Some opportunities are truly once in a lifetime. This stunning 0.46 acre oceanfront lot nestled in Sandy Cove places you at the edge of the wild, magnificent North Atlantic, in the irreplaceable and celebrated heritage community of Tilting, on the shores of Fogo Island. Greet each dawn as golden light spills across the open water, painting the horizon in vivid colour. With direct frontage on the ocean, you're not just near the sea, you're immersed in it. The rhythm of the waves, the crisp coastal breeze, and the vast, ever shifting seascape become the backdrop of your everyday life. The surrounding landscape is nothing short of spectacular. Windswept hiking paths trace dramatic headlands and ancient, wave carved rocks, offering some of the most breathtaking coastal scenery in all of Atlantic Canada. Steps away, the pristine shoreline of Sandy Cove Beach beckons, a tranquil haven for leisurely swims, lazy afternoon sunbathing, and unhurried walks along the water's edge. With nearly half an acre at your disposal, the potential here is boundless. Envision a bold architectural masterpiece perched above the shoreline, a snug and inviting seaside hideaway, or a sustainable sanctuary designed to harmonize with the rugged natural surroundings. Whatever you imagine, this extraordinary parcel has the space and the soul to support it. And while the setting feels gloriously remote, essential amenities, local restaurants, and the cultural surroundings of Tilting remain comfortably within reach. Bold. Breathtaking. Irreplaceable. Your Atlantic sanctuary starts here.
Property details
More details
Overview
The home
Systems & utilities
Taxes
Features
Fees & source
Rooms
Fogo Island at a glance
Live market stats for Fogo Island: what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
17
Median list price
$180k
Price range
$25k – $450k
Typical build
1934
Average size
1,621 sqft
Where Fogo Island listings are priced
Every active list price in Fogo Island, grouped into bands.
List price, thousands of $ · 17 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 10 |
| 200–300 | 5 |
| 300–400 | 1 |
| 400–500 | 1 |
How Fogo Island compares
Median list price against the next biggest markets. Click a row for that area guide.
Neighbourhood scores
Walk, bike, and transit scores for this exact address.
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Location, air, flood & taxes
Elevation
0 m
0300 mmetres above sea level
Flood, zoning & air quality are mapped for St. John's only
Property tax
$200 / year
≈ $17 / month
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nothing mapped within 1.5 km of this address yet. Dots appear here once OpenStreetMap coverage reaches it (coverage is thin outside the Avalon).
Nearby & drive routes
0 places shown · OpenStreetMap · OSRM
No amenities mapped within 1.5 km of this address yet. OpenStreetMap coverage is thin outside the Avalon, so nearby shops and schools may not appear here.
Nothing mapped within 1.5 km of this address.
What this home really costs
Winter heat, five years of ownership, how this price sits against the market, and what the map says is within walking distance: every figure captioned with its assumptions.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $30,208
Closing costs + five years of running costs + 60 mortgage payments on a $49,900 home.
If rates rise 2 points
$2,905 more over five years if the rate is 6.84% instead of 4.84% (P&I only).
Once, at closing
- Land transfer (registration) fee$100 + $0.40 per $100 over $500, capped at $5,000$298
- Legal feesest.estimate, your lawyer quotes the exact figure$1,500
- Down payment (20%)$9,980
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,626
- Property taxfrom the feed$200
- Home insuranceest.estimate, NL range $700–$1,500/yr$1,100
× 5 years = $14,630
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $273 | $32,791 | needs mortgage insurance (not modelled) |
| 10% | $258 | $31,930 | needs mortgage insurance (not modelled) |
| 20% | $230 | $30,208 | no mortgage insurance |
Estimates, not a quote or an appraisal. Mortgage at 4.84% (lowest bank 5-yr fixed, Ratehub.ca, 2026-11-12), 25-year amortization, P&I only. Land transfer fee: Registry of Deeds schedule ($100 + $0.40/$100 over $500, cap $5,000). Legal $1,500 and insurance $1,100/yr (NL range $700–$1,500) are estimates. Heating is 2× the Jan–Mar winter estimate. 5-year all-in = closing costs + 5 years of running costs + 60 mortgage payments; it excludes CMHC insurance (needed below 20% down), utilities other than heat, and maintenance.
More cost & context panels
Rate time machine
same house · same down payment
Same house, same down payment: your payment today at 4.84%lowest bank rate · posted was 6.19%
- Today, lowest bank rate2026-11-12 · 4.84%$230/mo
- Today, posted2026-11-04 · 6.19%$262/mo
- 5 years ago2021-11-03 · 4.79%$229/mo
- 10 years ago2016-11-02 · 4.64%$225/mo
At 6.19%, five years ago, the same mortgage would have cost $32 more each month than at today's posted rate.
Principal & interest only: $39,920 (80% of the $49,900 asking price, 20% down), 25-year amortization. No taxes, insurance, fees, or mortgage insurance. Today's rate is the Bank of Canada conventional 5-year rate observed 2026-11-04. The 5- and 10-year rows are two documented observations of that same series (2021-11-03 = 4.79%, 2016-11-02 = 4.64%, retrieved 2026-11-01 from bankofcanada.ca/valet), fixed reference points, not a modelled path between them. Estimate, not an offer of credit; your lender's rate will differ.
Monthly carrying cost
$227/mo
Calculators
Estimate payments and returns before you make an offer, all in one place.
Mortgage & investment calculator
Estimated monthly payment
$17/mo
Principal & interest $0 + property tax $17 per month
Financing breakdown
Investment calculator
Monthly cash flow
$-16
NOI / month
$-16
Cap rate
-0.38%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $17 | $200 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-16 | $-192 |
| NOI | $-16 | $-192 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Have a question?
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Talk to Haris
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty