For sale · MLS® 1297564
7B Red Cove Road
Bonavista, NL, A0C1B0
List price
$89,000
About this propertyMLS® 1297564
This cozy 2 bedroom bungalow would make a great addition to an investors portfolio. This home is currently rented and the tenant wants to stay. All on one level this home is ideal for anyone with any mobility issues. Could be a great starter home or a great spot to downsize. The property next door civic 7A is also for sale and would make a great package purchase!! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Kitchen | 4' x 9 5 x 9 9'2"" x 10' 10' x 12'9"" 11' x 18'5"" 11' x 12'5"" |
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
$689 / year
≈ $57 / month · assessment year 2025
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Groceries 4
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
$58/mo
Principal & interest $0 + property tax $58 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-111
NOI / month
$-111
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $58 | $689 |
| Expenses | $54 | $648 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-111 | $-1,332 |
| NOI | $-111 | $-1,332 |
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.