For sale · MLS® 1297886
48A JUNIPER Avenue
Cormack, NL, A8A2M7
List price
$50,000
About this propertyMLS® 1297886
This Lot 48a is approximately 1. Acre lot is situated in Cormack on Juniper Ave. Quiet area, ready for you to build a home. You can access this property from Cherrywood Ave as well as the road allowance off Juniper. Just 20 min drive from Deer Lake, This lot offers you the opportunity to build your home in a private setting yet still close to amenities. ATTACHED TO LOT 48B AND A LOT ADJACENT 50A JUNIPER SEE ATTACHED SURVEY (id:56688)
Specifications
Property details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Room by room
Rooms
The neighbourhood
Cormack at a glance
Live market stats for Cormack — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
5
Median list price
$55k
Price range
$50k – $1.7M
Typical build
1992
Average size
1,826 sqft
Where Cormack listings are priced
Every active list price in Cormack, grouped into bands.
List price, thousands of $ · 5 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 3 |
| 200–300 | 1 |
| 1M+ | 1 |
How Cormack compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
116 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 1 · Low risk · Corner Brook · updated 1:00 a.m.
Flood & zoning are mapped for St. John's only
Property tax
$450 / year
≈ $38 / month
Climate
Jan -4° · Jul 21°
normal daily high · CORMACK station · 1981–2010
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).
Cost & context
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: $32,036
Closing costs + five years of running costs + 60 mortgage payments on a $50,000 home.
If rates rise 2 points
$2,857 more over five years if the rate is 6.44% instead of 4.44% — 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%)$10,000
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,846
- Property taxfrom the feed$450
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $16,980
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $262 | $34,522 | needs mortgage insurance (not modelled) |
| 10% | $249 | $33,694 | needs mortgage insurance (not modelled) |
| 20% | $221 | $32,036 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-03), 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.
Rate time machine
same house · same down payment
Same house, same down payment — your payment today at 4.44%best market rate · posted was 6.19%
- Today, best market rate2026-11-03 · 4.44%$221/mo
- Today, posted2026-10-28 · 6.19%$262/mo
- 5 years ago2021-11-03 · 4.79%$229/mo
- 10 years ago2016-11-02 · 4.64%$226/mo
At 6.19% — five years ago — the same mortgage would have cost $41 more each month than at today's posted rate.
Principal & interest only: $40,000 (80% of the $50,000 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 2026-10-28. 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
$239/mo
Plan ahead
Calculators
Estimate payments and returns before you make an offer — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$38/mo
Principal & interest $0 + property tax $38 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-37
NOI / month
$-37
Cap rate
-0.89%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $38 | $450 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-37 | $-444 |
| NOI | $-37 | $-444 |
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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