About this propertyMLS® 1298137
Rare 1.25-acre waterfront opportunity on beautiful Trinity Bay in the scenic community of Heart’s Delight-Islington. Whether you are looking to build your dream waterfront home, seasonal retreat, or commercial venture, this property offers endless potential with breathtaking ocean views and direct access to the Newfoundland lifestyle you’ve been searching for. Zoned commercial as well, the possibilities are extensive for future development, including tourism-based businesses, cabins, a retreat property, café, or RV development. The town had previously approved an RV Park on the property, making this an exciting opportunity for investors and entrepreneurs alike. Municipal water and sewer services, along with electricity, are conveniently available at the road, helping make future development more accessible and cost effective. The property offers the perfect balance of privacy, natural beauty, and accessibility. Located in the heart of scenic Trinity Bay, Heart’s Delight is surrounded by rugged coastline, stunning ocean views, and the charm Newfoundland outport communities are known for. The area is popular for boating, kayaking, whale watching, fishing, and hiking. All permits and approvals are the responsibility of the buyer. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
1 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$365 / year
≈ $30 / month · assessment year 2026
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Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$31/mo
Principal & interest $0 + property tax $31 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-30
NOI / month
$-30
Cap rate
-0.23%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $31 | $365 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-30 | $-360 |
| NOI | $-30 | $-360 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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