About this propertyMLS® 1298414
Build your dream home in the heart of Torbay! This prime 1/3 acre building lot has already received preliminary approval from the Town of Torbay as a building lot, making it an excellent opportunity for those looking to start their next project. Ideally located in one of Torbay’s most desirable areas, the property offers beautiful ocean views and is just minutes from the renowned East Coast Trail, providing endless opportunities for hiking, walking, and enjoying Newfoundland’s stunning coastline. With convenient access to local amenities, schools, and recreational facilities, this lot combines the tranquility of coastal living with the convenience of town life. Don’t miss your chance to secure a piece of Torbay’s scenic landscape. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
39 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$400 / year
≈ $33 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
6 places shown · 3 routes · OpenStreetMap · OSRM
- 20 min to downtown St. John's14.3 km
- 16 min to Memorial University10.9 km
- 17 min to Avalon Mall12.4 km
Schools 4
Groceries 2
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
$34/mo
Principal & interest $0 + property tax $34 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-33
NOI / month
$-33
Cap rate
-0.44%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $34 | $400 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-33 | $-396 |
| NOI | $-33 | $-396 |
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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