About this propertyMLS® 1298595
CONDITIONALLY APPROVED FOR 2 BUILDING LOTS! Whether you're Newfoundland born & bred, or a ""Come From Away"" who's grown to love the salt air, crashing waves & rugged coastline, here is the opportunity you've been waiting for! This prime 0.7 acre meadow lot offers an iconic ocean view in the heart of Torbay! Located within walking distance to Torbay Beach, East Coast Walking Trails and the local bakery. Just a few steps away, pop over to the Post Taphouse for a craft beer, good food and live music! For young & old, the Commons Recreation Complex is also within walking distance offering a variety of programs & classes, plus a playground, basketball court, splash pad and skate park! This is the ideal spot to build your forever home with breathtaking views of the Atlantic Ocean! If you're looking to invest in Newfoundland's vibrant culture & rugged beauty, this would also be a great location for an Air BNB (or possibly two!). 2021 survey on file. This lot is currently on an un-serviced street. However, municipal water & sewer is nearby at Manning's Hill. The Town has approved for 2 semi-serviced building lots with permission to extend and connect to existing town sewer (at Purchaser's cost). Private wells will be required. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
53 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$873 / year
≈ $73 / month · assessment year 2026
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
- 15 min to Memorial University10.8 km
- 16 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
$73/mo
Principal & interest $0 + property tax $73 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-72
NOI / month
$-72
Cap rate
-0.43%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $73 | $873 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-72 | $-864 |
| NOI | $-72 | $-864 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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Talk to Haris
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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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