About this propertyMLS® 1298608
Welcome to 76 Orcan Drive, a well-located 2-bedroom bungalow offering exceptional value and endless possibilities in the heart of Placentia. Whether you're a first-time homebuyer, looking to downsize, or seeking an investment opportunity, this property is full of potential. Ideally situated just minutes from the waterfront, boardwalk, schools, shopping, and the link to the popular Hike Placentia trail, this home combines convenience with an attractive lifestyle setting. Enjoy beautiful water views and easy access to some of the area's most desirable amenities, making it an excellent choice for year-round living or a potential Airbnb rental. Inside, the main floor features a living room with hardwood flooring, a spacious kitchen and dining area, two generously sized bedrooms, a full bathroom, and a convenient rear porch/laundry area. The full basement includes approximately 400 square feet of unfinished space, offering the perfect opportunity for a workshop, hobby area, storage, or future development. A standout feature of this property is the included extra building lot—a rare find in Placentia. Whether you envision a detached garage, expanded parking, a play area, garden space, or even future development, the possibilities are truly endless. A rare opportunity to own a versatile property with additional land in one of Placentia's most convenient locations. Don't miss your chance to explore everything 76 Orcan Drive has to offer. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Porch Bedroom Bedroom Bath (# pieces 1-6) Living room Dining room Kitchen Porch | 8.2 x 3.7 12.5 x 8 10.8 x 13 8 x 5 19 x 11.8 9.2 x 11.1 11.1 x 9.6 8 x 6.6 |
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$998 / year
≈ $83 / month
Nearby & drive routes
12 places shown · OpenStreetMap · OSRM
Schools 1
Groceries 2
Parks 9
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
$84/mo
Principal & interest $0 + property tax $84 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-173
NOI / month
$-173
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $84 | $998 |
| Expenses | $90 | $1,080 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-173 | $-2,076 |
| NOI | $-173 | $-2,076 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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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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