For sale · MLS® 1298880
2 Moreys Lane
Torbay, NL, A1K1A4
List price
$250,000
About this propertyMLS® 1298880
detached single-family home situated on a spacious corner lot measuring approximately 85ft x 158ft. This 2 bedroom home offers comfortable living with plenty of outdoor space, making it an excellent choice for first time buyers, downsizers or investors. The generous corner lot provides endless possibilities for gardening, future expansion, addition of a garage or redevelop land and build new (subject to towns approval) (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bedroom Bedroom Bath (# pieces 1-6) Living room Kitchen Laundry room | 10x12 10x12 8x7 10x12 14x12 7x8 |
The essentials
Location, air, flood & taxes
Elevation
83 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,287 / year
≈ $107 / month · assessment year 2026
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
5 places shown · 3 routes · OpenStreetMap · OSRM
- 16 min to downtown St. John's12.2 km
- 12 min to Memorial University8.8 km
- 13 min to Avalon Mall10.3 km
Schools 4
Groceries 1
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
$108/mo
Principal & interest $0 + property tax $108 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-312
NOI / month
$-312
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $108 | $1,287 |
| Expenses | $205 | $2,460 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-312 | $-3,744 |
| NOI | $-312 | $-3,744 |
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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