About this propertyMLS® 1299213
**Headline: 3-Bedroom Bungalow with Ocean Views – Instant Equity Potential in St. Lawrence!** Located in the historic and scenic community of St. Lawrence, NL, this 3-bedroom, 1-bathroom bungalow is a fantastic opportunity for the savvy buyer, first-time homeowner, or investor. Offering a solid foundation and a functional single-level layout, this home is perfectly positioned to capture the beauty of the coast. The main floor features three well-proportioned bedrooms and a bright living area where you can relax and take in the beautiful water views. The home provides a comfortable living space now, while offering plenty of room for cosmetic updates to suit your personal style. The standout feature of this property is the full, unfinished basement. Spanning the entire footprint of the main floor, this cavernous space is a ""blank canvas"" ready to be transformed. Whether you envision a massive family rec room, a home workshop, or additional guest bedrooms, this area provides the perfect opportunity to increase your square footage and property value instantly. Experience the peace and quiet of coastal Newfoundland living with a home that works as hard for you as you do for it. With its unbeatable price point and significant upside potential, this St. Lawrence gem won’t last long. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bedroom Bedroom Bedroom Bath (# pieces 1-6) Living room Eat in kitchen | 6.11x7.11 11.7x10.5 9x8.10 6.9x4.11 12.5x15.3 15.3x10.5 |
The essentials
Location, air, flood & taxes
Elevation
31 m above sea level
Air quality now
AQHI 1.43 · Low risk
Burin station · updated 2:00 a.m.
Property tax
$595 / year
≈ $50 / month
Nearby & drive routes
3 places shown · OpenStreetMap · OSRM
Schools 1
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
$50/mo
Principal & interest $0 + property tax $50 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-131
NOI / month
$-131
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $50 | $595 |
| Expenses | $82 | $984 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-131 | $-1,572 |
| NOI | $-131 | $-1,572 |
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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