For sale · MLS® 1299288
2 Wild Cove Road
Twillingate, NL, A0G4M0
List price
$150,000
About this propertyMLS® 1299288
Opportunities like this are becoming increasingly rare. Located in the highly sought-after Wild Cove area of Twillingate Island, this exceptional oceanfront property offers the perfect setting to build your dream home, seasonal cottage, or investment rental in one of Newfoundland's most breathtaking coastal locations. With municipal water and sewer available at the road, the groundwork is already in place for your vision to become reality. Surrounded by sandy beaches, dramatic cliffs, and the rugged natural beauty that has made Wild Cove famous, this property places you at the heart of some of the island's most spectacular scenery. Imagine waking each morning to the sunrise sparkling across the Atlantic Ocean while whales breach offshore and icebergs drift past your doorstep. Spend your days exploring the coastline, relaxing on nearby beaches, or taking advantage of your private wharf for boating, kayaking, and fishing adventures. During capelin season, simply walk to the shoreline and experience one of Newfoundland's most iconic natural events right outside your door. Whether you're an avid boater, nature enthusiast, investor, or someone searching for a peaceful waterfront retreat, this property offers an unparalleled connection to the ocean and the lifestyle that comes with it. Build where the land meets the sea and experience the very best of Twillingate Island's coastal living. This is more than a building lot—it's a chance to create a waterfront legacy in one of Newfoundland's most desirable destinations. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
8 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$250 / year
≈ $21 / month
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
$21/mo
Principal & interest $0 + property tax $21 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-20
NOI / month
$-20
Cap rate
-0.16%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $21 | $250 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-20 | $-240 |
| NOI | $-20 | $-240 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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