For sale · MLS® 1299588
0 Ridge Road
Gull Island, NL, A0A1M0
List price
$43,000
About this propertyMLS® 1299588
Ocean Views & Capital Potential in Gull Island! ?? Looking for your next rewarding project? This traditional 2-story, 4-bedroom, 1-bathroom home offers sweeping ocean views and incredible potential as a dream coastal retreat or vacation rental. Offered on an ""as-is, where-is"" basis, it is the quintessential handyman special—but with some of the biggest exterior ticket items already completed! Recent Upgrades Include: Brand-new shingles on the main house. Two detached outbuildings fully updated with new siding and new windows (perfect for a workshop, studio, or storage). Bring your tools and vision to finish the interior and maximize the value of this stunning Baccalieu Trail location. Whether you're looking to flip, buy-and-hold, or create a personal oceanside escape, the bones and the views are waiting for you. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Bedroom Bedroom Bedroom Primary Bedroom | 8 X 9 9 X 9 9 X 9 10 X 10 |
| Main level | Bath (# pieces 1-6) Dining room Living room Kitchen | 6 X 9 7 X 10 9 X 10 8 X 10 |
The essentials
Location, air, flood & taxes
Elevation
59 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$500 / year
≈ $42 / month
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 123 min to downtown St. John's145.7 km
- 122 min to Memorial University144.5 km
- 127 min to Avalon Mall151.3 km
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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
$42/mo
Principal & interest $0 + property tax $42 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-53
NOI / month
$-53
Cap rate
-1.48%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $42 | $500 |
| Expenses | $12 | $144 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-53 | $-636 |
| NOI | $-53 | $-636 |
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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