TelephoneEmail5-7 Gosses Lane, Torbay, Newfoundland & Labrador, Canada A1K1J5

For sale · MLS® 1300025

5-7 Gosses Lane

Torbay, NL, A1K1J5

location
3 bd1 ba1,400 sqftBuilt 1926

List price

$150,000

5-7 Gosses Lane Torbay Newfoundland & Labrador Canada A1K1J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
416-873-4676
haris@barki.co
REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1300025

Beautiful lot located in the heart of Torbay,Newfoundland. There is a charming century old home that is being sold As Is Where Is. This property offers exception potential to restore an old home plus still room to build a new home as well. Shingles two years old, 220 Amp service, on town septic and dug well. Handymans special. could be great investment property (id:56688)

Specifications

Property details

MLS®1300025
Listing ID30004157
Address5-7 Gosses Lane, Torbay, Newfoundland & Labrador, Canada A1K1J5
StatusActive
Last updated2 months ago ( Sep 11, 2026 )
Year Built1926
Property TypeSingle Family
Architectural Style2 Level
Structure TypeHouse
Number of stories2
Beds3
Baths1
HeatingElectric
SewerMunicipal sewage system
Living Area Total1,400 square feet
Price per sq ft$108
Tax Annual Amount$1,500
Tax Year2025
AppliancesRefrigerator, Stove
Water SourceDug Well
RoofFiberglass, Unknown
Exterior FeaturesOther
Common InterestFreehold
Number of photos available1
SourceView original listing
Coordinates47.66319, -52.737787

Room by room

Rooms

Second level
Bath (# pieces 1-6)
Bedroom
Bedroom
Bedroom
7.6x6
10.9x12
9x10
8.8x7
Main level
Not known
Laundry room
Family room
Living room
Kitchen
4.7x7.1
6.3x8.5
8.6x12.9
12.5x10.7
10.5x10.8

The essentials

Location, air, flood & taxes

Elevation

76 m above sea level

Air quality now

AQHI 1.82 · Low risk

St. John's station · updated 2:00 a.m.

Property tax

$1,500 / year

≈ $125 / month · assessment year 2025

Climate

Feb -1° · Jul 21°

normal daily high · ST JOHN'S A station · 1991–2020

Nearby & drive routes

6 places shown · 3 routes · OpenStreetMap · OSRM

  • 20 min to downtown St. John's14.8 km
  • 16 min to Memorial University11.4 km
  • 17 min to Avalon Mall12.9 km

Schools 4

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

$125/mo

Rate 5%Term 30 yrDown 20% ($30,000)Tax $125/mo

Principal & interest $0 + property tax $125 per month

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Financing breakdown

First mortgage$120,000
CMHC insurance premium$0
Total financing$120,000
Closing costs (est. 1.5%)$2,250
Cash to close(down payment + closing)$32,250
Total interest over term$-150,000
Property tax/mo$125
Yearly payments+ tax$1,500

Rental math

Investment calculator

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Monthly cash flow

$-188

NOI / month

$-188

Cap rate

-1.50%

Gross yield

0.00%

Line itemMonthlyYearly
Gross rent$0$0
Mortgage$0$0
Property tax$125$1,500
Expenses$63$756
Vacancy$0$0
Management$0$0
Cash flow$-188$-2,256
NOI$-188$-2,256
After-repair value (ARV)$214,286

Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.

Neighbourhood scores
Walk Score for 5-7 Gosses LaneBike Score for 5-7 Gosses LaneTransit Score for 5-7 Gosses Lane
Explore Torbay on Walk Score

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.

Haris Barki, REALTOR®
Keller Williams Platinum Realty

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