For sale · MLS® 1297824
563-565 Marine Drive
Logy Bay, NL, A1K3E5
List price
$145,000
About this propertyMLS® 1297824
Nestled in the highly sought-after community of Logy Bay-Middle Cove-Outer Cove, this stunning 2.42-acre parcel of land offers a rare and extraordinary opportunity to build your ultimate dream home. Positioned perfectly to blend the peace of a rural retreat with the convenience of modern living, this property allows you to escape the daily hustle and bustle of the city while remaining just minutes away from essential amenities, shopping, and schools. For outdoor enthusiasts and nature lovers, the location is truly unbeatable, sitting just a stone's throw away from the world-renowned East Coast Trail system, where breathtaking coastal views and rugged hiking paths. Whether you envision a sprawling executive estate, a modern architectural masterpiece, or a private family oasis surrounded by mature greenery, this expansive acreage provides the space and freedom to make it a reality. Access is via a shared driveway with a formal right-of-way agreement already established and in place. This property represents a unique chance to secure a tranquil piece of paradise. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Logy Bay at a glance
Live market stats for Logy Bay — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
5
Median list price
$657k
Price range
$145k – $675k
Typical build
2009
Average size
3,115 sqft
Where Logy Bay listings are priced
Every active list price in Logy Bay, grouped into bands.
List price, thousands of $ · 4 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 1 |
| 500–750 | 3 |
How Logy Bay compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
80 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$864 / year
≈ $72 / month · assessment year 2026
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
2 places shown · 3 routes · OpenStreetMap · OSRM
- 17 min to downtown St. John's10.4 km
- 15 min to Memorial University11.2 km
- 16 min to Avalon Mall12.7 km
Schools 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
$72/mo
Principal & interest $0 + property tax $72 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-72
NOI / month
$-72
Cap rate
-0.60%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $72 | $864 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-72 | $-864 |
| NOI | $-72 | $-864 |
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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