For sale · MLS® 1299688
Lot 1 Cherrywood Drive
Torbay, NL, A1K0B5
List price
$125,000
About this propertyMLS® 1299688
This beautiful lot is located on a quiet side street within an executive subdivision in Torbay! The property is gently sloped and treed, offering an excellent opportunity for a home design with a walk-out basement and desirable southern exposure. Backing onto undeveloped land, it provides added privacy and a natural backdrop. Well-suited for a wide range of home styles and sizes, this lot combines the best of both worlds—peaceful, country-like surroundings with the convenience of city living. Ideally situated just 7 minutes from Stavanger Drive and major amenities, it offers both privacy and accessibility in a highly sought-after location. *Any applicable HST shall be the sole responsibility of the purchaser. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Torbay at a glance
Live market stats for Torbay — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
65
Median list price
$310k
Price range
$15k – $2.9M
Typical build
1995
Average size
2,892 sqft
Where Torbay listings are priced
Every active list price in Torbay, grouped into bands.
List price, thousands of $ · 64 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 19 |
| 200–300 | 13 |
| 300–400 | 3 |
| 400–500 | 5 |
| 500–750 | 15 |
| 750–1M | 4 |
| 1M+ | 5 |
How Torbay compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
117 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$770 / year
≈ $64 / month · assessment year 2026
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
1 place shown · 3 routes · OpenStreetMap · OSRM
- 21 min to downtown St. John's15.8 km
- 16 min to Memorial University12.4 km
- 14 min to Avalon Mall9.2 km
Parks 1
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
$65/mo
Principal & interest $0 + property tax $65 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-64
NOI / month
$-64
Cap rate
-0.61%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $65 | $770 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-64 | $-768 |
| NOI | $-64 | $-768 |
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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