For sale · MLS® 1300273
579 Indian Meal Line
Torbay, NL, A1K1G5
List price
$109,000
About this propertyMLS® 1300273
Approximately half-acre parcel located on Indian Meal Line in the family-friendly community of Torbay. The lot has been cleared, excavated, and partially filled, making it well on its way and nearly ready for development. Ideally situated near Western Island Pond, this property offers easy access to walking, hiking, and ATV trails right from your own backyard—perfect for outdoor enthusiasts and growing families alike. Enjoy the convenience of being just minutes from Stavanger Drive, Torbay town centre and local schools. The property is currently zoned Residential Infill with the Town of Torbay and permits the construction of a single dwelling, along with other discretionary uses. On-site water and sewer will be required. The lot is located to the right of 573 Indian Meal Line, identified as Parcel “B” on the survey provided in the photos. An excellent opportunity to build your dream home in a great location. (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
131 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$572 / year
≈ $48 / month · assessment year 2025
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's16.5 km
- 17 min to Memorial University13.1 km
- 12 min to Avalon Mall8.3 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
$48/mo
Principal & interest $0 + property tax $48 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-47
NOI / month
$-47
Cap rate
-0.52%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $48 | $572 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-47 | $-564 |
| NOI | $-47 | $-564 |
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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