For sale · MLS® 1300628
37 Main Road
Riverhead, NL, A0A3R0
List price
$182,500
About this propertyMLS® 1300628
Welcome to 37 Main Road, Riverhead — a beautiful bungalow offering peaceful waterfront living with modern upgrades and incredible value at $189,900. Perched on over half an acre with a beautifully landscaped front yard, this 3-bedroom, 1-bathroom home delivers 1,500 sq ft of comfortable main-floor living space with expansive views of the bay. Step inside to a bright, functional layout perfect for first-time buyers, downsizers, or anyone seeking a relaxed coastal lifestyle. The heart of the home opens to stunning views of the waters of Riverhead Arm, creating a serene backdrop for everyday living. Whether you’re enjoying morning coffee or watching the sunset over the water, the waterfront vista is a feature you’ll appreciate every single day. Recent upgrades make this home move-in ready and worry-free, including a whole-home heat pump (with 10 year warranty) installed in 2025 for efficient, year-round comfort, an electrical service upgraded to 200 amps in 2025, a new hot water tank in 2024, new roof shingles just 6 years ago, a new weeping tile system 9 years ago, and a cozy pellet stove for supplemental heat and ambiance. Located just 1 hour and 15 minutes from St. John’s, this property offers the perfect balance of quiet, scenic living and reasonable access to urban amenities. The spacious lot provides plenty of room for outdoor activities, gardening, or future expansion, while the beautiful front yard adds incredible curb appeal and a welcoming feel. Don’t miss this rare opportunity to own a waterfront-view home with significant recent upgrades at an affordable price! Schedule your private showing today! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Storage Laundry room | 17.05 x 18.02 8 x 14.06 |
| Main level | Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) Living room Dining room Kitchen | 12.05 x 9.10 12.01 x 7.09 13.06 x 12.02 4PC 13.10 x 19.06 10.04 x 13.09 15 x 14 |
The neighbourhood
Riverhead at a glance
Live market stats for Riverhead — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
3
Median list price
$183k
Price range
$30k – $600k
Typical build
1975
Average size
4,038 sqft
Where Riverhead listings are priced
Every active list price in Riverhead, grouped into bands.
List price, thousands of $ · 3 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 2 |
| 500–750 | 1 |
How Riverhead compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
3 m above sea level
Air quality now
AQHI 1.8 · Low risk
St. John's station · updated 1:00 a.m.
Property tax
$340 / year
≈ $28 / month · assessment year 2026
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
$29/mo
Principal & interest $0 + property tax $29 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-228
NOI / month
$-228
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $29 | $340 |
| Expenses | $200 | $2,400 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-228 | $-2,736 |
| NOI | $-228 | $-2,736 |
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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