About this propertyMLS® 1300902
Discover the potential at **181 Main Street North**! Situated on an impressive **3.7-acre parcel of prime land**, this 3-bedroom bungalow offers an incredible opportunity for investors, developers, or anyone looking to create their dream property. While the home is in need of some TLC, the true value lies in the land. The level, mostly treed acreage provides endless possibilities—subdivide into building lots (subject to municipal approval), enjoy the privacy of a spacious estate, or build the custom home you've always envisioned. Adding even more appeal, this unique package includes an additional parcel of land directly across the road with **access to the bay**—an ideal location to build a private boathouse, wharf, or launch your next waterfront adventure. Whether you're searching for a renovation project, an investment opportunity, or a spectacular setting for your forever home, this rare property offers unlimited potential in a beautiful location. Opportunities like this don't come along often! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bedroom Bedroom Bedroom Laundry room Bath (# pieces 1-6) Living room Kitchen | 8x11 9x11 9x11 6x6 8x11 15x14 14x11 |
The neighbourhood
Glovertown at a glance
Live market stats for Glovertown — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
31
Median list price
$145k
Price range
$21k – $599k
Typical build
1981
Average size
1,890 sqft
Where Glovertown listings are priced
Every active list price in Glovertown, grouped into bands.
List price, thousands of $ · 31 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 19 |
| 200–300 | 7 |
| 300–400 | 3 |
| 400–500 | 1 |
| 500–750 | 1 |
How Glovertown compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
4 m above sea level
Property tax
$840 / year
≈ $70 / month
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Groceries 3
Cafés 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
$70/mo
Principal & interest $0 + property tax $70 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-257
NOI / month
$-257
Cap rate
-1.51%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $70 | $840 |
| Expenses | $187 | $2,244 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-257 | $-3,084 |
| NOI | $-257 | $-3,084 |
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
Your details go straight to Haris — never shared, never spammed.






