For sale · MLS® 1301218
109 Water Street Unit#A
Carbonear, NL, A1Y1A4
List price
$299,900
About this propertyMLS® 1301218
Welcome to 109A Water Street, Carbonear—a fantastic opportunity to own a versatile property in one of Newfoundland’s most historic and vibrant coastal communities. Perched on a landscaped lot, this home boasts panoramic views of Carbonear Harbour, offering a picturesque backdrop you can enjoy every day from the spacious rear deck. Carbonear, with roots dating back to the early 1600s, is one of the oldest settlements in North America. Known for its rich fishing heritage and strong sense of community, the town today blends historic charm with modern convenience—offering schools, shopping, healthcare, and recreation all within easy reach. This well-maintained property features both a main floor and basement unit, each currently rented—making it an excellent investment opportunity or an ideal option for those looking to offset their mortgage. Recent upgrades, including new shingles in 2026, add peace of mind, while the paved driveway and detached garage provide practical convenience. The main floor offers a bright and welcoming layout, highlighted by a beautiful kitchen with included appliances, a cozy dining nook, and a spacious living room filled with natural light and stunning ocean views. Two generously sized bedrooms, along with a main bathroom complete with a corner shower and relaxing soaker tub, provide comfort and functionality. A dedicated laundry room with washer and dryer adds to the home’s convenience. The fully developed basement unit features an open concept design with a large living area, kitchen with appliances included, one bedroom, and a side porch entrance—perfect for tenants or extended family. Whether you're looking for an income-generating property, a multi-unit home, or a scenic place to settle in a town rich with history and coastal beauty, 109A Water Street is a rare find in the heart of Carbonear. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Living room Laundry room Bedroom Bedroom Bath (# pieces 1-6) Dining room Kitchen Porch | 12.5 x 15 4.8 x 5 9.5 x 11.9 12.5 x 10.9 4 pc 9.5 x 13.3 10.9 x 13.3 4.8 x 7 |
| Basement | Not known Living room Bath (# pieces 1-6) Not known | 9 x 15.8 14 x 22 3 pc 8 x 12 |
The neighbourhood
Carbonear at a glance
Live market stats for Carbonear — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
47
Median list price
$180k
Price range
$20k – $1.3M
Typical build
1958
Average size
3,517 sqft
Where Carbonear listings are priced
Every active list price in Carbonear, grouped into bands.
List price, thousands of $ · 47 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 25 |
| 200–300 | 9 |
| 300–400 | 3 |
| 400–500 | 7 |
| 500–750 | 1 |
| 750–1M | 1 |
| 1M+ | 1 |
How Carbonear compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
19 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,265 / year
≈ $105 / month
Nearby & drive routes
10 places shown · 3 routes · OpenStreetMap · OSRM
- 86 min to downtown St. John's110.6 km
- 85 min to Memorial University109.4 km
- 90 min to Avalon Mall116.1 km
Schools 4
Groceries 1
Cafés 2
Parks 3
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
$106/mo
Principal & interest $0 + property tax $106 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-374
NOI / month
$-374
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $106 | $1,265 |
| Expenses | $269 | $3,228 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-374 | $-4,488 |
| NOI | $-374 | $-4,488 |
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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