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TelephoneEmail823-831 Thorburn Road, Portugal Cove - St. Philip's, Newfoundland & Labrador, Canada A1B3M2

For sale · MLS® 1301656

823-831 Thorburn Road

Portugal Cove - St. Philip's, NL, A1B3M2

location

List price

$550,000

823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
823-831 Thorburn Road Portugal Cove - St. Philip's Newfoundland & Labrador Canada A1B3M2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
REALTOR® · Keller Williams Platinum Realty
About this propertyMLS® 1301656

NOW OFFERED AT A NEWLY ADJUSTED PRICE! Discover an exceptional opportunity with this expansive 32-acre parcel of vacant land located on Thorburn Road in the growing community of Portugal Cove-St. Philip’s. The property offers excellent potential for land holding, investment, or a variety of permitted uses, providing a unique opportunity to secure a substantial parcel in a desirable and expanding area. A significant portion of the property is cleared and includes a large fenced, gated, and paved area with direct access from Thorburn Road. With substantial frontage along a well-travelled route, the property offers excellent visibility, accessibility, and flexibility for future use. Given the size, location, and existing site improvements, this property represents an attractive opportunity for investors, businesses or purchasers seeking a strategic long-term land holding. Purchasers are responsible for completing their own due diligence with the Town of Portugal Cove-St. Philip’s and all applicable authorities regarding re-zoning, permitted uses, development potential, and any required approvals. Currently zoned Protected Watershed (PW). Any applicable HST is the responsibility of the purchaser. (id:56688)

Property details
MLS®1301656
Listing ID30141063
Address823-831 Thorburn Road, Portugal Cove - St. Philip's, Newfoundland & Labrador, Canada A1B3M2
StatusActive
Last updated2 months ago ( Aug 15, 2026 )
Property TypeVacant Land
Ownership TypeFreehold
SewerNo sewage system
Tax Annual Amount$66
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceNone
Common InterestFreehold
Number of photos available14
Rurl
Coordinates: [47.572092, -52.832766]

Rooms

Basic Calculator



First Mortgage: $440,000

Mortgage insurance premium: $0

Total Financing: $440,000

Rough closing fee (1.5%): ~ $8,250

Total downpayment with estimated closing fee: $118,250

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Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$0$0
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioNaN%NaN%
Cash Flow$0$0
Net Operating Income (NOI)$0$0
Capitalization Rate0.00%0.00%
Capitalization Rate: 0.00%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $785,715

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