3 & 3 A Coles Point Road
Fogo Island, NL, A0G1W0
List price
$349,900
About this propertyMLS® 1301845
When the owners purchased this property, they had a vision to restore a home and modernize it to maximize the breathtaking environment. So was born 3 & 3A Coles Point Road, Deep Bay, Fogo Island. Having been floated from a nearby island, this saltbox was brought down to its studs and rebuilt into the serene paradise it is today. With sweeping views of the ocean and islands beyond, this home was positioned to draw the ocean in with 12 windows along the open concept main level, and an extension was added for the eat in kitchen, utility area and washroom. Living in a remote location means being part of a community, so very evident in the local T&G spruce walls and rough lumber throughout; iron brackets on the exposed living room beams, plus the local artistry finding a home in the fireplace heat shield, wall mounted coat rack, live edge vanity and shelves in the washroom, and kitchen hardware. Beauty is here, so is function, with the hickory cabinets and pantry, butcher block counter tops, charging station, sunshade blinds, washroom with handheld and rain shower heads, and not to be outdone, a place to warm after a day on the water beside the Godin wood/coal stove on an antique stone base. The 2nd floor oasis loft bedroom, dressed in local lumber with vista views and sunblock blinds, is easily convertible to two bedrooms to suit your needs. Outside was also well planned, with a wrap-around deck with wind screened BBQ area, closed in 5800-liter spray foamed water storage system, framed gardens, RV and generator hookups, armour stone shoreline protection, stone steps to the ocean, wired 9x11 double walled shed and fishing stage. The owners’ vision of being one with the ocean is complete and is your opportunity to own a location perfect for kayaking, boating, or sitting to enjoy the sea birds, fishing boats, Northern Lights, icebergs or the scatter Minke whale pod. Be a part of history and the community of Deep Bay and Fogo Island with 3 & 3A Coles Point Road.
Property details
More details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Rooms
How this works
Not an architectural plan: each rectangle's width and height are proportional to the listed room dimensions at one shared scale; room positions are not the real layout. Hover or focus a room for its exact size.
Furniture scenes are drawn to the same scale to show what fits: a bed sized to the room (king/queen/double/single) with nightstands and a dresser, bathtub→shower→toilet+vanity by space, sofa + coffee table + armchairs, counter + island, dining set… centred as a group. Placement is illustrative, not the real arrangement.
View rooms as table
| Second level | Primary Bedroom | 25.2 x 14.6 · 368 sqft |
| Main level | Dining room Bath (# pieces 1-6) Laundry room Kitchen Living room | 6.2 x 18.8 · 117 sqft 9.5 x 8 · 76 sqft 5.10 x 8.4 · 43 sqft 9.9 x 16.7 · 165 sqft 14.5 x 25.3 · 367 sqft |
Fogo Island at a glance
Live market stats for Fogo Island: what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
17
Median list price
$180k
Price range
$25k – $450k
Typical build
1934
Average size
1,621 sqft
Where Fogo Island listings are priced
Every active list price in Fogo Island, grouped into bands.
List price, thousands of $ · 17 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 10 |
| 200–300 | 5 |
| 300–400 | 1 |
| 400–500 | 1 |
How Fogo Island compares
Median list price against the next biggest markets. Click a row for that area guide.
Neighbourhood scores
Walk, bike, and transit scores for this exact address.
Location, air, flood & taxes
Elevation
2 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · Grand Falls - Windsor · updated 10:30 a.m.
Flood & zoning are mapped for St. John's only
Property tax
$1,035 / year
≈ $86 / month · assessment year 2026
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nothing mapped within 1.5 km of this address yet. Dots appear here once OpenStreetMap coverage reaches it (coverage is thin outside the Avalon).
Nearby & drive routes
0 places shown · OpenStreetMap · OSRM
No amenities mapped within 1.5 km of this address yet. OpenStreetMap coverage is thin outside the Avalon, so nearby shops and schools may not appear here.
Nothing mapped within 1.5 km of this address.
What this home really costs
Winter heat, five years of ownership, how this price sits against the market, and what the map says is within walking distance: every figure captioned with its assumptions.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $116,997
Closing costs + five years of running costs + 60 mortgage payments on a $349,900 home.
If rates rise 2 points
$20,372 more over five years if the rate is 6.84% instead of 4.84% (P&I only).
Once, at closing
- Land transfer (registration) fee$100 + $0.40 per $100 over $500, capped at $5,000$1,498
- Legal feesest.estimate, your lawyer quotes the exact figure$1,500
- Down payment (20%)$69,980
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,340
- Property taxfrom the feed$1,035
- Home insuranceest.estimate, NL range $700–$1,500/yr$1,100
× 5 years = $17,375
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,912 | $135,114 | needs mortgage insurance (not modelled) |
| 10% | $1,812 | $129,075 | needs mortgage insurance (not modelled) |
| 20% | $1,610 | $116,997 | no mortgage insurance |
Estimates, not a quote or an appraisal. Mortgage at 4.84% (lowest bank 5-yr fixed, Ratehub.ca, 2026-11-12), 25-year amortization, P&I only. Land transfer fee: Registry of Deeds schedule ($100 + $0.40/$100 over $500, cap $5,000). Legal $1,500 and insurance $1,100/yr (NL range $700–$1,500) are estimates. Heating is 2× the Jan–Mar winter estimate. 5-year all-in = closing costs + 5 years of running costs + 60 mortgage payments; it excludes CMHC insurance (needed below 20% down), utilities other than heat, and maintenance.
Price ghosts
$/sqft vs 12 active
Priced at the 99th percentile of active Fogo Island homes
$340/sqft, city median $141/sqft.
Winter warmer
Jan–Mar · estimate
$223/mo
Est. winter heating (electricity): about $670 for January through March.
Estimate, not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 1,030 sqft. Climate severity defaults to the St. John's normal (no station nearby). Jan–Mar only; excludes HST, hot water, cooking and any cooling.
More cost & context panels
Rate time machine
same house · same down payment
Same house, same down payment: your payment today at 4.84%lowest bank rate · posted was 6.19%
- Today, lowest bank rate2026-11-12 · 4.84%$1,610/mo
- Today, posted2026-11-04 · 6.19%$1,836/mo
- 5 years ago2021-11-03 · 4.79%$1,602/mo
- 10 years ago2016-11-02 · 4.64%$1,578/mo
At 6.19%, five years ago, the same mortgage would have cost $226 more each month than at today's posted rate.
Principal & interest only: $279,920 (80% of the $349,900 asking price, 20% down), 25-year amortization. No taxes, insurance, fees, or mortgage insurance. Today's rate is the Bank of Canada conventional 5-year rate observed 2026-11-04. The 5- and 10-year rows are two documented observations of that same series (2021-11-03 = 4.79%, 2016-11-02 = 4.64%, retrieved 2026-11-01 from bankofcanada.ca/valet), fixed reference points, not a modelled path between them. Estimate, not an offer of credit; your lender's rate will differ.
Monthly carrying cost
$1,562/mo
Calculators
Estimate payments and returns before you make an offer, all in one place.
Mortgage & investment calculator
Estimated monthly payment
$87/mo
Principal & interest $0 + property tax $87 per month
Financing breakdown
Investment calculator
Monthly cash flow
$-437
NOI / month
$-437
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $87 | $1,035 |
| Expenses | $351 | $4,212 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-437 | $-5,244 |
| NOI | $-437 | $-5,244 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty