About this propertyMLS® 1301880
Welcome to 124 Riverside East, Glovertown—a beautifully maintained bungalow offering exceptional privacy, breathtaking views of Glovertown Harbour, and a property that's truly a gardener's dream. Nestled on a meticulously landscaped lot, this charming home has been lovingly cared for and updated throughout. Enjoy spectacular harbour views from your own backyard oasis featuring mature perennial gardens, fruit trees, a greenhouse, meat smoker house, vegetable garden, chicken coop, and plenty of space to relax and enjoy nature. For the hobbyist or entrepreneur, the property also includes a wired 10x12 she shed, a wired 16x20 storage shed, and a brand-new 24x24 double garage complete with automatic door openers. The home features 2 bedrooms, one bath and laundry on the main floor. The basement has a a half bath and offers a great space to add a bedroom or 2 . Recent upgrades provide peace of mind and energy efficiency, including new shingles in 2024, a mini-split heat pump, conversion from oil to electric furnace, fresh interior paint throughout, and the addition of a new mudroom and bright sunporch. Located in the heart of Glovertown, this property offers easy access to some of Newfoundland's finest outdoor recreation. With Terra Nova National Park just minutes away, you'll enjoy endless opportunities for hiking, boating, kayaking, fishing, snowmobiling, and exploring the natural beauty of the area year-round. A 2 minute walk to the boat launch or if you have a larger boat the Glovertown Marina has the spot waiting for you to hold your craft. If salmon fishing is on your list of hobby list the Terra Nova River is just up the road and is renowned for the excellent salmon fishing and other outdoor recreation. Whether you're seeking a year-round residence, retirement retreat, or a peaceful lifestyle surrounded by nature, 124 Riverside East is a rare opportunity to own a truly special property with million-dollar views and exceptional amenities. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Not known Laundry room Bedroom Bedroom Bath (# pieces 1-6) Living room Dining room Mud room Kitchen | 5.6x4.6 8x6.4 11.7x15.3 11.6x11.9 7.11x8 11.6x16.6 11.6x11.5 9.5x7.5 11.7x9.5 |
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
30
Median list price
$142k
Price range
$21k – $599k
Typical build
1979
Average size
1,804 sqft
Where Glovertown listings are priced
Every active list price in Glovertown, grouped into bands.
List price, thousands of $ · 30 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 19 |
| 200–300 | 7 |
| 300–400 | 2 |
| 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
40 m above sea level
Property tax
$721 / year
≈ $60 / month
Nearby & drive routes
2 places shown · OpenStreetMap · OSRM
Groceries 2
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
$61/mo
Principal & interest $0 + property tax $61 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-308
NOI / month
$-308
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $61 | $721 |
| Expenses | $248 | $2,976 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-308 | $-3,696 |
| NOI | $-308 | $-3,696 |
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.






































