About this propertyMLS® 1302142
Four income-producing properties in the heart of Twillingate, all available for less than $100,000 each! This is a rare opportunity to build your rental portfolio, invest in a vacation destination, or secure multiple properties in one of Newfoundland’s most sought-after outport communities. Located at 167–171 Main Street, directly across from Twillingate Harbour, these properties offer beautiful water views and an unbeatable location. Restaurants, boat tours, grocery stores, schools, and other amenities are all within easy walking distance. **167 Main Street** is a spacious home ready to be brought back to life. With a new 200-amp electrical panel already in place, the property is ready for renovation and offers an opportunity to restore its original character. The main floor features a huge living room and dining room overlooking the harbour, along with a kitchen, bedroom, and full bathroom. Upstairs are three additional bedrooms and a large half bathroom with attic access. The **two apartment units** have recently been renovated and are rental-ready, offering the opportunity to begin generating income almost immediately. **171 Main Street** is a charming two-storey home that is currently rented, with long-term tenants who would love to stay. Having called the property home for the past five years, the tenants have taken great care of it. The main floor offers an eat-in kitchen, living room, bedroom, and full bathroom. Upstairs are two exceptionally spacious bedrooms, an office/gym, and a second full bathroom. With multiple income streams, harbour views, strong rental potential, and a prime central location, this portfolio offers an exceptional opportunity for investors looking to get into the Twillingate market at an attractive price point. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Twillingate at a glance
Live market stats for Twillingate — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
25
Median list price
$250k
Price range
$60k – $1.5M
Typical build
1964
Average size
4,401 sqft
Where Twillingate listings are priced
Every active list price in Twillingate, grouped into bands.
List price, thousands of $ · 25 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 12 |
| 200–300 | 2 |
| 300–400 | 6 |
| 400–500 | 2 |
| 500–750 | 2 |
| 1M+ | 1 |
How Twillingate compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
7 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$2,600 / year
≈ $217 / month
Nearby & drive routes
9 places shown · OpenStreetMap · OSRM
Schools 5
Health 1
Groceries 2
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
$217/mo
Principal & interest $0 + property tax $217 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-487
NOI / month
$-487
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $217 | $2,600 |
| Expenses | $271 | $3,252 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-487 | $-5,844 |
| NOI | $-487 | $-5,844 |
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.




















































