167, 169, & 171 Main Street
Twillingate, NL, A0G4M0
List price
$390,000
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.
Property details
More details
Overview
The home
Systems & utilities
Size & land
Taxes
Features
Fees & source
Rooms
Twillingate at a glance
Live market stats for Twillingate: what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
26
Median list price
$197k
Price range
$60k – $1.5M
Typical build
1966
Average size
4,281 sqft
Where Twillingate listings are priced
Every active list price in Twillingate, grouped into bands.
List price, thousands of $ · 26 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 14 |
| 200–300 | 1 |
| 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.
Neighbourhood scores
Walk, bike, and transit scores for this exact address.
Location, air, flood & taxes
Elevation
7 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
$2,600 / year
≈ $217 / month
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: $148,875
Closing costs + five years of running costs + 60 mortgage payments on a $390,000 home.
If rates rise 2 points
$22,707 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$1,658
- Legal feesest.estimate, your lawyer quotes the exact figure$1,500
- Down payment (20%)$78,000
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$3,904
- Property taxfrom the feed$2,600
- Home insuranceest.estimate, NL range $700–$1,500/yr$1,100
× 5 years = $38,020
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $2,132 | $169,069 | needs mortgage insurance (not modelled) |
| 10% | $2,019 | $162,337 | needs mortgage insurance (not modelled) |
| 20% | $1,795 | $148,875 | 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 19 active
Priced at the 42nd percentile of active Twillingate homes
$130/sqft, city median $139/sqft.
Winter warmer
Jan–Mar · estimate
$651/mo
Est. winter heating (electricity): about $1,952 for January through March.
Estimate, not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 3,000 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%$1,795/mo
- Today, posted2026-11-04 · 6.19%$2,047/mo
- 5 years ago2021-11-03 · 4.79%$1,786/mo
- 10 years ago2016-11-02 · 4.64%$1,759/mo
At 6.19%, five years ago, the same mortgage would have cost $252 more each month than at today's posted rate.
Principal & interest only: $312,000 (80% of the $390,000 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
$1,861/mo
Calculators
Estimate payments and returns before you make an offer, all in one place.
Mortgage & investment calculator
Estimated monthly payment
$217/mo
Principal & interest $0 + property tax $217 per month
Financing breakdown
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.
Have a question?
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Talk to Haris
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty