For sale · MLS® 1301996
7 Center Island Road
Fogo Island, NL, A0G2X0
List price
$325,000
About this propertyMLS® 1301996
Welcome to 7 Center Island Road, a standout property on Fogo Island with a lot of ways to use it. The main house has three bedrooms, and downstairs there's a two bedroom basement apartment plus a separate bed sitting room. There's also a commercial space you could rent out. That gives you a home, rental income, and business potential all on one property. It sits on an oversized lot too, so there's plenty of room to work with. The location is hard to beat. You're close to the school, hospital, arena, and shopping, so day to day life is easy. You're also just 5 km from Fogo Island Inn and 6 km from one of the corners of the Flat Earth, two of the island's most well known spots. CBS's 60 Minutes once called Fogo Island a remote jewel off the coast of Canada, and once you visit, you'll understand why. Fogo Island itself is known for its rugged coastline, quiet trails, and a community that makes you feel like part of it right away. Whether you're looking for a full time home, a rental property, or a spot to slow down and reconnect with nature, this one checks a lot of boxes. Two additional lots come with the property. One is roughly 80 x 150 and is a crown grant. The other is 100 x 300, level, and currently used to park camper trailers in the off season. If you've been looking for a property with real flexibility on Fogo Island, this is worth a closer look. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Not known Bath (# pieces 1-6) Other Foyer Living room Eat in kitchen | 18x13 4 piece 18 x 13 13.6 x 7.2 19.2 x 13.3 11.8 x 22.7 |
| Basement | Bath (# pieces 1-6) Foyer Not known Not known Not known | 4 Piece 7.5 x 14 8.4 x 10.9 8.4 x 10.6 9.8 x 15.7 |
| Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom | 4 piece 11.4 x 14.4 10.5 x 10.2 11 x 15 |
The neighbourhood
Fogo Island at a glance
Live market stats for Fogo Island — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
3
Median list price
$325k
Price range
$279k – $350k
Typical build
1945
Average size
1,296 sqft
Where Fogo Island listings are priced
Every active list price in Fogo Island, grouped into bands.
List price, thousands of $ · 3 homes
View as table
| Price band ($) | Listings |
|---|---|
| 200–300 | 1 |
| 300–400 | 2 |
How Fogo Island compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
24 m above sea level
Property tax
$1,250 / year
≈ $104 / month
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Schools 3
Parks 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
$105/mo
Principal & interest $0 + property tax $105 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-406
NOI / month
$-406
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $105 | $1,250 |
| Expenses | $302 | $3,624 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-406 | $-4,872 |
| NOI | $-406 | $-4,872 |
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.
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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