About this propertyMLS® 1301965
Welcome to 242 Southside Road, Harbour Grace! This immaculate bungalow offers over 1,900 sq. ft. of comfortable living space, situated on a beautifully manicured lot just over one acre. Step inside the welcoming foyer and you’ll immediately appreciate the spacious living room, featuring hardwood flooring, a custom-built electric fireplace, and large window showcasing beautiful ocean views. French doors lead into the elegant dining room, also finished with hardwood flooring, offering the perfect setting for family meals and entertaining. Just off the dining room, the office provides a quiet space to work or unwind and also offers convenient access to the laundry area and workshop. The spacious eat-in kitchen features oak cabinetry, ceramic backsplash, and cork flooring. From the kitchen, is easy access to the rear grounds and basement. Down the hall, you’ll find the main bathroom, a spacious primary bedroom with ensuite, and two additional bedrooms, offering beautiful ocean views. The basement is wide open and ready for future development, providing plenty of potential for additional living or storage. Outside, the property truly shines. The expansive, well-maintained grounds offer plenty of room to relax, garden, entertain, or simply enjoy the peaceful surroundings. A charming rock fire pit area creates the perfect spot to gather with family and friends. The home was fully reshingled in July 2026, offering added peace of mind. Location is another standout feature. Situated next door to Admirals Marina, this property is ideally positioned to enjoy one of Harbour Grace’s beautiful attractions, featuring a marina accommodating approximately 150 fishing and pleasure vessels year-round, along with a boardwalk and playground. With its spacious layout, stunning ocean views, immaculate condition, large private lot, recent shingles, and excellent location, 242 Southside Road offers a wonderful opportunity to enjoy comfortable coastal living in Harbour Grace. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Workshop Laundry room Office Living room Dining room Eat in kitchen Foyer | 3 Piece 10 x 11 10 x 12 3 Piece 12 x 13 9 x 18 5 x 7 13 x 19 14 x 21 11 x 12 12 x 15 4 x 6 |
The essentials
Location, air, flood & taxes
Elevation
2 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,875 / year
≈ $156 / month · assessment year 2026
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 80 min to downtown St. John's101.8 km
- 79 min to Memorial University100.5 km
- 84 min to Avalon Mall107.3 km
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Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$157/mo
Principal & interest $0 + property tax $157 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-561
NOI / month
$-561
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $157 | $1,875 |
| Expenses | $405 | $4,860 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-561 | $-6,732 |
| NOI | $-561 | $-6,732 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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