Telephone Email2 Augustus Lane, Ramea, Newfoundland & Labrador, Canada A0N2J0

For sale · MLS® 1302037

2 Augustus Lane

Ramea, NL, A0N2J0

2 bd1 ba728 sqftBuilt 1959

List price

$69,000

2 Augustus Lane Ramea Newfoundland & Labrador Canada A0N2J0, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1302037

Fully furnished double lot property in RAMEA. This property comes with an additional shed/ house on property. Not in use along with another smaller shed. Vendor is in the process of getting the land surveyed! This 2 bedroom , 1 Bathroom home is quite the quaint little property with white rose bushes on the front and on the sides of the house. Newly heated with heat pumps, this would make a cozy starter/vacation home or air bnb ( as it is currently used as). Home is coming fully furnished and ready to await its new owner. (id:56688)

Specifications

Property details

MLS®1302037

Listing ID30178713

Address2 Augustus Lane, Ramea, Newfoundland & Labrador, Canada A0N2J0

StatusActive

Last updated2 months ago ( Sep 14, 2026 )

Year Built1959

Property TypeSingle Family

Architectural StyleBungalow

Structure TypeHouse

Number of stories1

Beds2

Baths1

HeatingHeat Pump, Electric

SewerMunicipal sewage system

FlooringLaminate, Other

Living Area Total728 square feet

Price per sq ft$95

Tax Annual Amount$974

AppliancesWasher, Refrigerator, Dryer

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsWood

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available34

SourceView original listing

Coordinates47.521364, -57.391172

Room by room

Rooms

Main level

Other

Kitchen

Living room

Bedroom

Bath (# pieces 1-6)

Bedroom

8 × 10

14.5 × 12

15 × 16

9 × 10

9 × 8

The essentials

Location, air, flood & taxes

Elevation

13 m above sea level

Property tax

$974 / year

≈ $81 / month

Nearby & drive routes

1 place shown · OpenStreetMap · OSRM

Schools 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

$82/mo

Rate 5%Term 30 yrDown 20% ($13,800)Tax $82/mo

Principal & interest $0 + property tax $82 per month

Purchase price

Interest ratefixed, 5-yr

Amortization

yrs

Down payment

Percent downsyncs with $

Renovation budgetinitial rehab

Property taxper year

Financing breakdown

First mortgage$55,200

CMHC insurance premium$0

Total financing$55,200

Closing costs (est. 1.5%)$1,035

Cash to close(down payment + closing)$14,835

Total interest over term$-69,000

Property tax/mo$82

Yearly payments+ tax$974

Rental math

Investment calculator

Monthly rent≈ $1.10/sqft

Monthly expensesins., upkeep

Vacancy rate

Management fee

Monthly cash flow

$-86

NOI / month

$-86

Cap rate

-1.50%

Gross yield

0.00%

Line item	Monthly	Yearly
Gross rent	$0	$0
Mortgage	$0	$0
Property tax	$82	$974
Expenses	$5	$60
Vacancy	$0	$0
Management	$0	$0
Cash flow	$-86	$-1,032
NOI	$-86	$-1,032

After-repair value (ARV)$98,572

Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.

Neighbourhood scores

Explore Ramea on Walk Score

Get in touch

Have a question?

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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

Haris Barki, REALTOR®
Keller Williams Platinum Realty

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