About this propertyMLS® 1302425
This livable 3-bedroom, 1-bathroom home is ready for a new owner’s personal touch. While some upgrades are needed, it offers over 2,000 sq. ft. of potential living space, an oversized private lot, and beautiful harbour views—all at a price below its current assessed value. Located at the end of a quiet cul-de-sac, this property is a great opportunity for buyers looking to update a home over time and make it their own. Built in 1980, the home offers a solid foundation with generous spaces that can be updated or reimagined to suit a variety of needs. Large front-facing windows capture scenic views of the harbour and town, with the evening lights reflecting across the water to create a beautiful backdrop. The property backs onto Crown Land, providing added privacy and direct access to nature. A nearby walking path leads to a small community-built golf course that is free for everyone to enjoy. Peaceful, scenic, and private, the location is truly one of the property’s standout features. With its size, layout, setting, and price below assessed value, this property presents an excellent opportunity for buyers looking for space, privacy, and long-term potential. Whether you’re searching for a year-round residence, an investment property, or a home you can personalize over time, this property offers plenty of possibilities. (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Porch | 12x4.5x8 |
| Second level | Bath (# pieces 1-6) Living room Bedroom Primary Bedroom | 12x8 12x17 11x14 10x13 |
| Main level | Dining room Laundry room Kitchen | 9x11 7x6 9.5x9 |
The essentials
Location, air, flood & taxes
Elevation
34 m above sea level
Property tax
$847 / year
≈ $71 / month
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
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
$71/mo
Principal & interest $0 + property tax $71 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-161
NOI / month
$-161
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $71 | $847 |
| Expenses | $91 | $1,092 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-161 | $-1,932 |
| NOI | $-161 | $-1,932 |
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
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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
Keller Williams Platinum Realty
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