About this propertyMLS® 1302549
Great Commercial & Investment Opportunity in Harbour Grace! Located on Harvey Street along Route 70, this versatile property offers excellent visibility and accessibility in a historic Conception Bay North community known for its rich heritage, aviation history and growing tourism potential. Currently operating as a Chinese food restaurant and take-out, the main floor features approximately 26 dining seats, an updated commercial kitchen with a 4' x 10' range hood and fire suppression system, and separate male and female 2-piece washrooms. The second level offers a 2-bedroom residential unit with open-concept living/kitchen, full bathroom and laundry—ideal for owner-occupancy, staff accommodation or rental income. With commercial and residential space, established restaurant infrastructure, and multiple potential uses, this property offers an excellent opportunity for an entrepreneur or investor looking to capitalize on Harbour Grace’s local, regional and tourism market. Sell as is where is! (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Harbour Grace at a glance
Live market stats for Harbour Grace — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
30
Median list price
$60k
Price range
$25k – $720k
Typical build
1960
Average size
2,691 sqft
Where Harbour Grace listings are priced
Every active list price in Harbour Grace, grouped into bands.
List price, thousands of $ · 30 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 24 |
| 200–300 | 3 |
| 300–400 | 1 |
| 400–500 | 1 |
| 500–750 | 1 |
How Harbour Grace compares
Median list price against the next biggest markets — click a row for that area guide.
Harbour Gracenearby markets
The essentials
Location, air, flood & taxes
Elevation
15 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$2,250 / year
≈ $188 / month · assessment year 2026
Nearby & drive routes
2 places shown · 3 routes · OpenStreetMap · OSRM
- 80 min to downtown St. John's104.6 km
- 80 min to Memorial University103.4 km
- 85 min to Avalon Mall110.1 km
Schools 1
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
$188/mo
Principal & interest $0 + property tax $188 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-248
NOI / month
$-248
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $188 | $2,250 |
| Expenses | $61 | $732 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-248 | $-2,976 |
| NOI | $-248 | $-2,976 |
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
A real person, every time
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
Your details go straight to Haris — never shared, never spammed.
















