TelephoneEmail411 Marble Drive, Little Rapids, Newfoundland & Labrador, Canada A2H2N2

For sale · MLS® 1301915

411 Marble Drive

Little Rapids, NL, A2H2N2

location
1,000 sqftBuilt 1994

List price

$1,250,000

411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
411 Marble Drive Little Rapids Newfoundland & Labrador Canada A2H2N2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
REALTOR® · Keller Williams Platinum Realty
Offer deadline passedFriday, September 18 at 1:00 p.m. NDT

No Conveyance of any written signed offers prior to September 18, 2026 1pm.

Deadline extracted automatically from the listing remarks — it may be missing, incomplete, or out of date. Always confirm offer terms with the listing brokerage.

About this propertyMLS® 1301915

**A RARE WATERFRONT TOURISM INVESTMENT OPPORTUNITY!** A proven 30-year operating history as a successful short-term accommodation business, offering an exceptional opportunity to own 3 Chalets on almost 1 acre of waterfront land and expand a turnkey tourism destination on the banks of the famous Humber River. This property features 3 fully furnished chalets,  each approximately 1,000 sq. ft. with 2 bedrooms, a full kitchen and a 3-piece bathroom, offering guests beautiful waterfront views and direct access to one of Western Newfoundland’s premier salmon-fishing rivers. Each chalet is completely furnished, can sleep up to 6 and ready to generate income from day one. The property is equipped with a commercial-grade treatment plant already in place for future expansion, providing significant potential for future growth. A 400-amp electrical service supplies 100-amp service to each existing chalet. The location is ideal for attracting tourists year-round: approximately 10 minutes to Marble Mountain, offering world-class skiing and outdoor recreation; 30 minutes to Deer Lake Regional Airport; and approximately 1 hour to Gros Morne National Park. Whether you're looking to continue the established short-term accommodation business, expand the existing operation, or capitalize on Western Newfoundland's growing tourism market, this waterfront property offers an incredible combination of proven income potential, expansion opportunities, prime location and natural beauty. Three turnkey chalets. A proven 30-year history. Room to grow. And the Humber River right at your doorstep. This isn’t just a property—it’s an opportunity!! Sellers direction in place. No Conveyance of any written signed offers prior to September 18, 2026 1pm. Remain open for acceptance until September 18, 2026 at 6pm (id:56688)

Specifications

Property details

MLS®1301915
Listing ID30257018
Address411 Marble Drive, Little Rapids, Newfoundland & Labrador, Canada A2H2N2
StatusActive
Last updated2 months ago ( Sep 10, 2026 )
Year Built1994
Property TypeMulti-family
Structure TypeSpecial Purpose
Number of stories2
HeatingElectric
FlooringHardwood, Carpeted
Living Area Total1,000 square feet
Price per sq ft$1,250
Tax Annual Amount$1,041
Tax Year2025
WaterfrontNo
RoofAsphalt shingle, Unknown
Common InterestFreehold
Business TypeAccommodation, Other, Residential
Number of photos available21

Room by room

Rooms

The essentials

Location, air, flood & taxes

Elevation

10 m above sea level

Air quality now

AQHI 1 · Low risk

Corner Brook station · updated 2:00 a.m.

Property tax

$1,041 / year

≈ $87 / month · assessment year 2025

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

$87/mo

Rate 5%Term 30 yrDown 20% ($250,000)Tax $87/mo

Principal & interest $0 + property tax $87 per month

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Financing breakdown

First mortgage$1,000,000
CMHC insurance premium$0
Total financing$1,000,000
Closing costs (est. 1.5%)$18,750
Cash to close(down payment + closing)$268,750
Total interest over term$-1,250,000
Property tax/mo$87
Yearly payments+ tax$1,041

Rental math

Investment calculator

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Monthly cash flow

$-1,562

NOI / month

$-1,562

Cap rate

-1.50%

Gross yield

0.00%

Line itemMonthlyYearly
Gross rent$0$0
Mortgage$0$0
Property tax$87$1,041
Expenses$1,476$17,712
Vacancy$0$0
Management$0$0
Cash flow$-1,562$-18,744
NOI$-1,562$-18,744
After-repair value (ARV)$1,785,715

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

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Haris Barki, REALTOR®
Keller Williams Platinum Realty

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