TelephoneEmail71 Park Street, Corner Brook, Newfoundland & Labrador, Canada A2H2X1

For sale · MLS® 1303068

71 Park Street

Corner Brook, NL, A2H2X1

location
2,722 sqftBuilt 1923

List price

$599,000

71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71 Park Street Corner Brook Newfoundland & Labrador Canada A2H2X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1303068

A unique opportunity to own a versatile, extensively renovated property with both commercial and residential space. Ideally located on a main city route, this well-maintained building offers excellent visibility, dedicated rear parking, and a flexible layout suited to a wide range of professional and service-based uses. The main floor includes a welcoming waiting and reception area, multiple client rooms, a lab or production space, a private office, storage, and a washroom. It is well suited for medical, dental, therapeutic, professional, or other service-related purposes, with a practical layout that can be adapted to meet diverse needs. Two spacious, self-contained apartments add further value by providing rental income. The building has undergone two major renovations. In 1990, the main floor was remodelled, with updates to plumbing, electrical, flooring, and more. In 2015, both apartments dramatically changed with a new gable end and updates to plumbing, electrical, flooring and appliances. New siding and windows were added to complete the 2015 project. In 2025, an interior heat pump system was installed to provide efficient heating and cooling for the main floor. Combining functional commercial space with income-producing residential units, this property offers flexibility, convenience, and strong potential for its next owner. Call today to arrange your personal tour. (id:56688)

Specifications

Property details

MLS®1303068
Listing ID30273044
Address71 Park Street, Corner Brook, Newfoundland & Labrador, Canada A2H2X1
StatusActive
Last updated2 months ago ( Sep 15, 2026 )
Year Built1923
Property TypeOffice
Structure TypeRetail
Number of stories3
HeatingHeat Pump, Electric
FlooringLaminate, Carpeted, Other
FencingPartially fenced
Living Area Total2,722 square feet
Price per sq ft$221
Tax Annual Amount$6,920
RoofAsphalt shingle, Unknown
Common InterestFreehold
Business TypeOther, Retail and Wholesale, Residential, Service
Building FeaturesAir Conditioning
Number of photos available18

Room by room

Rooms

The essentials

Location, air, flood & taxes

Elevation

21 m above sea level

Air quality now

AQHI 1 · Low risk

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

Property tax

$6,920 / year

≈ $577 / month

Climate

Feb -3° · Jul 22°

normal daily high · CORNER BROOK station · 1991–2020

Nearby & drive routes

19 places shown · OpenStreetMap · OSRM

Schools 5

Health 1

Groceries 4

Cafés 6

Parks 3

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

$577/mo

Rate 5%Term 30 yrDown 20% ($119,800)Tax $577/mo

Principal & interest $0 + property tax $577 per month

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Financing breakdown

First mortgage$479,200
CMHC insurance premium$0
Total financing$479,200
Closing costs (est. 1.5%)$8,985
Cash to close(down payment + closing)$128,785
Total interest over term$-599,000
Property tax/mo$577
Yearly payments+ tax$6,920

Rental math

Investment calculator

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Monthly cash flow

$-748

NOI / month

$-748

Cap rate

-1.50%

Gross yield

0.00%

Line itemMonthlyYearly
Gross rent$0$0
Mortgage$0$0
Property tax$577$6,920
Expenses$172$2,064
Vacancy$0$0
Management$0$0
Cash flow$-748$-8,976
NOI$-748$-8,976
After-repair value (ARV)$855,715

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

Get in touch

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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.

Haris Barki, REALTOR®
Keller Williams Platinum Realty

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