About this propertyMLS® 1302881
Imagine owning a property in a place that offers ocean, lighthouse, history, tourism potential and a genuine Nfld outport experience. This isn’t simply a lovely cottage. It’s a place with a story—and that story is still being written. Located in historic Heart’s Content, this charming 3 bedroom Coastal Cottage with a sunroom sits overlooking the point and the Atlantic Ocean, with the iconic lighthouse standing watch at the water’s edge. Set on a generous parcel of land, this property captures the essence of Newfoundland coastal living. Enjoy spectacular ocean views, dramatic skies and the ever-changing North Atlantic from a home that has already enjoyed successful Airbnb use, making it equally appealing as a private seaside retreat, vacation property or income-producing opportunity. The expansive rear portion of the property may also offer the possibility of an additional dwelling.(subj to town approval) But what makes this location truly special is Heart’s Content itself. It has an amazing history; In 1866, this tiny Newfoundland fishing community became the western terminus of the first successful permanent transatlantic submarine telegraph connection between North America and Europe. The achievement revolutionized communication between continents and is regarded as a pivotal milestone in the birth of the modern telecommunications age. Essentially, The beginning of the INTERNET! Further information on this historic little town—including the Cable Station, the UNESCO World Heritage initiative, the Lighthouse, the Heart’s Content Regional Centre for the Arts, the community’s plans to become a world-class tourism destination, the proposed cruise destination, and other heritage and tourism projects happening in the community—can be viewed at: heartscontentnl.ca/a-bit-of-history/, Town of Heart’s Content–UNESCO, or townofheartscontent.ca. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Not known Living room/Fireplace Eat in kitchen Porch | 3pc 8.76 x 7.50 9.87 x 9.70 9.71 x 10 14.48 x 9.90 20.27 x 10.30 9.86 x 14.33 7.31 x 7.50 |
The essentials
Location, air, flood & taxes
Elevation
8 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,172 / year
≈ $98 / month · assessment year 2026
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Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$98/mo
Principal & interest $0 + property tax $98 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-309
NOI / month
$-309
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $98 | $1,172 |
| Expenses | $212 | $2,544 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-309 | $-3,708 |
| NOI | $-309 | $-3,708 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Call or text416-873-4676
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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