Telephone Email0 Trans Canada Highway, Goobies, Newfoundland & Labrador, Canada A1B1N0

For sale · MLS® 1303419

0 Trans Canada Highway

Goobies, NL, A1B1N0

7,300 sqftBuilt 1950

List price

$624,900

0 Trans Canada Highway Goobies Newfoundland & Labrador Canada A1B1N0, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1303419

Just listed - 13 room motel plus a self=contained cottage all operating as the Trailside Motel on the TCH just west of Goobies. With new projects on the horizon in the area like wind farm potential and the RV Park potential the opportunity for a very busy future is at the doorstep! Along with the rooms and restaurant there is also a large commercial kitchen with recently upgraded fire suppression system, 2 commercial fryers, commercial grill, 4 burner commercial gas range top, triple cooler and lots of prep areas. There is a large lounge currently under renovation. THE LAND IS APPROVED FOR A 100 SITE RV PARK AND IS AWAITING COMPLETION!! Current owners have given the inside a fresh new look along with renovating the restaurant, rooms and bathrooms. There is a 1 bedroom cabin on site as well that is rented regularly. Truly tons of parking and all this located across the highway from the T’Railway Provincial Park bringing lots of year round business. Approximately 800ft frontage on TCH and Old Cabot HWY. NO TAX AREA!! HST not included and if applicable is the responsibility of Purchaser. (id:56688)

Property details

MLS®1303419

Listing ID30305052

Address0 Trans Canada Highway, Goobies, Newfoundland & Labrador, Canada A1B1N0

StatusActive

Last updated5 days ago ( Oct 26, 2026 )

Year Built1950

Property TypeRetail

Structure TypeSpecial Purpose

Ownership TypeFreehold

HeatingHot water radiator heat, Baseboard heaters, Oil, Electric, Wood

FlooringMixed Flooring

Living Area Total7,300 square feet

Price per sq ft: $86

Tax Annual Amount$140

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

RoofFiberglass, Unknown

HeatingHot water radiator heat, Baseboard heaters, Oil, Electric, Wood

FlooringMixed Flooring

Common InterestFreehold

Business TypeAccommodation, Other, Restaurant

Building FeaturesLaundry Facility, Canopy, Living Accommodation, Recreation Centre

Number of photos available38

Rurl
Coordinates: [47.975103, -53.961047]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $499,920

Mortgage insurance premium: $0

Total Financing: $499,920

Rough closing fee (1.5%): ~ $9,374

Total downpayment with estimated closing fee: $134,354

0000

Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$8,031	$96,372
Gross rental income (income/principal ratio)	1.285%	15.422%
Mortgage	$0	$0
Monthly Expenses	$782	$9,384
Vacancy	$402	$4,819
Management Fee	$643	$7,710
Expense / Income Ratio	9.74%	9.74%
Cash Flow	$6,205	$74,460
Net Operating Income (NOI)	$6,205	$74,460
Capitalization Rate	0.99%	11.92%

Capitalization Rate: 11.92%

After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $892,715

Neighbourhood scores

Explore Goobies on Walk Score

Get in touch

Have a question?

Send a message and Haris will get back to you — usually the same day.

Full Name *

Email *

Message *