For sale · MLS® 1303597
5 Old Road, Western Arm OTHER
Point Leamington, NL, A0H1Z0
List price
$139,000
About this propertyMLS® 1303597
Coastal Paradise Awaits: Four-Season Waterfront Retreat in Point Leamington. Overlooking the pristine waters of the Western Arm, this exceptional four-season cottage is a dream come true for modern mariners and outdoor enthusiasts alike. Imagine waking up to panoramic ocean views and enjoying world-class Atlantic salmon fishing right in your own backyard. Offering the rare and ultimate financial freedom of zero municipal taxes and no water bills, this property delivers an affordable, worry-free lifestyle without compromising on modern comfort. Perfectly situated just minutes from the local amenities of Point Leamington and a short drive to the historic hub of Botwood, this home effortlessly blends rugged wilderness access with convenient everyday living. Whether you are seeking a lucrative vacation rental, a seasonal escape, or a peaceful place to retire in comfort, this property embodies the very best of classic Newfoundland coastal living. To make this opportunity even sweeter, the vendors are including most furnishings and items in the sale—making it truly move-in ready. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bedroom Bath (# pieces 1-6) Bedroom Living room/Dining room | 14x11 7.5x8.7 7.5x8.8 17x15 |
The neighbourhood
Point Leamington at a glance
Live market stats for Point Leamington — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
8
Median list price
$157k
Price range
$50k – $339k
Typical build
1984
Average size
1,744 sqft
Where Point Leamington listings are priced
Every active list price in Point Leamington, grouped into bands.
List price, thousands of $ · 8 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 6 |
| 200–300 | 1 |
| 300–400 | 1 |
How Point Leamington compares
Median list price against the next biggest markets — click a row for that area guide.
Point Leamingtonnearby markets
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Climate
Jan -3° · Jul 23°
normal daily high · POINT LEAMINGTON station · 1991–2020
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
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-174
NOI / month
$-174
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $174 | $2,088 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-174 | $-2,088 |
| NOI | $-174 | $-2,088 |
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
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