For sale · MLS® 1303492
121 Water Street
Bay L'Argent, NL, A0E1B0
List price
$139,900
About this propertyMLS® 1303492
Welcome to this beautifully renovated 3-bedroom, 1.5-bathroom home in Bay L’Argent, offering beautiful harbour, ocean, and mountain views. Completely renovated in 2020, this under-1,400 sq. ft. single-level home offers comfortable, low-maintenance living with modern upgrades throughout, including a heat pump, blown-in insulation, wheelchair accessibility, and a 16' x 20' attached garage. The home features a spacious open-concept main living area with a well-appointed kitchen, dining space, and comfortable living room—ideal for everyday living and entertaining. The main living area also includes a full bathroom and a third bedroom, along with convenient laundry, office, and utility spaces. Separate from the main living area are two rooms that offer an excellent opportunity for casual B&B or guest-rental income. With their own private area and convenient access to a half bath, they provide separation and privacy while allowing the new owner to take advantage of the steady traffic associated with the nearby ferry service. Located just a short one-minute walk from the ferry service to Rencontre East and Pools Cove, the property offers an excellent location for both residents and visitors to the area. Whether you're looking for a comfortable year-round home, a low-maintenance property, or an opportunity to generate additional casual income through B&B accommodations, this property offers plenty of possibilities. Move-in ready and priced to sell, this is an opportunity worth exploring. Book your private viewing today! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Laundry room Bedroom Living room Foyer Bedroom Office Utility room Bath (# pieces 1-6) Kitchen | 4.1 x 6.7 13.1 x 15.5 5.3 x 8.3 11.1 x 16.4 14.4 x 11.1 5.2 x 6.2 13.1 x 15.5 6.4 x 12. 1 7.6 x 5.8 7.6 x 7.6 17.5 x 12.7 |
The neighbourhood
Bay L'Argent at a glance
Live market stats for Bay L'Argent — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
1
Median list price
$140k
Price range
$140k – $140k
Typical build
1993
Average size
1,375 sqft
Where Bay L'Argent listings are priced
Every active list price in Bay L'Argent, grouped into bands.
List price, thousands of $ · 1 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 1 |
How Bay L'Argent compares
Median list price against the next biggest markets — click a row for that area guide.
Bay L'Argentnearby markets
The essentials
Location, air, flood & taxes
Elevation
5 m above sea level
Air quality now
AQHI 1.43 · Low risk
Burin station · updated 2:00 a.m.
Property tax
$400 / year
≈ $33 / month · assessment year 2026
Climate
Jan 0° · Aug 22°
normal daily high · BOAT HARBOUR 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
$34/mo
Principal & interest $0 + property tax $34 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-174
NOI / month
$-174
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $34 | $400 |
| Expenses | $141 | $1,692 |
| 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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