About this propertyMLS® 1304308
Where breathtaking panoramic ocean views, spacious living, and coastal charm come together to create a truly exceptional place to call home! Beautifully situated on a meticulously landscaped 0.36-acre lot overlooking Torbay’s stunning coastline, this impressive 4-bedroom, 3-bathroom bungalow offers over 3,000 square feet of living space, plus a versatile den or home office, providing the perfect combination of comfort, functionality, and lifestyle. From the moment you arrive, you’ll appreciate the pride of ownership, landscaping, and inviting covered front veranda. Inside, you’ll discover a bright, welcoming interior featuring multiple spacious living areas, hardwood, ceramic, and laminate flooring, and a thoughtfully designed layout ideal for both everyday living and entertaining. The generous primary suite offers a private retreat, complete with a walk-in closet and ensuite featuring a relaxing jetted tub and double vanity. Comfort and efficiency are enhanced by two mini-split heat pumps, providing economical heating and cooling throughout the seasons. Outside, the patio deck provides another wonderful vantage point to appreciate the coastal scenery. The property features a double detached wired garage. Conveniently located within walking distance of local walking trails, the community centre, and skate park, and approximately 7–8 minutes from Stavanger Drive’s shopping, restaurants, and amenities, this home delivers the tranquility of coastal living without sacrificing convenience. With spectacular ocean views, generous living space, exceptional outdoor features, and a sought-after Torbay location, 16 Shea’s Lane is more than just a home — it’s a lifestyle. NO SELLERS DIRECTION. Book your private viewing today! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Mud room Utility room Bedroom Laundry room Den Bath (# pieces 1-6) Recreation room | 16x6.5 12x10 10x10 8x4 11x11 9.5x8 29x24 |
| Main level | Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Eat in kitchen Dining room Living room Porch | 13x10 13x10 13x9 13x12 8x6 13x13 13x13 20x13 10x9 |
The essentials
Location, air, flood & taxes
Elevation
66 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$3,575 / year
≈ $298 / month · assessment year 2026
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
6 places shown · 3 routes · OpenStreetMap · OSRM
- 21 min to downtown St. John's14.6 km
- 16 min to Memorial University11.1 km
- 17 min to Avalon Mall12.7 km
Schools 4
Groceries 2
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
$298/mo
Principal & interest $0 + property tax $298 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-749
NOI / month
$-749
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $298 | $3,575 |
| Expenses | $452 | $5,424 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-749 | $-8,988 |
| NOI | $-749 | $-8,988 |
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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