About this propertyMLS® 1304539
Full of character, warmth, and traditional Newfoundland charm, 5 Quarter's Lane in Carbonear offers a wonderful opportunity to own a piece of small town living! With its vibrant yellow exterior, reflecting the iconic colourful homes Newfoundland is known for, this charming property captures the character of an older home while offering the comforts of modern updates. Inside, you'll find a welcoming atmosphere with beautiful wood accents, a cozy living room featuring a fireplace, and a bright dining area filled with natural light. The kitchen offers plenty of cabinetry and functionality, while the home's traditional layout provides a comfortable and inviting space for everyday living. Upstairs, you'll find three well appointed bedrooms and an updated full bathroom. Outside, the cheerful exterior adds plenty of curb appeal, while the deck provides a great space to relax and enjoy the peaceful surroundings. A detached garage offers additional storage and versatility. Looking for an investment opportunity? With the current owner willing to sell the property furnished, this home presents exciting potential as an Airbnb or vacation rental, offering visitors an authentic Newfoundland experience in the scenic community of Carbonear. With close proximity to popular destinations like the Stone Jug Restaurant and the Princess Sheila Nageira Theatre, this property would make an ideal year round residence, a charming getaway, or an opportunity to explore the short-term rental market. Arrange your viewing today! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Workshop Storage Utility room | 15.0x15.0 7.3x12.0 6.0x15.0 |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 7.11x11.4 9.6x11.2 11.2x11.2 11.4x12.9 |
| Main level | Dining room Living room Foyer Porch | 11.2x13.1 11.3x20.6 6.2x13.11 4.9x7.8 |
The essentials
Location, air, flood & taxes
Elevation
33 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$847 / year
≈ $71 / month · assessment year 2026
Nearby & drive routes
8 places shown · 3 routes · OpenStreetMap · OSRM
- 86 min to downtown St. John's110.7 km
- 85 min to Memorial University109.5 km
- 91 min to Avalon Mall116.2 km
Schools 2
Groceries 1
Cafés 2
Parks 3
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
$71/mo
Principal & interest $0 + property tax $71 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-148
NOI / month
$-148
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $71 | $847 |
| Expenses | $78 | $936 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-148 | $-1,776 |
| NOI | $-148 | $-1,776 |
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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