For sale · MLS® 1304794
77 Cormack Drive
Clarenville, NL, A5A1E1
List price
$314,900
About this propertyMLS® 1304794
Welcome to this stunning 2-apartment home, offered at a fantastic price and situated on a beautiful mature lot in one of Clarenville’s most desirable areas! Located in the heart of town, this property offers the perfect opportunity for homeowners looking to offset their mortgage or investors looking for a fantastic income property. The exterior features multiple driveways, providing convenient separate parking for both units, along with a storage shed for added convenience. The main unit boasts 3 generously sized bedrooms, 1 full bathroom, and a spacious living and dining room combination filled with natural light. The updated kitchen offers beautiful views of the harbour, while the brand-new patio provides the perfect spot to relax and take in the stunning ocean views! The basement apartment features 3 spacious bedrooms, 1 full bathroom, a large living room, and plenty of storage space. Currently rented for $1,100 per month, the apartment provides an excellent opportunity for additional income. This home has also seen numerous upgrades in recent years, including PEX plumbing (2023), new shingles (2022), a WETT-certified woodstove (2025), new high-efficiency baseboard heaters (2023), a new hot water heater (2025), new flooring upstairs (2023), and a new pressure-treated deck (2023). With its fantastic location, beautiful views, extensive upgrades, and income potential, this property is an incredible opportunity you won’t want to miss! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Not known Not known Not known Not known Bath (# pieces 1-6) Not known Not known | 9x9 8x18 8x15 12x15 9x5 13x10 13x8 |
| Main level | Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) Living room Kitchen Dining room | 8x18 8x15 12x14 8x7 13x25.5 12x8 15x12 |
The neighbourhood
Clarenville at a glance
Live market stats for Clarenville — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
56
Median list price
$240k
Price range
$29k – $1000k
Typical build
1991
Average size
2,259 sqft
Where Clarenville listings are priced
Every active list price in Clarenville, grouped into bands.
List price, thousands of $ · 51 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 22 |
| 200–300 | 9 |
| 300–400 | 11 |
| 400–500 | 5 |
| 750–1M | 4 |
How Clarenville compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
22 m above sea level
Air quality now
AQHI 1.88 · Low risk
St. John's station · updated 3:00 a.m.
Property tax
$2,161 / year
≈ $180 / month
Nearby & drive routes
11 places shown · OpenStreetMap · OSRM
Schools 1
Groceries 4
Cafés 2
Parks 4
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
$181/mo
Principal & interest $0 + property tax $181 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-393
NOI / month
$-393
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $181 | $2,161 |
| Expenses | $213 | $2,556 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-393 | $-4,716 |
| NOI | $-393 | $-4,716 |
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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