About this propertyMLS® 1304515
Prime restoration or re-development opportunity overlooking the OCEAN in Torbay! Held by one family for over 125 years, this character home sits on a FULL ACRE of land with sweeping views of the Torbay beach and hillsides. The property was occupied and maintained by family up until October 2025. The power has been disconnected and a full electrical service upgrade will be required. Discussions with the Town indicate no issues anticipated with the development/re-development of a single dwelling using the existing footprint plus 50% expansion if desired. Property is connected to municipal services. For those interested in preserving the historical charm of one of the oldest houses in Torbay, the location is ideal for an Air BNB with the East Coast Trail, and local food establishments (including Lorinas, the Post Tap House, and Torbakery) located within walking distance. The original gable roof design has been closed in, but remains intact within the upstairs walls. A root cellar located below the kitchen will take you back to a simpler time. The Commons Recreation Centre is also nearby featuring a playground, splash pad, skate park and offering various classes & community events for all ages. Whether you are looking to restore the existing property, or build a brand new seaside home, you'll want to check out this amazing opportunity. Viewings start immediately. As per Seller’s Directive, no offers will be conveyed prior to 1:00 PM on November 1, 2026. (id:56688)
Specifications
Property details
Room by room
Rooms
Second level · 3
Main level · 5
View rooms as table
| Second level | Storage Bedroom Bedroom | 8.10 x 3.8 8.10 x 10.5 11.2 x 15.5 |
| Main level | Bath (# pieces 1-6) Porch Other Living room Eat in kitchen | 5.4 x 9.4 8.3 x 6.6 10.10 x 6.6 9.10 x 15.2 15.3 x 13.6 |
The neighbourhood
Torbay at a glance
Live market stats for Torbay — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
63
Median list price
$310k
Price range
$15k – $2.9M
Typical build
1994
Average size
2,797 sqft
Where Torbay listings are priced
Every active list price in Torbay, grouped into bands.
List price, thousands of $ · 62 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 19 |
| 200–300 | 12 |
| 300–400 | 3 |
| 400–500 | 5 |
| 500–750 | 15 |
| 750–1M | 4 |
| 1M+ | 4 |
How Torbay compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
68 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 1.89 · Low risk · St. John's · updated 11:00 p.m.
Flood & zoning are mapped for St. John's only
Property tax
$700 / year
≈ $58 / month · assessment year 2026
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1981–2010
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
15 places shown · 3 routes · OpenStreetMap · OSRM
- 21 min to downtown St. John's14.8 km
- 16 min to Memorial University11.4 km
- 17 min to Avalon Mall12.9 km
Schools 12
Groceries 2
Parks 1
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
$59/mo
Principal & interest $0 + property tax $59 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-199
NOI / month
$-199
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $59 | $700 |
| Expenses | $141 | $1,692 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-199 | $-2,388 |
| NOI | $-199 | $-2,388 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Monthly carrying cost
$841/mo
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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