For sale · MLS® 1305031
2 Ridgewood Drive
Stephenville Crossing, NL, A0N2C0
List price
$159,000
About this propertyMLS® 1305031
Welcome to 2 Ridgewood Drive in Stephenville Crossing!! This quaint and inviting two storey home offers 3 bedrooms, 1 bathroom and plenty of charm. Fully furnished and ready for its new owner, this cozy property is perfect for first-time homebuyers, a small family, or anyone looking for a comfortable home in a peaceful setting. Situated on a quiet dead-end street just off Main Street, you’ll enjoy the convenience of being close to shopping, playground and other local amenities. The beach is within walking distance and the town of Stephenville is only a 10 minute drive away!! Numerous upgrades add to the appeal of this lovely home, including all new wiring, a new 200-amp breaker panel and meter mast and a new electric furnace, all completed in 2024. The majority of the windows were replaced in 2021, along with shingles in 2018. Additional improvements include two exterior doors, a new tub and toilet and plumbing upgrades in 2018, plus a replaced back patio in 2022. The enclosed front deck also features a metal roof. Sheds in the backyard for all your storage needs. Whether you’re looking for your first home or an investment opportunity, this charming property offers comfort, convenience and valuable upgrades. With the furnishings and appliances included, you can settle in and start enjoying your home!! A lovely home in a peaceful location, close to everything you need!! Don’t miss your opportunity to view this charming property, call today to book your appointment to view!! (id:56688)
Specifications
Property details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Room by room
Rooms
View rooms as table
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 5.3 x 8.3 · 44 sqft 8 x 9.4 · 75 sqft 9.2 x 9.2 · 85 sqft 9.9 x 15.5 · 153 sqft |
| Main level | Foyer Living room Dining room Kitchen Porch | 11.3 x 6 · 68 sqft 11.3 x 12 · 136 sqft 8.10 x 11.6 · 94 sqft 11.7 x 11.11 · 130 sqft 11 x 12 · 132 sqft |
The neighbourhood
Stephenville Crossing at a glance
Live market stats for Stephenville Crossing — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
15
Median list price
$199k
Price range
$25k – $549k
Typical build
1971
Average size
2,283 sqft
Where Stephenville Crossing listings are priced
Every active list price in Stephenville Crossing, grouped into bands.
List price, thousands of $ · 15 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 10 |
| 200–300 | 3 |
| 300–400 | 1 |
| 500–750 | 1 |
How Stephenville Crossing compares
Median list price against the next biggest markets — click a row for that area guide.
Stephenville Crossingnearby markets
Neighbourhood scores
Walk, bike, and transit for this exact address.
The essentials
Location, air, flood & taxes
Elevation
9 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 1 · Low risk · Corner Brook · updated 5:00 p.m.
Flood & zoning are mapped for St. John's only
Property tax
$498 / year
≈ $42 / month · assessment year 2026
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1981–2010
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
6 places shown · OpenStreetMap · OSRM
Schools 4
Groceries 1
Parks 1
Cost & context
What this home really costs
Winter heat, five years of ownership, how this price sits against the market, and what the map says is within walking distance — every figure captioned with its assumptions.
Winter warmer
Jan–Mar · estimate
$290/mo
Est. winter heating (electricity) — about $870 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 1,258 sqft. Severity 1.06× St. John's from the STEPHENVILLE A station 1981–2010 normal. Jan–Mar only; excludes HST, hot water, cooking and any cooling.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $61,086
Closing costs + five years of running costs + 60 mortgage payments on a $159,000 home.
If rates rise 2 points
$9,084 more over five years if the rate is 6.44% instead of 4.44% — P&I only.
Once, at closing
- Land transfer (registration) fee$100 + $0.40 per $100 over $500, capped at $5,000$734
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$31,800
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,740
- Property taxfrom the feed$498
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $16,690
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $834 | $68,991 | needs mortgage insurance (not modelled) |
| 10% | $791 | $66,356 | needs mortgage insurance (not modelled) |
| 20% | $703 | $61,086 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-02), 25-year amortization, P&I only. Land transfer fee: Registry of Deeds schedule ($100 + $0.40/$100 over $500, cap $5,000). Legal $1,500 and insurance $1,100/yr (NL range $700–$1,500) are estimates. Heating is 2× the Jan–Mar winter estimate. 5-year all-in = closing costs + 5 years of running costs + 60 mortgage payments; it excludes CMHC insurance (needed below 20% down), utilities other than heat, and maintenance.
Rate time machine
same house · same down payment
Same house, same down payment — your payment today at 4.44%best market rate · posted was 6.19%
- Today, best market rate2026-11-02 · 4.44%$703/mo
- Today, posted2026-10-28 · 6.19%$834/mo
- 5 years ago2021-11-03 · 4.79%$728/mo
- 10 years ago2016-11-02 · 4.64%$717/mo
At 6.19% — five years ago — the same mortgage would have cost $132 more each month than at today's posted rate.
Principal & interest only: $127,200 (80% of the $159,000 asking price — 20% down), 25-year amortization. No taxes, insurance, fees, or mortgage insurance. Today's rate is the Bank of Canada conventional 5-year rate observed 2026-10-28. The 5- and 10-year rows are two documented observations of that same series (2021-11-03 = 4.79%, 2016-11-02 = 4.64%, retrieved 2026-11-01 from bankofcanada.ca/valet) — fixed reference points, not a modelled path between them. Estimate — not an offer of credit; your lender's rate will differ.
Price ghosts
$/sqft vs 10 active
Priced at the 60th percentile of active Stephenville Crossing homes
$126/sqft — city median $119/sqft.
Errand score
walk-time weighted
36
grocery 150 m, school 360 m
Nearest errand: Colemans (grocery) — 150 m, about 2 min on foot.
Walk-time-weighted from OpenStreetMap + ODEF school data; straight-line distance at 4.8 km/h. Weights: grocery 1.0, school 0.9, health 0.8, park 0.4, café 0.35, bus 0.3 — nearest place per category only. Half-value every 6 minutes of walking; nothing scores past a 15-minute walk. 100 = every category at the door. This is a mapping of what's drawn on the map, not a survey of what exists.
Ask this listing
open data · 3 questions
- School within 1 km?Yes · 360 mSchool
- Grocery nearby?Yes · 150 mColemans
- Bus stop?No bus stop mapped within 800 m
From OpenStreetMap + ODEF schools (straight-line distance) and the City of St. John's flood & zoning maps. Flood and zoning are mapped for St. John's only; elsewhere those questions don't appear because we don't know the answer.
Monthly carrying cost
$681/mo
Plan ahead
Calculators
Estimate payments and returns before you make an offer — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$42/mo
Principal & interest $0 + property tax $42 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-198
NOI / month
$-198
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $42 | $498 |
| Expenses | $157 | $1,884 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-198 | $-2,376 |
| NOI | $-198 | $-2,376 |
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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