For sale · MLS® 1304998
4 Second Avenue
Deer Lake, NL, A8A2A6
List price
$439,000
About this propertyMLS® 1304998
Welcome to this stunning, fully renovated two-storey home offering over 1,200 sq. ft. per level and designed with today’s modern family in mind. From the moment you arrive, you’ll appreciate the exceptional curb appeal, double-wide paved driveway, and newly built covered front deck—perfect for enjoying your morning coffee. Step inside to an impressive open-concept main floor where the kitchen, dining, and living areas flow seamlessly together. The home has been completely updated with stylish finishes throughout, including contemporary lighting, modern faucets, and all new appliances, creating a fresh and inviting atmosphere. Plus a cozy main floor family room with a walk out to your patio. One of the standout features is the beautiful open staircase with a stunning view to the second floor, adding character and an abundance of natural light to the heart of the home. Upstairs, you’ll find three spacious bedrooms and two huge full bathrooms, including a gorgeous primary suite complete with a walk-in closet and a private ensuite. A third full bathroom on the main level provides added convenience for family and guests. Situated on a 50 x 150 lot, this property offers exceptional privacy with mature trees surrounding the backyard. Enjoy summer evenings on the private rear patio deck or entertain family and friends. Property Highlights: * Fully renovated throughout * Over 2,400 sq. ft. of finished living space (approx.) * 3 bedrooms, 3 full bathrooms * Spacious primary suite with ensuite & walk-in closet * Open-concept kitchen, dining & living room * Beautiful open staircase with second-floor overlook * All new appliances included * Trendy lighting, fixtures & modern finishes * Newly built covered front deck * Private rear patio surrounded by mature trees * Double-wide paved driveway This move-in-ready home offers the perfect combination of style, space, and functionality. With every major update already done! Schedule your private viewing today (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
| Other | Other | 14x35 · 490 sqft |
| Second level | Ensuite Bath (# pieces 1-6) Other Primary Bedroom Bedroom | 8.9 x 10.5 · 93 sqft 4pc 10.11 x 15. 4.7 x 13.1 · 62 sqft 13.1 x 15.0 · 197 sqft 13.0 x 13.8 · 179 sqft |
| Main level | Other Family room Not known Laundry room Living room Dining room Kitchen | 5.5 x 14.4 · 79 sqft 9.5 x 28.7 · 273 sqft 3.1 x 4.6 · 14 sqft 8.0 x 12 3pc 15.7 x 16.7 · 262 sqft 8.0 x 13.4 · 107 sqft 10.9 x 13.9 · 152 sqft |
The neighbourhood
Deer Lake at a glance
Live market stats for Deer Lake — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
20
Median list price
$199k
Price range
$55k – $745k
Typical build
1979
Average size
1,968 sqft
Where Deer Lake listings are priced
Every active list price in Deer Lake, grouped into bands.
List price, thousands of $ · 20 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 10 |
| 200–300 | 3 |
| 300–400 | 2 |
| 400–500 | 3 |
| 500–750 | 2 |
How Deer Lake compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
40 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
$2,437 / year
≈ $203 / month
Climate
Feb -3° · Jul 22°
normal daily high · DEER LAKE station · 1981–2010
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
17 places shown · OpenStreetMap · OSRM
Schools 10
Groceries 2
Cafés 1
Parks 4
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
$580/mo
Est. winter heating (electricity) — about $1,739 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 2,451 sqft. Severity 1.09× St. John's from the DEER LAKE 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: $154,838
Closing costs + five years of running costs + 60 mortgage payments on a $439,000 home.
If rates rise 2 points
$25,082 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$1,854
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$87,800
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$3,478
- Property taxfrom the feed$2,437
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $35,075
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $2,304 | $176,664 | needs mortgage insurance (not modelled) |
| 10% | $2,183 | $169,389 | needs mortgage insurance (not modelled) |
| 20% | $1,940 | $154,838 | 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%$1,940/mo
- Today, posted2026-10-28 · 6.19%$2,304/mo
- 5 years ago2021-11-03 · 4.79%$2,010/mo
- 10 years ago2016-11-02 · 4.64%$1,980/mo
At 6.19% — five years ago — the same mortgage would have cost $364 more each month than at today's posted rate.
Principal & interest only: $351,200 (80% of the $439,000 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 16 active
Priced at the 69th percentile of active Deer Lake homes
$179/sqft — city median $149/sqft.
Errand score
walk-time weighted
41
grocery 600 m, school 190 m
Nearest errand: School (school) — 190 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 · 190 mSchool
- Grocery nearby?Yes · 600 mFoodland
- 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
$1,970/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
$204/mo
Principal & interest $0 + property tax $204 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-548
NOI / month
$-548
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $204 | $2,437 |
| Expenses | $345 | $4,140 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-548 | $-6,576 |
| NOI | $-548 | $-6,576 |
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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