For sale · MLS® 1304921
6 Marie Place
Portugal Cove-St. Philip's, NL, A1M0J2
List price
$1,097,859
About this propertyMLS® 1304921
WATERFRONT LIVING ON BUTLERS POND. Welcome to Water’s Edge, discover modern living in the new subdivision of Water's Edge in scenic Portugal Cove–St. Philip’s. This impressive newly constructed two-storey home offers the perfect combination of space, comfort and design all in pond front setting. Featuring four spacious sized bedrooms and a bright, open-concept main floor featuring an inviting kitchen and dining area—perfect for both everyday living and entertaining. The home includes three full bathrooms plus a convenient powder room, a custom wood staircase, and a single-head mini-split for efficient heating and cooling. Additional highlights include an attached double-car garage, a front deck, and full landscaping with a double-wide paved driveway. Built with care and attention to detail by YORK Developments, this quality home combines modern comfort with timeless design in a sought-after location. Don’t miss your opportunity to own in this exceptional new community ON BUTLER'S POND. (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 | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Bedroom Ensuite Primary Bedroom | 7x6 · 42 sqft 8x9 · 72 sqft 11x12 · 132 sqft 10.6x10.6 · 112 sqft 5.4x9.10 · 49 sqft 13x13 · 169 sqft 11.4x12 · 137 sqft 17X13 · 221 sqft |
| Main level | Mud room Not known Den Living room Dining room Kitchen | 7X8.3 · 58 sqft 8X8 · 64 sqft 14x13 · 182 sqft 18X13 · 234 sqft 17X19 · 323 sqft 20X10.4 · 208 sqft |
The neighbourhood
Portugal Cove-St. Philip's at a glance
Live market stats for Portugal Cove-St. Philip's — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
65
Median list price
$385k
Price range
$35k – $1.2M
Typical build
2000
Average size
3,059 sqft
Where Portugal Cove-St. Philip's listings are priced
Every active list price in Portugal Cove-St. Philip's, grouped into bands.
List price, thousands of $ · 65 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 19 |
| 200–300 | 8 |
| 300–400 | 7 |
| 400–500 | 9 |
| 500–750 | 10 |
| 750–1M | 8 |
| 1M+ | 4 |
How Portugal Cove-St. Philip's compares
Median list price against the next biggest markets — click a row for that area guide.
Portugal Cove-St. Philip'snearby markets
Neighbourhood scores
Walk, bike, and transit for this exact address.
The essentials
Location, air, flood & taxes
Flood (100-yr)
outside the mapped floodplain
Elevation
158 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · St. John's · updated 10:00 p.m.
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
2 places shown · 3 routes · OpenStreetMap · OSRM
- 17 min to downtown St. John's13.3 km
- 14 min to Memorial University11.2 km
- 4 min to Avalon Mall3.1 km
Groceries 1
Cafés 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
$882/mo
Est. winter heating (electricity) — about $2,647 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 4,068 sqft. Severity 1.00× St. John's from the ST JOHN'S 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: $329,076
Closing costs + five years of running costs + 60 mortgage payments on a $1,097,859 home.
If rates rise 2 points
$62,726 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$4,490
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$219,572
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$5,294
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $31,970
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $5,762 | $383,661 | needs mortgage insurance (not modelled) |
| 10% | $5,458 | $365,466 | needs mortgage insurance (not modelled) |
| 20% | $4,852 | $329,076 | 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. No property tax on record — that line is omitted. 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%$4,852/mo
- Today, posted2026-10-28 · 6.19%$5,761/mo
- 5 years ago2021-11-03 · 4.79%$5,027/mo
- 10 years ago2016-11-02 · 4.64%$4,952/mo
At 6.19% — five years ago — the same mortgage would have cost $909 more each month than at today's posted rate.
Principal & interest only: $878,287 (80% of the $1,097,859 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 34 active
Priced at the 94th percentile of active Portugal Cove-St. Philip's homes
$270/sqft — city median $224/sqft.
Errand score
walk-time weighted
10
grocery 1.1 km
Nearest errand: The Grounds (café) — 480 m, about 6 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 · 4 questions
- School within 1 km?No school mapped within 1 km
- Grocery nearby?Yes · 1.1 kmTriple D Video / Sears Pickup Location
- Bus stop?No bus stop mapped within 800 m
- In the 100-year floodplain?No — outside itCity of St. John's flood map
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
$4,419/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
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-1,373
NOI / month
$-1,373
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $1,373 | $16,476 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-1,373 | $-16,476 |
| NOI | $-1,373 | $-16,476 |
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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