For sale · MLS® 1304549
101 Main Road
Renews, NL, A0A3N0
List price
$299,000
About this propertyMLS® 1304549
OCEAN VIEW BUTTER POT PROPERTY!Restoration of this home started in 2015 where the property was stripped down to its original state and restored including all electrical, plumbing, flooring, windows, doors and roof. This unique home has been featured in East Coast Living Magazine. The property features an open design kitchen with center island and pantry as well as a separate dining/library/ sitting room off the kitchen, a ground floor bright cheerful guest bedroom, and bathroom with a walk-in shower and laundry area. The Butter pot's second floor is the master bedroom and is an absolute dream space, with a second bathroom and a work space overlooking the garden area which could also be a third bedroom. Looking out through the symmetrical window at the local structures gives the sense of history,a real feeling of how people lived,and a respect for the ancestors can be visioned. Lots of cozy nooks for reading and relaxing in this home. From the Main floor you can venture to the large rear yard where you will find a beautiful open design studio space with high ceilings and skylight with an abundance of natural light. Great for entertaining, doing your favorite hobby or just for relaxation. Built in 2017 with 288 sq ft of space with water , electricity and is insulated. There is a spacious shed and greenhouse and outdoor shower on site.Relax and enjoy the sounds of the nearby river while gazing at all the Atlantic Ocean as to offer. This property is a few minute's walk to the local beach at the edge of the Atlantic and the Renews dock is nearby. Come enjoy peace and solitude in this quaint community where your neighbors are awesome. Own your own little piece of Heaven! Note modern appliances and some furnishings included. (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 | Bedroom Bath (# pieces 1-6) Primary Bedroom | 10x8.3 · 83 sqft 3 pc 20x15.3 · 306 sqft |
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Living room Dining room Kitchen | 4x5 · 20 sqft 3 PC 15.9x10 · 159 sqft 8.3x15.5 · 129 sqft 15.3x59 · 903 sqft 12.6x10 · 126 sqft |
The neighbourhood
Renews at a glance
Live market stats for Renews — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
3
Median list price
$280k
Price range
$21k – $299k
Typical build
1965
Average size
2,040 sqft
Where Renews listings are priced
Every active list price in Renews, grouped into bands.
List price, thousands of $ · 3 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 1 |
| 200–300 | 2 |
How Renews compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
19 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.
Flood & zoning are mapped for St. John's only
Property tax
$465 / year
≈ $39 / month
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nothing mapped within 1.5 km of this address yet — dots appear here once OpenStreetMap coverage reaches it (coverage is thin outside the Avalon).
Nearby & drive routes
0 places shown · OpenStreetMap · OSRM
No amenities mapped within 1.5 km of this address yet — OpenStreetMap coverage is thin outside the Avalon, so nearby shops and schools may not appear here.
Nothing mapped within 1.5 km of this address.
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
$292/mo
Est. winter heating (electricity) — about $875 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 1,345 sqft. Climate severity defaults to the St. John's normal (no station nearby). Jan–Mar only; excludes HST, hot water, cooking and any cooling.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $98,654
Closing costs + five years of running costs + 60 mortgage payments on a $299,000 home.
If rates rise 2 points
$17,083 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$1,294
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$59,800
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,750
- Property taxfrom the feed$465
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $16,575
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,569 | $113,520 | needs mortgage insurance (not modelled) |
| 10% | $1,487 | $108,565 | needs mortgage insurance (not modelled) |
| 20% | $1,321 | $98,654 | 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%$1,321/mo
- Today, posted2026-10-28 · 6.19%$1,569/mo
- 5 years ago2021-11-03 · 4.79%$1,369/mo
- 10 years ago2016-11-02 · 4.64%$1,349/mo
At 6.19% — five years ago — the same mortgage would have cost $248 more each month than at today's posted rate.
Principal & interest only: $239,200 (80% of the $299,000 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.
Monthly carrying cost
$1,242/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
$39/mo
Principal & interest $0 + property tax $39 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-373
NOI / month
$-373
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $39 | $465 |
| Expenses | $335 | $4,020 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-373 | $-4,476 |
| NOI | $-373 | $-4,476 |
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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