For sale · MLS® 1304655
166 Tamarack Drive
Cormack, NL, A8A2P5
List price
$609,000
Seller's direction · offers
No conveyance of offers until
Monday, November 9 at 1:00 p.m. NST
6
days left
SELLER’S DIRECTION: Offers to be submitted by 1 PM November 9, 2026.
Deadline extracted automatically from the listing remarks — it may be missing, incomplete, or out of date. Always confirm offer terms with the listing brokerage.
About this propertyMLS® 1304655
Welcome to 166–178 Tamarack Drive in Cormack! Built in 2011 and meticulously maintained by its original owners, this beautiful Cape Cod inspired bungalow sits on over 25 acres, with approximately 3 to 4 acres cleared. Surrounded by mature trees, this property offers exceptional privacy, space and country living. A welcoming covered front porch, dormer windows and 211 foot paved driveway add to its appeal. The 1,500 sq. ft. main floor offers convenient one level living with 3 bedrooms and 2 bathrooms. A welcoming entrance with coat closet opens into a spacious living room with cathedral ceiling, flowing into the dining room and custom kitchen featuring classic white cabinetry. Beautiful honey oak flooring is in excellent condition. A separate laundry room is conveniently tucked behind a pocket door. The primary bedroom features a private 3 piece ensuite, while two additional spacious bedrooms and a second 3 piece bathroom are located on the opposite side of the home. The 1,500 sq. ft. basement includes a finished 4th bedroom and 3rd bathroom with Jacuzzi tub. Remaining areas have drywall installed and await ceilings and flooring. With water available for a future kitchen and a separate septic system servicing the basement bathroom, there is potential for additional living accommodations or rental income, subject to approvals. Additional features include an ICF block foundation reaching up to 17 feet, electric and wood furnace heating, heat exchanger, water filtration, UV treatment and water softener. The attached garage offers 12 foot ceilings, a 14 foot door and access to the mudroom and laundry. Over 25 acres, comfortable main floor living and future development potential make this property a wonderful opportunity! SELLER’S DIRECTION: Offers to be submitted by 1 PM November 9, 2026. No presentation before 5 PM November 9, 2026. (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
| Main level | Bath (# pieces 1-6) Laundry room Living room Kitchen Primary Bedroom Bedroom Bedroom | 9x8 · 72 sqft 8x12 · 96 sqft 16.1x18.3 · 295 sqft 14.6x12.2 · 178 sqft 15x13.5 · 203 sqft 12x12 · 144 sqft 13x12.5 · 163 sqft |
The neighbourhood
Cormack at a glance
Live market stats for Cormack — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
6
Median list price
$142k
Price range
$50k – $1.7M
Typical build
1998
Average size
2,217 sqft
Where Cormack listings are priced
Every active list price in Cormack, grouped into bands.
List price, thousands of $ · 6 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 3 |
| 200–300 | 1 |
| 500–750 | 1 |
| 1M+ | 1 |
How Cormack compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
145 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 1 · Low risk · Corner Brook · updated 3:00 p.m.
Flood & zoning are mapped for St. John's only
Property tax
$1,742 / year
≈ $145 / month · assessment year 2026
Climate
Jan -4° · Jul 21°
normal daily high · CORMACK station · 1981–2010
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).
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
$739/mo
Est. winter heating (electricity) — about $2,216 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 3,000 sqft. Severity 1.14× St. John's from the CORMACK 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: $201,891
Closing costs + five years of running costs + 60 mortgage payments on a $609,000 home.
If rates rise 2 points
$34,795 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$2,534
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$121,800
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$4,432
- Property taxfrom the feed$1,742
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $36,370
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $3,196 | $232,170 | needs mortgage insurance (not modelled) |
| 10% | $3,028 | $222,077 | needs mortgage insurance (not modelled) |
| 20% | $2,691 | $201,891 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-03), 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 rate2026-11-03 · 4.44%$2,691/mo
- Today, posted2026-10-28 · 6.19%$3,196/mo
- 5 years ago2021-11-03 · 4.79%$2,789/mo
- 10 years ago2016-11-02 · 4.64%$2,747/mo
At 6.19% — five years ago — the same mortgage would have cost $504 more each month than at today's posted rate.
Principal & interest only: $487,200 (80% of the $609,000 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
$2,596/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
$146/mo
Principal & interest $0 + property tax $146 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-761
NOI / month
$-761
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $146 | $1,742 |
| Expenses | $616 | $7,392 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-761 | $-9,132 |
| NOI | $-761 | $-9,132 |
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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