For sale · MLS® 1305029
5 Walters Lane
Channel-Port aux Basques, NL, A0M1C0
List price
$74,900
About this propertyMLS® 1305029
Traditional Saltbox Charm in Downtown Channel-Port aux Basques! Welcome to this cozy two-bedroom, two-storey home located in the heart of downtown Channel-Port aux Basques. Full of traditional charm and character, this property offers convenient access to shopping, the pharmacy, medical offices, and other local amenities. Just a short distance from the community wharf and slipway, it's an ideal opportunity for those who appreciate the convenience of downtown living. Whether you're a first-time homebuyer looking for an affordable starter home, looking to downsize, or searching for an income property, this home offers plenty of potential. As an added bonus, the property can come fully furnished with the current furnishings, if desired, making it an easy move-in or rental opportunity. Full of charm, conveniently located, and priced to sell! Don't miss your opportunity to make this property your own. (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 Bedroom Bath (# pieces 1-6) | 9x12 · 108 sqft 8x10 · 80 sqft 6x8 · 48 sqft |
| Main level | Porch Living room Eat in kitchen | 8x10 · 80 sqft 9x15 · 135 sqft 15x9 · 135 sqft |
The neighbourhood
Channel-Port aux Basques at a glance
Live market stats for Channel-Port aux Basques — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
28
Median list price
$165k
Price range
$16k – $3.5M
Typical build
1969
Average size
3,811 sqft
Where Channel-Port aux Basques listings are priced
Every active list price in Channel-Port aux Basques, grouped into bands.
List price, thousands of $ · 28 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 18 |
| 200–300 | 4 |
| 300–400 | 4 |
| 1M+ | 2 |
How Channel-Port aux Basques compares
Median list price against the next biggest markets — click a row for that area guide.
Channel-Port aux Basquesnearby markets
Neighbourhood scores
Walk, bike, and transit for this exact address.
The essentials
Location, air, flood & taxes
Elevation
0 m
0300 mmetres above sea level
Flood, zoning & air quality are mapped for St. John's only
Property tax
$578 / year
≈ $48 / month
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Schools 1
Groceries 1
Parks 2
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
$295/mo
Est. winter heating (heating oil) — about $885 for January through March.
Estimate — not an appraisal. heating oil at $2.11/L (PUC max, Zone 1ANE, Oct 31 2026, pre-tax). 880 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: $38,999
Closing costs + five years of running costs + 60 mortgage payments on a $74,900 home.
If rates rise 2 points
$4,279 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$398
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$14,980
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,770
- Property taxfrom the feed$578
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $17,240
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $393 | $42,723 | needs mortgage insurance (not modelled) |
| 10% | $372 | $41,482 | needs mortgage insurance (not modelled) |
| 20% | $331 | $38,999 | 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%$331/mo
- Today, posted2026-10-28 · 6.19%$393/mo
- 5 years ago2021-11-03 · 4.79%$343/mo
- 10 years ago2016-11-02 · 4.64%$338/mo
At 6.19% — five years ago — the same mortgage would have cost $62 more each month than at today's posted rate.
Principal & interest only: $59,920 (80% of the $74,900 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 23 active
Priced at the 35th percentile of active Channel-Port aux Basques homes
$85/sqft — city median $98/sqft.
Errand score
walk-time weighted
34
grocery 250 m, school 740 m
Nearest errand: Colemans Food Centre (grocery) — 250 m, about 3 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 · 740 mSchool
- Grocery nearby?Yes · 250 mColemans Food Centre
- 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
$350/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
$49/mo
Principal & interest $0 + property tax $49 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-93
NOI / month
$-93
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $49 | $578 |
| Expenses | $45 | $540 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-93 | $-1,116 |
| NOI | $-93 | $-1,116 |
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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