For sale · MLS® 1305050
23 Main Road
Ivany's Cove, NL, A0E2A0
List price
$329,000
About this propertyMLS® 1305050
Enjoy beautiful ocean views and waterfront living in the quiet community of Ivany's Cove! Only 15 minutes from the town of Clarenville, you can enjoy all the amenities that Clarenville has to offer without the big tax bill. This inviting property offers a versatile layout featuring two bedrooms, a beautiful kitchen, dining room & large living room as well as laundry & full bath all on the main level. This home also comes equipped with a separate one-bedroom in-law suite, with its own private entrance providing excellent potential for extended family, guests, or additional rental income. Take in the stunning ocean views from the privacy of your back deck and enjoy the 24' X 32' detached garage that provides additional storage for your recreational vehicles and equipment. Whether you're looking for a family home, an opportunity for rental income, or a property where you can enjoy the beauty of the coastline, this property offers plenty of possibilities. Don't miss your opportunity to enjoy all that waterfront living in Ivany's Cove has to offer! (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
| Basement | Bath (# pieces 1-6) Not known | 2 pc 20.7 x 18.5 · 383 sqft |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Kitchen Dining room Living room | 4 pc 10.5 x 10.8 · 113 sqft 10.10 x 15.9 · 161 sqft 10.9 x 14 · 153 sqft 10.3 x 12.8 · 132 sqft 18.10 x 17.10 · 310 sqft |
The neighbourhood
Ivany's Cove at a glance
Live market stats for Ivany's Cove — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
2
Median list price
$182k
Price range
$35k – $329k
Typical build
1984
Average size
2,436 sqft
Where Ivany's Cove listings are priced
Every active list price in Ivany's Cove, grouped into bands.
List price, thousands of $ · 2 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 1 |
| 300–400 | 1 |
How Ivany's Cove compares
Median list price against the next biggest markets — click a row for that area guide.
Ivany's Covenearby markets
Neighbourhood scores
Walk, bike, and transit for this exact address.
The essentials
Location, air, flood & taxes
Elevation
17 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
$500 / year
≈ $42 / month · assessment year 2026
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
$528/mo
Est. winter heating (electricity) — about $1,585 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 2,436 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: $114,004
Closing costs + five years of running costs + 60 mortgage payments on a $329,000 home.
If rates rise 2 points
$18,797 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$1,414
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$65,800
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$3,170
- Property taxfrom the feed$500
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $23,850
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,727 | $130,362 | needs mortgage insurance (not modelled) |
| 10% | $1,636 | $124,909 | needs mortgage insurance (not modelled) |
| 20% | $1,454 | $114,004 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-04), 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 rate2026-11-04 · 4.44%$1,454/mo
- Today, posted2026-11-04 · 6.19%$1,727/mo
- 5 years ago2021-11-03 · 4.79%$1,507/mo
- 10 years ago2016-11-02 · 4.64%$1,484/mo
At 6.19% — five years ago — the same mortgage would have cost $272 more each month than at today's posted rate.
Principal & interest only: $263,200 (80% of the $329,000 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 2026-11-04. 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
$1,366/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
$42/mo
Principal & interest $0 + property tax $42 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-411
NOI / month
$-411
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $42 | $500 |
| Expenses | $370 | $4,440 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-411 | $-4,932 |
| NOI | $-411 | $-4,932 |
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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