For sale · MLS® 1305155
18 Main Street
Little Bay, NL, A0J1J0
List price
$59,900
About this propertyMLS® 1305155
Welcome to 18 Main Street, Little Bay! Nestled in the heart of rural Newfoundland, this 3-bedroom, 1-bathroom home offers a fantastic opportunity for anyone looking for a fixer-upper with plenty of potential! Situated in a quiet, peaceful community surrounded by beautiful scenery, this property is ideal for those looking to escape the hustle and bustle and enjoy the slower pace of rural living. The home features a poured concrete foundation, electric baseboard heating, and shingles replaced in 2014. Conveniently located just a short drive from Springdale, you’ll enjoy the tranquillity of small-town living while still being within reach of everyday amenities. Whether you’re a first-time buyer looking for a project, a handyman ready to bring new life to a property, or an investor searching for your next opportunity, this home offers plenty of possibilities. With some TLC and a little vision, 18 Main Street could become something special. Don’t miss your chance to unlock its potential! (id:56688)
Specifications
Property details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Room by room
Rooms
| Main level | Utility room Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Eat in kitchen Porch | 6.6 x 4.9 ft 10.3 x 7.5 ft 7.9 x 7.2 ft 8.9 x 8.2 ft 13 x 12.2 ft 13 x 9 ft 7.9 x 4.3 ft |
| Basement | Bedroom | 11 x 8.2 ft |
The neighbourhood
Little Bay at a glance
Live market stats for Little Bay — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
4
Median list price
$179k
Price range
$60k – $299k
Typical build
1975
Average size
1,623 sqft
Where Little Bay listings are priced
Every active list price in Little Bay, grouped into bands.
List price, thousands of $ · 4 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 3 |
| 200–300 | 1 |
How Little Bay compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
31 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · Grand Falls - Windsor · updated 10:00 p.m.
Flood & zoning are mapped for St. John's only
Property tax
$575 / year
≈ $48 / month · assessment year 2026
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
2 places shown · OpenStreetMap · OSRM
Schools 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
$154/mo
Est. winter heating (electricity) — about $461 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 708 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: $30,707
Closing costs + five years of running costs + 60 mortgage payments on a $59,900 home.
If rates rise 2 points
$3,422 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$338
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$11,980
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$922
- Property taxfrom the feed$575
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $12,985
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $314 | $33,685 | needs mortgage insurance (not modelled) |
| 10% | $298 | $32,692 | needs mortgage insurance (not modelled) |
| 20% | $265 | $30,707 | 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%$265/mo
- Today, posted2026-11-04 · 6.19%$314/mo
- 5 years ago2021-11-03 · 4.79%$274/mo
- 10 years ago2016-11-02 · 4.64%$270/mo
At 6.19% — five years ago — the same mortgage would have cost $50 more each month than at today's posted rate.
Principal & interest only: $47,920 (80% of the $59,900 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 2026-11-04. 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.
Errand score
walk-time weighted
9
school 650 m
Nearest errand: School (school) — 650 m, about 8 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 · 650 mSchool
- Grocery nearby?No grocery mapped within 1.5 km
- 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
$289/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
$48/mo
Principal & interest $0 + property tax $48 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-74
NOI / month
$-74
Cap rate
-1.48%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $48 | $575 |
| Expenses | $27 | $324 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-74 | $-888 |
| NOI | $-74 | $-888 |
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
Your details go straight to Haris — never shared, never spammed.