For sale · MLS® 1305080
104-108 Highway East
Victoria, NL, A0A4G0
List price
$60,000
About this propertyMLS® 1305080
Tired of waiting for the right house to hit the market? Have you always wanted to live in a new build? Are you wanting to secure a spot back home for when you return to the province? Whatever the reason, why not let this parcel of land be your option! This approximate 1.6 acres will allow you to build a lovely home that will suit your needs in this pretty, treed location with lots of space for backyard hobbies. Or should you need a smaller lot, check out our listing for 94-96 Highway East that will offer you approximately .40 of an acre. This thriving little community of Victoria, in Conception Bay North, on the Avalon Peninsula will provide you with all the neighborliness and peacefulness that comes with rural living. You can enjoy walking & hiking in general or enjoy the scenery as you walk around the many ponds or along the old railway tracks that now make for wonderful hiking trails. Use the boardwalk around Gully’s Pond. Visit Heritage Village. Learn about the second oldest Hydro Electric Plant. Picnic & swim at nearby Salmon Cove Sands. There’s lots for you to do while staying healthy and fit. Check out the Town’s website for lots of information about the community and its history and attractions. In addition, all the amenities you could possibly need for everyday living will be right on your doorstep in Victoria, itself, or just a stone’s throw away in Carbonear; shopping, sports, recreation, restaurants, schools (with the elementary one being right in Victoria), churches, hospital, pet care, legal offices, etc., providing not only the amenities but many opportunities for employment. And just an hour or so, will take you to St. John’s, when you feel the need for a day in the city. The best of all worlds! Cause for contemplation, for sure! So…get your house plans ready and we’ll be waiting to take your call! (Please Note: Municipal services of water and sewer run along Highway East. All permits and applications will be the responsibility of the Purchaser.) (id:56688)
Specifications
Property details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Room by room
Rooms
The neighbourhood
Victoria at a glance
Live market stats for Victoria — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
14
Median list price
$135k
Price range
$30k – $800k
Typical build
1980
Average size
2,143 sqft
Where Victoria listings are priced
Every active list price in Victoria, grouped into bands.
List price, thousands of $ · 14 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 12 |
| 200–300 | 1 |
| 750–1M | 1 |
How Victoria compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
63 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · St. John's · updated 2:00 p.m.
Flood & zoning are mapped for St. John's only
Property tax
$350 / year
≈ $29 / month · assessment year 2026
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
4 places shown · 3 routes · OpenStreetMap · OSRM
- 91 min to downtown St. John's114.9 km
- 91 min to Memorial University113.7 km
- 96 min to Avalon Mall120.4 km
Schools 2
Groceries 1
Parks 1
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.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $33,128
Closing costs + five years of running costs + 60 mortgage payments on a $60,000 home.
If rates rise 2 points
$3,428 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%)$12,000
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,626
- Property taxfrom the feed$350
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $15,380
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $315 | $36,111 | needs mortgage insurance (not modelled) |
| 10% | $298 | $35,117 | needs mortgage insurance (not modelled) |
| 20% | $265 | $33,128 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-05), 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 rate2026-11-05 · 4.44%$265/mo
- Today, posted2026-11-04 · 6.19%$315/mo
- 5 years ago2021-11-03 · 4.79%$275/mo
- 10 years ago2016-11-02 · 4.64%$271/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: $48,000 (80% of the $60,000 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.
Errand score
walk-time weighted
17
grocery 1.0 km, school 720 m
Nearest errand: Persalvic Elementary School (school) — 720 m, about 9 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 · 720 mPersalvic Elementary School
- Grocery nearby?Yes · 1.0 kmClarkes Supply Ltd
- 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
$271/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
$30/mo
Principal & interest $0 + property tax $30 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-29
NOI / month
$-29
Cap rate
-0.58%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $30 | $350 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-29 | $-348 |
| NOI | $-29 | $-348 |
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.