For sale · MLS® 1305018
61 Rollling Cove Road
Bonavista, NL, A0C1B0
List price
$225,000
About this propertyMLS® 1305018
Discover your haven in one of the rarest places in the world. Welcome to this stunning 2-bedroom, 2.5-bathroom home nestled in the heart of historic Bonavista, Newfoundland. Here, breathtaking natural beauty meet modern comforts. Cafes, shops, local artists, everything. From the moment you arrive, you'll be captivated by the sweeping views that stretch across the water, offering front-row seats to nature's greatest show. Watch majestic whales pass by from your front deck, side deck, or through any of the front-facing windows - including the primary bedroom. Making every morning you wake, a truly unforgettable experience. Step inside to discover a thoughtfully designed interior featuring white cabinetry and stainless steel appliances that bring a bright, clean aesthetic to the kitchen. A generous sit-up island comfortably seats three, making it the perfect gathering spot for family meals, morning coffee, or entertaining guests. The primary bedroom is treat, complete with a spacious walk-in closet and a private 3-piece ensuite, all while enjoying those same spectacular ocean views that make this home so unique. The main bathroom boasts a relaxing jacuzzi tub, ideal for unwinding after a day exploring Bonavistas rich heritage and coastline. Additional features include a convenient half bath in the undeveloped basement, and outside you'll find a practical storage shed equipped with a ramp and garage door, perfect for storing gear, equipment, or recreational equipment year-round. Whether you're looking for a peaceful full-time residence or a one-of-a-kind coastal retreat, this property delivers the perfect blend of character, comfort, and awe-inspiring scenery in one of Newfoundland's most beloved historic communities. Homes like this genuinely don't come along often, given that it is a newer home offering such peace of mind for years to come in such a historic town. Your Bonavista adventure starts here. (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) | 6x8 · 48 sqft |
| Main level | Laundry room Living room/Dining room Kitchen Ensuite Bath (# pieces 1-6) Bedroom Primary Bedroom | 6x8 · 48 sqft 16x28 · 448 sqft 8x14 · 112 sqft 4x8 · 32 sqft 9x12 · 108 sqft 10x10 · 100 sqft 12x10 · 120 sqft |
The neighbourhood
Bonavista at a glance
Live market stats for Bonavista — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
27
Median list price
$250k
Price range
$16k – $599k
Typical build
1971
Average size
1,540 sqft
Where Bonavista listings are priced
Every active list price in Bonavista, grouped into bands.
List price, thousands of $ · 27 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 11 |
| 200–300 | 7 |
| 300–400 | 6 |
| 400–500 | 1 |
| 500–750 | 2 |
How Bonavista compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
1 m
0300 mmetres above sea level
Flood, zoning & air quality are mapped for St. John's only
Property tax
$1,434 / year
≈ $120 / month
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
18 places shown · OpenStreetMap · OSRM
Schools 4
Health 1
Groceries 8
Cafés 5
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
$260/mo
Est. winter heating (electricity) — about $781 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 1,200 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: $82,641
Closing costs + five years of running costs + 60 mortgage payments on a $225,000 home.
If rates rise 2 points
$12,855 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$998
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$45,000
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$1,562
- Property taxfrom the feed$1,434
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $20,480
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,181 | $93,827 | needs mortgage insurance (not modelled) |
| 10% | $1,119 | $90,099 | needs mortgage insurance (not modelled) |
| 20% | $994 | $82,641 | 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%$994/mo
- Today, posted2026-11-04 · 6.19%$1,181/mo
- 5 years ago2021-11-03 · 4.79%$1,030/mo
- 10 years ago2016-11-02 · 4.64%$1,015/mo
At 6.19% — five years ago — the same mortgage would have cost $186 more each month than at today's posted rate.
Principal & interest only: $180,000 (80% of the $225,000 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.
Price ghosts
$/sqft vs 22 active
Priced at the 68th percentile of active Bonavista homes
$188/sqft — city median $149/sqft.
Errand score
walk-time weighted
29
grocery 480 m, school 650 m
Nearest errand: The Quintal Café (café) — 330 m, about 4 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 mDiscovery Collegiate (Bonavista)
- Grocery nearby?Yes · 480 mSwyers Fresh Food
- 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
$1,025/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
$120/mo
Principal & interest $0 + property tax $120 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-281
NOI / month
$-281
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $120 | $1,434 |
| Expenses | $162 | $1,944 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-281 | $-3,372 |
| NOI | $-281 | $-3,372 |
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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