About this propertyMLS® 1305165
Enjoy the best of both worlds in beautiful Torbay! Located in a welcoming, family-friendly neighbourhood, this home offers the appeal of an older home with traditional Newfoundland character. As the oldest home on the street, it holds a special sense of history, all while being only 10 minutes from St. John’s! With gorgeous ocean and cliffside views along the nearby East Coast Trail, beautiful Middle Cove Beach within walking distance, and a playground across the street, you can enjoy the peaceful atmosphere of this beautiful community without sacrificing the convenience of city living. Offering 4 bedrooms and 1.5 bathrooms, this home provides comfortable space for the whole family. The spacious kitchen offers plenty of room for cooking and everyday family life. Conveniently, there is also a space on the main floor that could be used as a home office, art room, or hobby space. The primary bedroom features its own convenient half bathroom and private balcony, perfect for unwinding and enjoying the surroundings, with ocean views to take in from both the balcony and the bedroom window. A second deck on the side of the home offers additional outdoor space to relax and enjoy the fresh air. Outside, you’ll also find nicely landscaped grounds, a backyard with room for family gatherings, summer barbecues, or gardening, along with a good-sized shed for extra storage. For buyers looking to add their own personal touch, this home offers the opportunity to complete some cosmetic updates and make it their own. If you’re looking for outdoor adventure at your doorstep, the convenience of being close to St. John’s, and the peaceful atmosphere and small-town feel of Torbay, all at an affordable price, this home might just be the one for you! (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
| Main level | Den Family room/Fireplace Not known Laundry room Kitchen | 10.5 X 13.6 · 143 sqft 13.60 X 13.00 · 177 sqft 8.50 X 7.60 · 65 sqft 7.7 X 9.2 · 71 sqft 12.9 X 12.10 · 156 sqft |
| Second level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Bedroom Primary Bedroom | 3 X 6.7 · 20 sqft 8 X 6.2 · 50 sqft 10.80 X11.30 · 122 sqft 11.40 X 8.60 · 98 sqft 9.10 X 11.10 · 101 sqft 11.40 X 13.90 · 158 sqft |
The neighbourhood
Torbay at a glance
Live market stats for Torbay — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
67
Median list price
$325k
Price range
$15k – $2.9M
Typical build
1995
Average size
2,719 sqft
Where Torbay listings are priced
Every active list price in Torbay, grouped into bands.
List price, thousands of $ · 66 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 21 |
| 200–300 | 12 |
| 300–400 | 4 |
| 400–500 | 5 |
| 500–750 | 16 |
| 750–1M | 4 |
| 1M+ | 4 |
How Torbay compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
52 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · St. John's · updated 7:00 p.m.
Flood & zoning are mapped for St. John's only
Property tax
$2,300 / year
≈ $192 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1981–2010
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
11 places shown · 3 routes · OpenStreetMap · OSRM
- 20 min to downtown St. John's14.7 km
- 16 min to Memorial University11.3 km
- 17 min to Avalon Mall12.8 km
Schools 9
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.
Winter warmer
Jan–Mar · estimate
$625/mo
Est. winter heating (heating oil) — about $1,876 for January through March.
Estimate — not an appraisal. heating oil at $2.11/L (PUC max, Zone 1ANE, Oct 31 2026, pre-tax). 1,866 sqft. Severity 1.00× St. John's from the ST JOHN'S A station 1981–2010 normal. Jan–Mar only; excludes HST, hot water, cooking and any cooling.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $112,456
Closing costs + five years of running costs + 60 mortgage payments on a $279,000 home.
If rates rise 2 points
$15,941 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$1,214
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$55,800
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$3,752
- Property taxfrom the feed$2,300
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $35,760
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,464 | $126,327 | needs mortgage insurance (not modelled) |
| 10% | $1,387 | $121,703 | needs mortgage insurance (not modelled) |
| 20% | $1,233 | $112,456 | 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%$1,233/mo
- Today, posted2026-11-04 · 6.19%$1,464/mo
- 5 years ago2021-11-03 · 4.79%$1,278/mo
- 10 years ago2016-11-02 · 4.64%$1,258/mo
At 6.19% — five years ago — the same mortgage would have cost $231 more each month than at today's posted rate.
Principal & interest only: $223,200 (80% of the $279,000 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 31 active
Priced at the 16th percentile of active Torbay homes
$150/sqft — city median $208/sqft.
Errand score
walk-time weighted
17
grocery 1.1 km, school 640 m
Nearest errand: School (school) — 640 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 · 640 mSchool
- Grocery nearby?Yes · 1.1 kmKillick Coast Variety and Convenience Store
- 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
$1,315/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
$192/mo
Principal & interest $0 + property tax $192 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-348
NOI / month
$-348
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $192 | $2,300 |
| Expenses | $157 | $1,884 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-348 | $-4,176 |
| NOI | $-348 | $-4,176 |
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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