For sale · MLS® 1305066
78 Thorburn Road Unit#207
St. John's, NL, A1B3M3
List price
$194,500
About this propertyMLS® 1305066
Modern, cozy condo within walking distance to MUN, Health Sciences Center, the Janeway, Waterford Hospital, the Avalon Mall, Botanical Gardens and the Kenmount Road, O'Leary Ave and Pippy Place business districts and numerous restaurants, take-outs, coffee shops, gas stations and recreation. It has easy access to the Outer Ring Road and Team Gushue Highway and there is a Metro bus stop right out in front of the building on both sides of the road. This main floor, two bedroom condo features hardwood floors, modern birch shaker style kitchen cabinets with fridge, stove and dishwasher, headers and crown moldings, hardwood and ceramics throughout and bathroom with ceramic tiles. The building is secure, has a large, commercial laundry area and a 4' x 4' storage locker located on the bsmt level and one designated parking spot with plenty of visitors spaces for family, friends and guests. This condo offers a wonderful opportunity for the first time home buyer to enter the market and get started as a homeowner, or for someone looking to downsize or a great opportunity for those attending university or even as a solid, long term investment property to add to your portfolio. Whether you are curling up in your favorite chair with a great book, hosting dinner parties with your besties or converting the second bedroom into your den/study or gaming room, you'll be enjoying life as you pictured it. Experience the joys of homeownership, the peace of mind that comes with living in a safe & secure environment and the freedom and lifestyle of condominium living. Condo fees include building insurance, snow clearing, grounds - general maintenance & upkeep, laundry and professional property management. Professionally painted and most new cabinet doors replaced with new.- fresh, clean and modern ! Nothing left for you to do but move in and enjoy ! Check out 3D tour attached! Make this Thorburn Terrace Condominium YOUR new sanctuary !! ! Inquire today ! (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 | Storage | 4 X 4 · 16 sqft |
| Main level | Bedroom Primary Bedroom Bath (# pieces 1-6) Kitchen Eating area Living room | 9 X 7 · 63 sqft 9. 5 X 9.5 7.5 X 7 · 53 sqft 8 X 7 · 56 sqft 12 X 12 · 144 sqft 13 X 10 · 130 sqft |
The neighbourhood
St. John's at a glance
Live market stats for St. John's — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
455
Median list price
$400k
Price range
$1.4k – $4.3M
Typical build
1975
Average size
3,620 sqft
Where St. John's listings are priced
Every active list price in St. John's, grouped into bands.
List price, thousands of $ · 384 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 40 |
| 200–300 | 54 |
| 300–400 | 104 |
| 400–500 | 53 |
| 500–750 | 67 |
| 750–1M | 31 |
| 1M+ | 35 |
How St. John's compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Flood (100-yr)
outside the mapped floodplain
Zoning
0.58 ha parcel
Elevation
100 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.
Property tax
$1,311 / year
≈ $109 / 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
46 places shown · 3 routes · OpenStreetMap · OSRM
- 7 min to downtown St. John's4 km
- 6 min to Memorial University3.2 km
- 14 min to Avalon Mall13.4 km
Schools 11
Health 3
Groceries 7
Cafés 5
Parks 3
Bus stops 17
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
$151/mo
Est. winter heating (electricity) — about $453 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 696 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: $70,536
Closing costs + five years of running costs + 60 mortgage payments on a $194,500 home.
If rates rise 2 points
$11,113 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$876
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$38,900
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$906
- Property taxfrom the feed$1,311
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $16,585
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,021 | $80,206 | needs mortgage insurance (not modelled) |
| 10% | $967 | $76,983 | needs mortgage insurance (not modelled) |
| 20% | $860 | $70,536 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-06), 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 rate2026-11-06 · 4.44%$860/mo
- Today, posted2026-11-04 · 6.19%$1,021/mo
- 5 years ago2021-11-03 · 4.79%$891/mo
- 10 years ago2016-11-02 · 4.64%$877/mo
At 6.19% — five years ago — the same mortgage would have cost $161 more each month than at today's posted rate.
Principal & interest only: $155,600 (80% of the $194,500 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 326 active
Priced at the 85th percentile of active St. John's homes
$279/sqft — city median $192/sqft.
Errand score
walk-time weighted
61
grocery 120 m, school 350 m
Nearest errand: Thorburn Rd - Thornlea Manor (bus stop) — 60 m, about 1 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 · 5 questions
- School within 1 km?Yes · 350 mLeary's Brook Junior High
- Grocery nearby?Yes · 120 mGrocery store
- Bus stop?Yes · 60 mThorburn Rd - Thornlea Manor
- In the 100-year floodplain?No — outside itCity of St. John's flood map
- Zoning?A2 — Agriculture0.58 ha parcel
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
$1,242/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
$110/mo
Principal & interest $0 + property tax $110 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-243
NOI / month
$-243
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $110 | $1,311 |
| Expenses | $134 | $1,608 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-243 | $-2,916 |
| NOI | $-243 | $-2,916 |
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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