2 Viking Drive
Pouch Cove, NL, A1K1C8
List price
$275,000
About this propertyMLS® 1305282
VIEWINGS ARE AT THE SHOWHOME AT 28 VIKING DRIVE. Welcome to this beautiful brand-new construction home in Pouch Cove, offering 784 sq. ft. of fully developed living space with a thoughtfully designed layout that maximizes both comfort and functionality. The bright, open-concept main floor features modern flooring, contemporary finishes, and a stunning white kitchen complete with stainless steel appliances, ample cabinetry, and stylish countertops. The adjoining living and dining areas create an inviting space for everyday living and entertaining, while a convenient half bath and laundry hookups complete the main level. Downstairs, you'll find two comfortable bedrooms and a beautifully finished full bathroom, offering a practical layout with plenty of natural light. A mini-split heat pump provides added comfort and energy efficiency. Outside, the home is just as appealing, featuring a fully landscaped lot with added privacy being the first house on the street, paved driveway, rear deck, and backyard storage shed. With all the benefits of brand-new construction and nothing left to do but move in, this property is an excellent opportunity for first-time buyers, downsizers, or anyone looking for stylish, low-maintenance living at an affordable price.
Property details
More details
Overview
The home
Systems & utilities
Size & land
Features
Fees & source
Rooms
How this works
Not an architectural plan: each rectangle's width and height are proportional to the listed room dimensions at one shared scale; room positions are not the real layout. Hover or focus a room for its exact size.
2 rooms are grey + dashed at the average size because the listing gives no dimensions. Never compare their size to a coloured room.
Furniture scenes are drawn to the same scale to show what fits: a bed sized to the room (king/queen/double/single) with nightstands and a dresser, bathtub→shower→toilet+vanity by space, sofa + coffee table + armchairs, counter + island, dining set… centred as a group. Placement is illustrative, not the real arrangement.
View rooms as table
| Basement | Bath (# pieces 1-6) Bedroom Bedroom | 4 pcs 9.06 x 9.00 · 82 sqft 11 x 10.09 · 111 sqft |
| Main level | Laundry room Bath (# pieces 1-6) Living room Eat in kitchen | 3.10 x 5.04 · 16 sqft 2 pcs 9.06 x 10.03 · 91 sqft 13.02 x 11.09 · 144 sqft |
Pouch Cove at a glance
Live market stats for Pouch Cove: 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
$240k
Price range
$40k – $1.7M
Typical build
2000
Average size
2,930 sqft
Where Pouch Cove listings are priced
Every active list price in Pouch Cove, grouped into bands.
List price, thousands of $ · 27 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 13 |
| 200–300 | 5 |
| 300–400 | 4 |
| 400–500 | 1 |
| 500–750 | 3 |
| 1M+ | 1 |
How Pouch Cove compares
Median list price against the next biggest markets. Click a row for that area guide.
Neighbourhood scores
Walk, bike, and transit scores for this exact address.
Location, air, flood & taxes
Elevation
100 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · St. John's · updated 10:30 a.m.
Flood & zoning are mapped for St. John's only
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1981–2010
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nothing mapped within 1.5 km of this address yet. Dots appear here once OpenStreetMap coverage reaches it (coverage is thin outside the Avalon).
Nearby & drive routes
0 places shown · OpenStreetMap · OSRM
No amenities mapped within 1.5 km of this address yet. OpenStreetMap coverage is thin outside the Avalon, so nearby shops and schools may not appear here.
Nothing mapped within 1.5 km of this address.
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: $86,178
Closing costs + five years of running costs + 60 mortgage payments on a $275,000 home.
If rates rise 2 points
$16,011 more over five years if the rate is 6.84% instead of 4.84% (P&I only).
Once, at closing
- Land transfer (registration) fee$100 + $0.40 per $100 over $500, capped at $5,000$1,198
- Legal feesest.estimate, your lawyer quotes the exact figure$1,500
- Down payment (20%)$55,000
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$408
- Home insuranceest.estimate, NL range $700–$1,500/yr$1,100
× 5 years = $7,540
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,503 | $100,417 | needs mortgage insurance (not modelled) |
| 10% | $1,424 | $95,671 | needs mortgage insurance (not modelled) |
| 20% | $1,266 | $86,178 | no mortgage insurance |
Estimates, not a quote or an appraisal. Mortgage at 4.84% (lowest bank 5-yr fixed, Ratehub.ca, 2026-11-12), 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. No property tax on record; that line is omitted. 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.
Price ghosts
$/sqft vs 11 active
Priced at the 99th percentile of active Pouch Cove homes
$351/sqft, city median $300/sqft.
Winter warmer
Jan–Mar · estimate
$68/mo
Est. winter heating (heat pump electricity): about $204 for January through March.
Estimate, not an appraisal. heat pump electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 784 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.
More cost & context panels
Rate time machine
same house · same down payment
Same house, same down payment: your payment today at 4.84%lowest bank rate · posted was 6.19%
- Today, lowest bank rate2026-11-12 · 4.84%$1,266/mo
- Today, posted2026-11-04 · 6.19%$1,443/mo
- 5 years ago2021-11-03 · 4.79%$1,259/mo
- 10 years ago2016-11-02 · 4.64%$1,240/mo
At 6.19%, five years ago, the same mortgage would have cost $177 more each month than at today's posted rate.
Principal & interest only: $220,000 (80% of the $275,000 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.
Monthly carrying cost
$1,160/mo
Calculators
Estimate payments and returns before you make an offer, all in one place.
Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Investment calculator
Monthly cash flow
$-344
NOI / month
$-344
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $344 | $4,128 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-344 | $-4,128 |
| NOI | $-344 | $-4,128 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Have a question?
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Talk to Haris
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty