43 Elizabeth Avenue
Grand Bank, NL, A0E1W0
List price
$105,000
About this propertyMLS® 1305312
Quite possibly the best 950 square feet you could invest in! Welcome to 43 Elizabeth Avenue in Grand Bank—a tidy bungalow that packs a big punch inside and out. With everything on one level, this inviting home offers a bright kitchen, comfortable living room, two bedrooms, one bathroom, and a bonus room ready for your home office, hobbies or overnight guests. A mini-split adds year-round comfort, while the metal roof adds practical appeal. And then there’s the garage! The 12 x 24 detached garage is wired and heated, with a full attic offering generous storage and exciting potential for a party room, hobby retreat or your own creative space. Drive-through access to the fenced backyard adds convenience, and a separate small shed keeps lawn tools neatly tucked away. Buying your first home, downsizing or looking for a Newfoundland home base? This little gem delivers comfort, versatility and plenty of reasons to make your move. Small footprint. Big possibilities!
Property details
More details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
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.
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
| Main level | Office Bedroom Bedroom Living room Kitchen Laundry room Porch | 7.5 x 9.8 · 74 sqft 17.9 x 9.3 · 166 sqft 11.8 x 9.1 · 107 sqft 9.3 x 17.9 · 166 sqft 9.9 x 10.4 · 103 sqft 5.0 x 7.6 · 38 sqft 7.9 x 7.6 · 60 sqft |
Grand Bank at a glance
Live market stats for Grand Bank: what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
9
Median list price
$105k
Price range
$25k – $1.3M
Typical build
1955
Average size
1,609 sqft
Where Grand Bank listings are priced
Every active list price in Grand Bank, grouped into bands.
List price, thousands of $ · 9 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 7 |
| 200–300 | 1 |
| 1M+ | 1 |
How Grand Bank 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
2 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · Burin · updated 10:30 a.m.
Flood & zoning are mapped for St. John's only
Property tax
$1,285 / year
≈ $107 / month · assessment year 2026
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: $45,408
Closing costs + five years of running costs + 60 mortgage payments on a $105,000 home.
If rates rise 2 points
$6,113 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$518
- Legal feesest.estimate, your lawyer quotes the exact figure$1,500
- Down payment (20%)$21,000
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$494
- Property taxfrom the feed$1,285
- Home insuranceest.estimate, NL range $700–$1,500/yr$1,100
× 5 years = $14,395
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $574 | $50,845 | needs mortgage insurance (not modelled) |
| 10% | $544 | $49,033 | needs mortgage insurance (not modelled) |
| 20% | $483 | $45,408 | 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. 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.
Winter warmer
Jan–Mar · estimate
$82/mo
Est. winter heating (heat pump electricity): about $247 for January through March.
Estimate, not an appraisal. heat pump electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 950 sqft. Climate severity defaults to the St. John's normal (no station nearby). 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%$483/mo
- Today, posted2026-11-04 · 6.19%$551/mo
- 5 years ago2021-11-03 · 4.79%$481/mo
- 10 years ago2016-11-02 · 4.64%$474/mo
At 6.19%, five years ago, the same mortgage would have cost $68 more each month than at today's posted rate.
Principal & interest only: $84,000 (80% of the $105,000 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
$550/mo
Calculators
Estimate payments and returns before you make an offer, all in one place.
Mortgage & investment calculator
Estimated monthly payment
$108/mo
Principal & interest $0 + property tax $108 per month
Financing breakdown
Investment calculator
Monthly cash flow
$-131
NOI / month
$-131
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $108 | $1,285 |
| Expenses | $24 | $288 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-131 | $-1,572 |
| NOI | $-131 | $-1,572 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
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