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Investment signal

$179,000

1 Church Street

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Beds

Baths

Sqft

—

Year

1967

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Carbonear. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 1 Church st, This renovated 3-bedroom 1-bathroom property is within walking distance of downtown Carbonear and boasts stunning ocean views, making it the ideal starter home, Airbnb, or investment property. This property features an open concept living, dining area with laminate flooring, a spacious kitchen with new stainless steel appliances, a separate laundry, three bedrooms, and 3 pcs. bath with tiled shower. The home has undergone many updates, some of which include new shingles, some new windows, patio & exterior doors, siding, new decks, and PEX plumbing updated in 2022, as well as renovations to the crawl space, dishwasher, new washer dryer, Mini split installed, and a full backyard landscape completed in 2024. The mature trees in the backyard and the ocean view in the front truly make this home feel like a sanctuary, don't miss out of your chance to own it (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Common interest: Freehold
Living area: 1,050 square feet
Lot dimensions: 63x100x50x110
Bedrooms: 3 above grade, 0 below grade
Stories: 1
On market: Jan 13, 2026
Status changed: Apr 24, 2026
Annual tax: $940
Zoning: Res.
Photos: 15
MLS#: 1293661
Area: CARBONEAR

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersMini-Split

Exterior

Wood shinglesVinyl siding

Flooring

Laminate

Foundation

Concrete

View

Ocean view

Positive cash flow ~$1,169/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

39.17%

Cap rate

12.70%

GRM

6.2

Break-even rent

$1,170

Financing

Down payment$35,800

Loan amount$143,200

Mortgage$726/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$82

Insurance$80

Maintenance$149

CapEx reserve$75

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $726/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.