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Investment signal

$205,000

155 Main Road W

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Beds

Baths

2 full + 1 half

Sqft

—

Year

1985

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

Nestled in the heart of scenic Woody Point, this 2+1 bedroom, 1.5 bathroom home offers a rare opportunity to enjoy sweeping ocean views in one of Newfoundland’s most picturesque communities. Inside, the home features a bright and welcoming layout with two bedrooms plus an additional bonus room that can serve as a third bedroom, office, or hobby space. The living area takes full advantage of the natural surroundings, with large windows framing stunning water views. Downstairs, the undeveloped walkout basement offers incredible potential—whether you dream of extra living space, a rental suite, or a workshop with direct access to the outdoors. Step outside and you’re greeted with the charm and tranquility that Woody Point is known for, home to Gros Morne National Park, breathtaking trails, and a vibrant arts and culture scene. Updates to the home within the last 10 years include siding, windows and shingles. Whether you’re looking for a year-round residence, a summer retreat, or an investment property, this home is a true gem with endless possibilities. (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Living area: 1,828 square feet
Lot dimensions: 50 x 100
Stories: 1
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $1,332
Zoning: Res
Photos: 13
MLS#: 1296243
Area: WOODY_POINT

Features and systems

Appliances

StoveMicrowave

Heating

Forced airOil

Exterior

Vinyl siding

Flooring

LaminateConcrete Slab

Foundation

Block

View

Ocean view

Positive cash flow ~$1,019/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

29.82%

Cap rate

10.83%

GRM

7.1

Break-even rent

$1,328

Financing

Down payment$41,000

Loan amount$164,000

Mortgage$831/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$94

Insurance$80

Maintenance$171

CapEx reserve$85

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 $831/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 20, 2026.