$999,000
203 Marine Drive
Beds
2
Baths
3 full + 1 half
Sqft
—
Year
2012
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for CLARENVILLE. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Experience refined coastal living in these stunning luxury town homes overlooking the Clarenville marina. Each of the four south-facing units is thoughtfully designed to capture natural light and breathtaking ocean views, offering an exceptional lifestyle in a desirable location. Spanning 2100 square feet of livable space, these residences feature a bright and welcoming entry that opens into a spacious living area with panoramic views of the water. The open-concept design flows seamlessly to a private back deck—perfect for entertaining or simply relaxing while watching the boats head out for a day on the bay. Each unit includes two bedrooms and three bathrooms, providing comfort and privacy for residents and guests alike. The upper floor includes 2 primary suites each having walk in closets and ensuite bath. While two homes have fully developed basement with third bedroom, bath and eating area. Every townhome is equipped with in-unit laundry, a walk-out basement, and Top floors come fully furnished—including all appliances—making these homes truly move-in ready. Located just minutes from Clarenville’s business district, residents enjoy easy access to shopping, dining, and essential amenities. Outdoor enthusiasts will appreciate the proximity to hiking trails, boating, and year-round recreational opportunities. Whether as a personal residence or an investment opportunity, this property promises strong rental potential and lasting appeal. With its luxury finishes, unbeatable location, and captivating ocean views, these fully furnished homes redefine coastal living in Clarenville. Take the luxury of living in one while the others fund your investment. This is a unique listing that is a must see. Call today and arrange your private tour of all units. (id:65958)
- Subtype
- Multi-family
- Structure
- Other
- Common interest
- Freehold
- Living area
- 2,100 square feet
- Lot dimensions
- 117x122x86x109
- Bedrooms
- 2 above grade, 0 below grade
- Condo/HOA fee
- $0 monthly
- On market
- Apr 13, 2026
- Status changed
- Apr 13, 2026
- Annual tax
- $3,370
- Zoning
- COMM.
- Photos
- 18
- MLS#
- 1296055
- Area
- CLARENVILLE
Features and systems
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
View
Cash on cash
-6.52%
Cap rate
3.56%
GRM
16.6
Break-even rent
$6,143
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.