$230,000
218 George Mercer Drive
Beds
3
Baths
1
Sqft
—
Year
1972
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Bay Roberts. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Wake up to sweeping, unobstructed views of Bay Roberts Harbour from this beautifully maintained home on the shoreline of Coley’s Point. With the ocean just across the road, this is about as close to waterfront living as you can get these days. Tucked near the end of a quiet road with minimal traffic, this rare offering delivers privacy, tranquility, and that true coastal lifestyle buyers are chasing. Inside, you’ll find over 1,200 sq. ft. of comfortable living space, featuring 3 bedrooms, a stylish main bath, and a spacious layout ideal for family living. The large kitchen flows into a generous dining area, perfect for entertaining, while the inviting living room is anchored by a classic brick fireplace. The home also includes a partial basement for storage and utilities, with a hot water furnace already in place. Recent upgrades add even more value and peace of mind, including a ductless mini-split for efficient heating and cooling, a recently updated breaker panel, and shingles and plumbing replaced within the past 3–4 years. Step outside, breathe in the ocean air, and enjoy front-row seats to passing boats and stunning coastal scenery. Whether you’re searching for a year-round residence, a summer getaway, retirement retreat, or investment opportunity, this property checks every box. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Common interest
- Freehold
- Living area
- 1,273 square feet
- Lot dimensions
- 54 x 160'
- Bedrooms
- 3 above grade, 0 below grade
- Stories
- 1
- Fireplace
- Yes
- On market
- Apr 22, 2026
- Status changed
- Apr 22, 2026
- Annual tax
- $1,127 (2026)
- Zoning
- Res
- Photos
- 37
- MLS#
- 1296481
- Area
- BAY_ROBERTS
Features and systems
Appliances
Heating
Exterior
Flooring
Foundation
View
Cash on cash
22.82%
Cap rate
9.43%
GRM
8.0
Break-even rent
$1,479
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 22, 2026.