$1,195,000
348 Trout Cove Road
Beds
4
Baths
3 full + 1 half
Sqft
—
Year
1870
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Centreville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Here is an opportunity to own a limited supply of accessible oceanfront properties, including an 1869/1969 residence in Centreville with amazing views of the coming and going of active lobster boats, and purchasing freshly caught lobsters at a discount at the pier located very close to your doorstep, occasional whale sightings from your kitchen and bedroom windows, and angry crashing seas on the newly constructed breakwater in front on stormy days. This individual parcel as of June first may now be purchased for $999,000. and could be, it appears, easily converted into a duplex with an 1869 unit and a 1969 unit. There is another nearby oceanfront lot (The seller is agreeable to escrow sufficient funds to upgrade the present road constructed during the initial days of the subdivision to allow present day access), within a comfortable walking distance which will offer you peace and tranquility. A short five-minute drive, takes you to a convenience store which has most necessities, including groceries, liquor and gasoline. As a bonus, the seller will, additionally, include a third oceanfront lot on the Bay of Fundy, on the Fundy Loop Road in Lake Midway. A short five-minute drive. Total package has about a thousand feet of ocean frontage, with approximately 12 acres. You are minutes to Whale Watching on ferries filmed in the movie, 'Delores Claiborne'. Fifteen minutes to the town of Digby, with its numerous restaurants, serving Digby scallops and other seafood, full-service food markets, specialty and hardware stores, as well as the iconic Digby Pines, Golf Resort and Spa now open year-round. The Fundy Rose ferry sails year-round from StJohn, New Brunswick to Digby and is only twenty minutes from your new home. No more long drives after the ferry arrives in Digby. The Bay of Fundy will never cease to entertain you, with a variety of marine life, seabirds, whales, and the world known and recognized movements of the tides. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Centreville
- Common interest
- Freehold
- Living area
- 2,200 square feet
- Lot size
- 12.18 acres
- Lot dimensions
- 12.1815
- Bedrooms
- 4 above grade, 0 below grade
- Stories
- 2
- On market
- Jun 20, 2023
- Status changed
- Apr 20, 2026
- Photos
- 17
- MLS#
- 202312373
- Area
- CENTREVILLE
Features and systems
Parking
Basement
Appliances
Exterior
Flooring
Foundation
Lot
Community
Waterfront
Cash on cash
-6.47%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,332
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 20, 2026.