
MLS #1299207 · Loon Bay
0 Lane One Path
- Type
- Single Family
- Agent
- Gerry Canning
- Brokerage
1 / 30Property Details
Escape to the beauty of Western Newfoundland with this affordable getaway located on the edge of world-famous Gros Morne National Park. Situated on a spacious residentially zoned lot with hydro already connected and no property taxes, this property offers incredible value whether you’re searching for a year-round residence, vacation retreat, or investment opportunity. The property features updated windows and doors, helping improve efficiency and comfort while adding to the home’s appeal. Inside, the space is cozy and full of potential, ready for someone to add their own style and finishing touches. A wood stove creates the perfect cabin feel for cool evenings, while electric baseboard heating adds convenience year-round. A newly drilled well provides a dependable water source. Outside, you’ll love the large private lot with plenty of room to relax, entertain, or store recreational toys. The gazebo is the perfect spot to unwind after a day exploring the area, while the outbuilding offers excellent storage or workshop potential. This location is a dream for outdoor enthusiasts, with easy access to ATV and skidoo trails, hiking, fishing, hunting, and countless adventures right at your doorstep. Whether you're looking for a peaceful retreat or an affordable property in one of Newfoundland’s most scenic areas, this one is packed with opportunity. Priced at just $109,000, this is your chance to own a piece of paradise with residential zoning, hydro service, and zero yearly property taxes. (id:66441)
Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$99,000
Amortization
Estimated Monthly Cost
$1,211
Cash To Close
$4,950
Under 20% down requires CMHC default insurance, added to your loan. Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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