$249,000
MLS #1290831 · Gull Island
16 Johnsons Road
3 bed 1 bath 3,200 sqft
- Type
- Single Family
- Agent
- Barry Clarke
- Brokerage
1 / 18Property Details
Ocean Views & Capital Potential in Gull Island! ?? Looking for your next rewarding project? This traditional 2-story, 4-bedroom, 1-bathroom home offers sweeping ocean views and incredible potential as a dream coastal retreat or vacation rental. Offered on an ""as-is, where-is"" basis, it is the quintessential handyman special—but with some of the biggest exterior ticket items already completed! Recent Upgrades Include: Brand-new shingles on the main house. Two detached outbuildings fully updated with new siding and new windows (perfect for a workshop, studio, or storage). Bring your tools and vision to finish the interior and maximize the value of this stunning Baccalieu Trail location. Whether you're looking to flip, buy-and-hold, or create a personal oceanside escape, the bones and the views are waiting for you. (id:66441)
Cost To Own
Down payment & monthly cost
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%.
Your OfferAsking $49,000
$49,000
Over askingAt asking
Down Payment · 5%$2,450
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$915
- Mortgage Payment
- $290
- Property Tax
- $125
- Insurance
- $150
- Utilities
- $350
Cash To Close
$2,450
- Down Payment
- $2,450
- CMHC Insurance (financed)
- $1,862
- Loan Amount
- $48,412
- Total Interest · 25 yr
- $38,620
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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