
MLS #1296863 · Corner Brook
27 Caribou Road
- Type
- Office
- Agent
- Rebecca Ryan
- Brokerage
- RE/MAX Realty Professionals Ltd. - Corner Brook
MLS #1302307Listed August 25, 2026 · 17 days on market
Corner Brook
$359,000
Prime Downtown Corner Brook Investment Opportunity Located in downtown Corner Brook, this landmark property offers stunning panoramic views of the Bay of Islands and the city. With four rental spaces, all currently rented, this property provides an excellent opportunity for an investor looking for an established income-producing property. The property includes two residential apartments, a spacious commercial retail space currently leased to a successful established business, and a detached double garage that is rented for storage. The one-bedroom apartment features a private deck accessible from both the living room and bedroom, while the spacious three-bedroom apartment includes two storage rooms and a dedicated laundry room. Both apartments have separate entrances and beautiful views. With every space currently rented and the owner ready to retire, this is a great opportunity to take ownership of a well-established downtown property with multiple sources of rental income. A unique investment opportunity in a prime downtown location with incredible views. (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%.
$359,000
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$1,711
Cash To Close
$71,800
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Elementary Schools
Immaculate Heart of Mary School
PrivateEastside Elementary
PublicÉcole C.C. Loughlin Elementary
PublicSecondary Schools
Immaculate Heart of Mary School
PrivateCorner Brook Intermediate
PublicCorner Brook Regional High
PublicStraight-line distance from this property. Proximity does not determine enrolment — confirm catchment areas with the Newfoundland and Labrador English School District. School list and grade levels from Statistics Canada's Open Database of Educational Facilities; some locations from OpenStreetMap contributors.
Straight-line distance from this property. Healthcare locations from Statistics Canada's Open Database of Healthcare Facilities; shops, pharmacies and filling stations from OpenStreetMap contributors.