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MLS #1304136Listed October 8, 2026 · 1 day on market
Clarenville
$120,000
Located in the heart of Clarenville, 256 Balbo Drive offers incredible value and endless potential! This spacious single-family home features 5 bedrooms and 2 bathrooms and is situated on a nice-sized lot with mature trees, beautiful water views, and plenty of room for families to enjoy. The main floor offers 3 bedrooms, while the walkout basement includes 2 additional bedrooms, a bathroom, laundry area, and a living room with direct access to the backyard. Whether you are looking for a spacious family home, in-law space, or future income-generating potential with some TLC, this property offers flexibility to fit your needs. Step outside onto the patio off the dining room overlooking the large backyard — the perfect space for kids, pets, entertaining, or relaxing while taking in the water views. The property also offers parking for multiple vehicles and is conveniently located close to schools, shopping, and all amenities. The roof has been replaced in recent years, adding additional value and peace of mind. While the basement does require some work, homes of this size and potential at this price point do not come along often. A fantastic opportunity for first-time buyers, growing families, or investors alike! Property is being sold ""as is, where is."" (id:66441)
Elementary Schools
Riverside Elementary
PublicSecondary Schools
Clarenville High School
PublicClarenville Middle School
PublicHeritage Collegiate
PublicCost 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%.
$120,000
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$572
Cash To Close
$24,000
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Straight-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.