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MLS #1302097Listed August 20, 2026 · 35 days on market
Twillingate
$390,000

Four income-producing properties in the heart of Twillingate, all available for less than $100,000 each! This is a rare opportunity to build your rental portfolio, invest in a vacation destination, or secure multiple properties in one of Newfoundland’s most sought-after outport communities. Located at 167–171 Main Street, directly across from Twillingate Harbour, these properties offer beautiful water views and an unbeatable location. Restaurants, boat tours, grocery stores, schools, and other amenities are all within easy walking distance. **167 Main Street** is a spacious home ready to be brought back to life. With a new 200-amp electrical panel already in place, the property is ready for renovation and offers an opportunity to restore its original character. The main floor features a huge living room and dining room overlooking the harbour, along with a kitchen, bedroom, and full bathroom. Upstairs are three additional bedrooms and a large half bathroom with attic access. The **two apartment units** have recently been renovated and are rental-ready, offering the opportunity to begin generating income almost immediately. **171 Main Street** is a charming two-storey home that is currently rented, with long-term tenants who would love to stay. Having called the property home for the past five years, the tenants have taken great care of it. The main floor offers an eat-in kitchen, living room, bedroom, and full bathroom. Upstairs are two exceptionally spacious bedrooms, an office/gym, and a second full bathroom. With multiple income streams, harbour views, strong rental potential, and a prime central location, this portfolio offers an exceptional opportunity for investors looking to get into the Twillingate market at an attractive price point. (id:66441)
Elementary Schools
Twillingate Island Elementary
PublicNew World Island Academy
PublicSecondary Schools
J.M. Olds Collegiate
PublicNew World Island Academy
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%.
$390,000
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$1,859
Cash To Close
$78,000
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.

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