1368-1370 Torbay Road, Torbay, NL A1K1B3
1368-1370 Torbay Road, Torbay, NL A1K1B3
1368-1370 Torbay Road, Torbay, NL A1K1B3
1368-1370 Torbay Road, Torbay, NL A1K1B3
1368-1370 Torbay Road, Torbay, NL A1K1B3
1368-1370 Torbay Road, Torbay, NL A1K1B3
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Listed by Century 21 Seller`s Choice Inc.
$ 479,000
Est. payment | /mo

6 Beds

4 Baths

1,740 SqFt


Save
$ 479,000
Est. payment | /mo
Save

6 Beds

4 Baths

1,740 SqFt

Key Details

Property Type Condo

Sub Type 2-Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 1,740 sqft

Price per Sqft $275

MLS Listing ID 1301291

Style Detached,3 Units

Bedrooms 6

Full Baths 2

Half Baths 2

Year Built 1962

Annual Tax Amount $3,254

Lot Dimensions 0.202 acre

Property Sub-Type 2-Apartment

Source NLAR

Property Description

Discover an incredible opportunity with this versatile two-unit residential plus commercial unit. Perfectly situated in the heart of Torbay, under a 10-minute drive from St. John's, this property offers prime visibility for any business while blending small-town charm with the convenience of urban living.
Perfect for those who value proximity to nature, scenic beauty, and outdoor adventure. This location is truly special, enjoy being just a short walk from the stunning Torbay Beach and the world-famous East Coast Trail, named by National Geographic as one of the top adventure destinations in the world!

The main level features a bright, modern, and extensively renovated commercial space that has been recently leased to a well-established chain store, highlighting the property's strong appeal and prime location. It previously enjoyed decades of success as a hair salon for approximately 40 years. It is move-in ready and offers excellent flexibility for a wide variety of business ventures. For added convenience, the commercial space includes two bathrooms, providing functionality and comfort for staff and clients alike. There is also plenty of parking available on-site for both tenants and customers, ensuring easy access and convenience for everyone.

Upstairs, you'll find two spacious 3-bedroom, 1-bath apartments, each with large private decks for relaxing and enjoying the peaceful setting. In one unit, the laundry room was converted from a bedroom and could be reverted back with some adjustments. Both apartments are occupied by excellent tenants, including one long-term tenant of over 8 years, and both would be very happy to stay (tenants pay their own utilities). Total monthly rent is $4,500 including a newly signed lease with a chain store for the commercial space. This property offers a strong investment opportunity, a rare find like this doesn't come along often!

Location

Province NL

Zoning Mix

Interior

Heating Electric, Oil, Radiant

Cooling Electric, Oil, Radiant

Inclusions 2 Fridges, 1 Stove, 1washer and 1 Dryer

Exterior

Exterior Feature Clapboard, Vinyl

Parking Features None

Roof Type Shingle - Asphalt

Building

Foundation Apartment, Concrete Block

Sewer Municipal

Water Municipal

Schools

Elementary Schools Mary Queen Of Peace

Middle Schools Holy Trinty High Sch

Nearby Locations

Brandon Pennell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(709) 746-3006

brandon@sellingsaltwater.com

48 Moffatt Rd, Mt Pearl, NL A1N 0G3, CAN

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1368-1370 Torbay Road