Buying or Selling your House in Western Newfoundland and Labrador

465 Ville Marie Drive NEW

Marystown, Newfoundland & Labrador

$289,900

Quick Summary

Location
Marystown, Newfoundland & Labrador
Price
$289,900
Building Type
Two Apartment House
Property Type
Single Family
Status
For sale
Area
2730 sqft
Beds
6
Baths
3
Age
n/a
Postal Code
A0E 2M0
MLS®
1299237
Courtesy Of
3% Realty East Coast
Database ID:68372 DDF Feed ID: 29943268 Latitude: 47.161955 Longitude: -55.178968

Property Description

Rare waterfront investment opportunity with stunning ocean views and proven income already in place. Whether you’re looking to expand your investment portfolio or take your first step into homeownership, this versatile 3-unit property offers exceptional flexibility and earning potential. Currently generating $2,800 per month (plus utilities), the property features three self-contained units, each offering 2 bedrooms, 1 bathroom, in-unit laundry, and a bright open-concept layout. Extensively renovated in 2018, the property shows like new with updated electrical, PEX plumbing, baseboard heaters and thermostats, along with updated kitchens, bathrooms, and flooring throughout. These improvements provide peace of mind and help minimize future maintenance costs. Waterfront multi-unit properties with established rental income are a rare find. Live in one unit while the others help offset your mortgage, or maximize the investment potential by continuing to operate all three units. With breathtaking ocean views, strong income, and extensive upgrades already completed, this is an opportunity you won’t want to miss. Book your private viewing today! (id:47053)

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Building Information

  • Building Type: Two Apartment House
  • 6 Beds
  • 3 Baths
  • Area: 2730 sqft
  • Baseboard heaters
  • Electric Heat
  • Vinyl siding
  • Flooring: Laminate, Other
  • Concrete foundation
  • Municipal water

Full Details

MLS® Number:1299237
Equipment Type:None
Ownership Type:Freehold
Price:$289,900
Property Type:Single Family
Rental Equipment TypeNone
Transaction Type:For Sale
View Type:Ocean view
Water Front Type:Waterfront
Zoning Description:Residential
More Information Link: https://www.realtor.ca/real-estate/29943268/465-ville-marie-drive-marystown

Size Total Text:O.0970 HA|under 1/2 acre
Access Type:Water access, Year-round access
Amenities:Recreation, Shopping
Landscape Features:Landscaped
Sewer:Septic tank
Size Irregular:O.0970 HA

Bathroom Total:3
Bedrooms Above Ground:6
Bedrooms Below Ground:0
Bedrooms Total:6
Appliances:Refrigerator, Stove, Washer, Dryer
Architectural Style:2 Level
Constructed Date:1975
Exterior Finish:Vinyl siding
Flooring Type:Laminate, Other
Foundation Type:Concrete
Half Bath Total:0
Heating Fuel:Electric
Heating Type:Baseboard heaters
Size Interior:2730 sqft
Type:Two Apartment House
Utility Water:Municipal water

Level Type Dimensions
Second level Bath (# pieces 1-6) 6 x 7
Second level Bedroom 10.6 x 10.6
Second level Bedroom 9.7 x 12
Second level Eat in kitchen 9 x 10.2
Second level Living room 16.6 x 14.2
Main level Bath (# pieces 1-6) 6 x 6.6
Main level Bedroom 10.3 x 11.1
Main level Bedroom 10.1 x 12.2
Main level Kitchen 14.1 x 10.3
Main level Dining nook 5.8 x 9.2
Main level Bath (# pieces 1-6) 6 x 7
Main level Bedroom 10.6 x 10.6
Main level Bedroom 9.7 x 12
Main level Eat in kitchen 9 x 10.2
Main level Living room 16.6 x 14.2
Listing information last updated on 2026-06-23 16:43:55 -0230
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