Buying or Selling your House in Western Newfoundland and Labrador

1368-1370 Torbay Road NEW

Torbay, Newfoundland & Labrador

$497,000

Quick Summary

Location
Torbay, Newfoundland & Labrador
Price
$497,000
Building Type
Multi-Family
Property Type
Other
Status
For sale
Area
3480 sqft
Beds
0
Baths
n/a
Age
n/a
Postal Code
A1K 1B3
MLS®
1296277
Courtesy Of
Century 21 Seller's Choice Inc.
Database ID:65446 DDF Feed ID: 29619966 Latitude: 47.658601 Longitude: -52.735542

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 $4,300, 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! (id:47053)

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Building Information

  • Building Type: Multi-Family
  • Area: 3480 sqft
  • Radiant heat
  • Electric, Oil Heat
  • Flooring: Marble, Ceramic, Hardwood, Other
  • Municipal water

Full Details

MLS® Number:1296277
Ownership Type:Freehold
Price:$497,000
Property Type:Other
Transaction Type:For Sale
Zoning Description:Mix
More Information Link: https://www.realtor.ca/real-estate/29619966/1368-1370-torbay-road-torbay

Size Total Text:0.202 acre|7,251 - 10,889 sqft
Sewer:Municipal sewage system
Size Irregular:0.202 acre

Bedrooms Above Ground:0
Bedrooms Below Ground:0
Bedrooms Total:0
Constructed Date:1962
Flooring Type:Marble, Ceramic, Hardwood, Other
Heating Fuel:Electric, Oil
Heating Type:Radiant heat
Size Interior:3480 sqft
Type:Multi-Family
Utility Water:Municipal water
Listing information last updated on 2026-04-17 12:52:49 -0230
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