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Additional details

Sherwin Mamaradlo

sherwin.mamaradlo@engelvoelkers.com +1(289) 501-4710

$ 449,000

Est. payment -/mo

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1368-1370 Torbay Road Torbay, NL A1K1B3

6 Beds

4 Baths

1,740 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1740

Square Footage 1,740 sqft

Price per Sqft $258

MLS® Listing ID 1304121

Bedrooms 6

Half Baths 2

Year Built 1962

Property Sub-Type Condo

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 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:24570)

Location

Province NL

Rooms

Kitchen 0.0

Extra Room 1 Second level 13.8x12.6 Not known

Extra Room 2 Second level 15x12.6 Not known

Extra Room 3 Second level 3.10x24 Not known

Extra Room 4 Second level 4.9x7.4 Bath (# pieces 1-6)

Extra Room 5 Second level 12.5x8.7 Not known

Extra Room 6 Second level 12.5x7.1 Not known

Interior

Heating Radiant heat, ,

Flooring Marble, Ceramic, Hardwood, Other

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by Century 21 Seller's Choice Inc.

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Sherwin Mamaradlo

1368-1370 Torbay Road Torbay, NL A1K1B3

Key Details

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Rooms

Interior

Exterior

Building

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