45
See all 45 photos
$479,000
Est. payment /mo
6 Beds
4 Baths
1,740 SqFt
New
1368-1370 Torbay Road Torbay, NL A1K1B3
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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 $275
MLS® Listing ID 1301291
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 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:24570)
Location
State 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.
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