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104 Orcan Drive
homes for sale · Placentia
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$120,000

104 Orcan Drive

Placentia · MLS® 1301873

810

3,613 sq ft · Condo · Single Family · built 1975 · 62 days on market

listed by Courtney Lahey, EXIT Realty Aspire

realtor's description

Located steps from the water in beautiful Placentia, this expansive property offers breathtaking views and a rare opportunity for investors, contractors, or developers looking for their next project. Just approximately 1 hour and 20 minutes from St. John's, you can enjoy the charm of a historic coastal community while remaining within easy reach of the city. With over 3,600 square feet of living space, the property is currently configured as three separate units and was previously rented by the room. Featuring a total of 8 bedrooms and 10 bathrooms, there is no shortage of possibilities for redevelopment, renovation, or income-generating potential. The home is in need of significant repairs and is being sold as is. However, opportunities like this are hard to find. The combination of size, location, water views, and development potential makes this a truly unique offering. Whether you're looking to restore the existing structure, create a profitable rental property, completely reimagine the property, or even utilize the lot for a new build (subject to any required approvals), the potential here is undeniable. For the right buyer with vision, 104 Orcan Drive could become an incredible investment in one of Newfoundland's most scenic coastal communities.

property details

type
Condo, Single Family
bedrooms
8
bathrooms
10
living area
3,613 sq ft
parking
0
year built
1975
property tax
$930 / yr
days on market
62
MLS®
1301873

features

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$600/mo
Mortgage $523 · Tax $78

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$523/ monthly
loan $96,000
25-year amortization
total interest
$60,849
cash to close
$24,000
down payment; transfer tax and fees not included
total paid
$156,849

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

PlacentiaGoogle Maps ↗

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listed by
Courtney Lahey
EXIT Realty Aspire
call Courtney · 709-765-4275
Powered by: REALTOR.ca
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location

PlacentiaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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