0 Main Road photo 11 / 29

MLS #1298589

0 Main Road

Open Hall-Red Cliffe

$237,500

3 Beds
2 Baths
2,100 sqft
Two-Apartment Home
Source Listing

Property Details

Located in the quaint coastal community on the north side of the Bonavista Peninsula—affectionately known as the “tropics” of the Bonavista Peninsula—this reimagined former schoolhouse presents a truly unique opportunity. Offering over 2,000 square feet of thoughtfully developed living space on one level, this oversized bungalow showcases incredible ocean views through its expansive windows. The residence features three bedrooms and two full bathrooms, making it an ideal year-round home, vacation retreat, artist’s residence, or Airbnb investment. Soaring 10-foot ceilings and expansive open-concept spaces create a bright, airy atmosphere, offering endless flexibility for how the home may be utilized. The spacious rear kitchen (20' x 30') provides excellent potential and could easily be reconfigured to create a secondary suite or income-producing unit. Significant renovations have been completed throughout the property, including a durable metal roof, new vinyl windows, upgraded electrical panel with 200-amp service, new plumbing, and new flooring throughout. Additional improvements include two mini-split heat pumps, a WETT-certified wood stove, new bathrooms and kitchen, upgraded insulation, new interior wall and ceiling finishes, updated lighting, a new front door, and a drilled well complete with new pump and equipment. Blending character, scale, and extensive modern upgrades, this remarkable property offers exceptional versatility in a stunning coastal setting. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$237,500
Down Payment - 5%$11,875
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,020

Mortgage Payment
$1,352
Property Tax
$168
Insurance
$150
Utilities
$350
Down Payment
$11,875
Loan Amount
$225,625
Total Interest
$179,991

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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