1519-1523 Thorburn Road Portugal Cove-St. Philips, Newfoundland & Labrador A1M 1M9

$329,900

Exceptional Residential Opportunity in the Heart of St. Philip’s Previously a single-family home with a basement apartment, this unique property offers outstanding flexibility in one of St. Philip’s most desirable locations. Within walking distance to the marina and backing onto a peaceful river, the setting blends natural beauty with everyday convenience. With some minor improvements, the property can be comfortably lived in now as a single-family residence. Extensively renovated in 2018, it presents exciting potential to convert back to a spacious family home, re-establish a self-contained in-law or granny suite, or create a live-work configuration for a home-based business. The huge open main area lends itself beautifully to loft-style living, or with some simple partition walls and the addition of a couple of windows additional bedrooms could easily be added to suit your needs. A rare highlight is the existing commercial-grade kitchen — an exceptional opportunity for a chef, caterer, or culinary professional seeking to live where they create, or for conversion into a stunning residential kitchen and entertaining space. The lower level offers strong potential for apartment income or extended family accommodation (subject to municipal approvals). Ample parking and room for expansion on the left side of the property further enhance long-term value. Located within the Traditional Community (TC) zone, residential use is supported. Any conversion or redevelopment would be subject to applicable municipal permits and approvals. A rare opportunity to secure a flexible property with immediate livability and long-term upside in fast-growing St. Philip’s. Please view the 3D tour and contact an agent to arrange your private showing. (id:51189)

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https://www.realtor.ca/real-estate/29334149/1519-1523-thorburn-road-portugal-cove-st-philips