465 Ville Marie Drive Marystown, Newfoundland & Labrador A0E 2M0
$289,900
Rare waterfront investment opportunity with stunning ocean views and proven income already in place. Whether you’re looking to expand your investment portfolio or take your first step into homeownership, this versatile 3-unit property offers exceptional flexibility and earning potential. Currently generating $2,800 per month (plus utilities), the property features three self-contained units, each offering 2 bedrooms, 1 bathroom, in-unit laundry, and a bright open-concept layout. Extensively renovated in 2018, the property shows like new with updated electrical, PEX plumbing, baseboard heaters and thermostats, along with updated kitchens, bathrooms, and flooring throughout. These improvements provide peace of mind and help minimize future maintenance costs. Waterfront multi-unit properties with established rental income are a rare find. Live in one unit while the others help offset your mortgage, or maximize the investment potential by continuing to operate all three units. With breathtaking ocean views, strong income, and extensive upgrades already completed, this is an opportunity you won’t want to miss. Book your private viewing today! (id:51189)
Property Details
| MLS® Number | 1299237 |
| Property Type | Multi-family |
| AmenitiesNearBy | Recreation, Shopping |
| EquipmentType | None |
| RentalEquipmentType | None |
| ViewType | Ocean View |
| WaterFrontType | Waterfront |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
| ArchitecturalStyle | 2 Level |
| ConstructedDate | 1975 |
| ExteriorFinish | Vinyl Siding |
| FlooringType | Laminate, Other |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| SizeInterior | 2730 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| AccessType | Water Access, Year-round Access |
| Acreage | No |
| LandAmenities | Recreation, Shopping |
| LandscapeFeatures | Landscaped |
| Sewer | Septic Tank |
| SizeIrregular | O.0970 Ha |
| SizeTotalText | O.0970 Ha|under 1/2 Acre |
| ZoningDescription | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bath (# Pieces 1-6) | 6 x 7 | ||
| Second Level | Bedroom | 10.6 x 10.6 | ||
| Second Level | Bedroom | 9.7 x 12 | ||
| Second Level | Eat In Kitchen | 9 x 10.2 | ||
| Second Level | Living Room | 16.6 x 14.2 | ||
| Main Level | Bath (# Pieces 1-6) | 6 x 6.6 | ||
| Main Level | Bedroom | 10.3 x 11.1 | ||
| Main Level | Bedroom | 10.1 x 12.2 | ||
| Main Level | Kitchen | 14.1 x 10.3 | ||
| Main Level | Dining Nook | 5.8 x 9.2 | ||
| Main Level | Bath (# Pieces 1-6) | 6 x 7 | ||
| Main Level | Bedroom | 10.6 x 10.6 | ||
| Main Level | Bedroom | 9.7 x 12 | ||
| Main Level | Eat In Kitchen | 9 x 10.2 | ||
| Main Level | Living Room | 16.6 x 14.2 |
https://www.realtor.ca/real-estate/29943268/465-ville-marie-drive-marystown
Interested?
Contact us for more information
Michael Samson
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
Justin Hollett
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
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July 16 2026 12:31:44
The Newfoundland & Labrador Association of REALTORS®
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