1368-1370 Torbay Road Torbay, Newfoundland & Labrador A1K 1B3

6 Bedroom 4 Bathroom 1,740 ft2
Radiant Heat

$530,000

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, currently operating as a tattoo studio. It’s 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. With a total combined monthly rental income of $5,300 and all tenants paying their own utilities, this property offers a strong investment opportunity. A rare find like this doesn’t come along often! (id:18358)

Property Details

MLS® Number 1292461
Property Type Single Family
Structure Patio(s)

Building

Bathroom Total 4
Bedrooms Total 6
Appliances Alarm System, Dishwasher, Washer, Dryer
Constructed Date 1962
Construction Style Attachment Detached
Exterior Finish Other, Vinyl Siding
Flooring Type Ceramic Tile, Hardwood, Other
Foundation Type Block
Half Bath Total 2
Heating Fuel Electric, Oil
Heating Type Radiant Heat
Size Interior 1,740 Ft2
Type Two Apartment House
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.202 Acre
Size Total Text 0.202 Acre|7,251 - 10,889 Sqft
Zoning Description Mix

Rooms

Level Type Dimensions
Second Level Not Known 13.8x12.6
Second Level Not Known 15x12.6
Second Level Not Known 3.10x24
Second Level Bath (# Pieces 1-6) 4.9x7.4
Second Level Not Known 12.5x8.7
Second Level Not Known 12.5x7.1
Second Level Primary Bedroom 10.8x12.5
Second Level Living Room/dining Room 20.2x12.6
Second Level Not Known 9.2X12.6
Main Level Other 29x60

https://www.realtor.ca/real-estate/29093995/1368-1370-torbay-road-torbay

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