503-507 Ville Marie Dr, Creston North, NL A0E 2M0

For sale

$1,599,900

Est. $7,588/mo —

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14,158

sq ft

503-507 Ville Marie Dr, Creston North, NL A0E 2M0

About this home

The Bayview is a well maintained 16 unit Apartment Building that consists of 8 two-bedroom and 8 three-bedroom apartments that have historically been occupied by local mining and fishery companies and include internet, utilities and furnishings including oven, refrigerator, washer & dryer. Property was built in the mid-1970's. Recent interior renovations have the property with an effective age of 15 years. The . 57 acre lot is zoned ""Residential Traditional Community"" and backs onto the rocky coastline of Creston Inlet. Paved parking with some landscaping and a detached building used for main electrical service (800 amp main panel). 3576 sq ft on level one, two & three and 3430 sq ft in partially above ground basement for a total of 14,158 sq ft. Based on the current pro-forma statement, this property is projected to achieve a capitalization rate (CAP Rate) of 7.4%, reflecting its potential return on investment relative to the purchase price. (id:51075)

Multi-familyProperty Type

1975Year Built

$113Price/Sq.Ft.

Listed by Jim Burton • RE/MAX Infinity Realty Inc.

Listed by Evan King • RE/MAX Infinity Realty Inc.

Listing updated: Jun 15, 2026 at 08:39am

Redfin checked: 28 minutes ago

•Source:CREA #1287703

Open houses

No upcoming open houses.

Around this home

Schools

2.7km

Sacred Heart Academy

Public, K-7 • Assigned

6.0km

Pearce Junior High School

Public, 8-9 • Assigned

2.1km

Marystown Central High

Public, 10-13 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Interior features
Carpeted and laminate flooring

Flooring
Carpeted
Laminate

Heating & cooling
Electric heating

Sale and tax history for 503-507 Ville Marie Dr

Sale History
Tax History

This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.

Public record

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Style

Multi-Family (2-4 Unit)

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Last updated by owner on Jul 10, 2025.

Contact listing agent

Jim Burton

RE/MAX Infinity Realty Inc.

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