For Sale · Specialty

0 Indian Arm Pond, Lewisporte

0 Indian Arm Pond, Lewisporte, Newfoundland & Labrador A0G3A0

$89,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

—

Occupancy

96%

Year Built

1990

About this property

Welcome to Indian Arm Pond—this well-sought-out waterfront cabin offers the perfect blend of simple cottage living and year-round comfort (in a true “three-season” setup) in a spot you’ll be proud to call home. Accessed from the rail bed just east of Indian Arm’s East you’ll arrive to a cozy two-bedroom retreat that’s been thoughtfully refreshed and is ready for you to make it your own. The land has just been freshly cleared, giving you that “open up and settle in” feeling from day one, whether you’re planning weekends on the water or a seasonal getaway you can truly personalize. Inside, you’ll enjoy hot water on demand, wood-stove heat, and the kind of practical upgrades that make day-to-day life easy—plus a well-appointed bathroom setup featuring a stand-up shower and an RV toilet. Convenience is built right in with a washer/dryer combo included, and you can relax knowing essential systems are in place. Recent work includes a new bridge and the cabin has also received attention with shingles completed in 2022. To round out the lifestyle, you’ll love the included generator—Champion—and all cabin contents will remain (with the exception of personal items), so you can move in without the hassle of starting from scratch. Storage and extra space are covered too, with an 8x13 shed and a 10x14 shed, plus a 100-pound propane tank included and a BBQ for easy outdoor enjoyment. Water is pumped up directly from the pond, connecting you to the property and the views in the most authentic way. If you’ve been waiting for the right waterfront cabin—clean, functional, and full of potential—this one on Indian Arm Pond is your moment. (id:66811)

Financial sandbox

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Estimate
Purchase price$89K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$411

Projected NOI

$6K

Annual cash flow

$1K

Cash-on-cash

5.49%

DSCR

1.30

Going-in cap

7.19%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

66,308

Households

27,768

Median income

$132,000

Median age

37.6

Daytime population

93,639

5-yr growth

7.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 0 Indian Arm Pond, Lewisporte.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.