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For sale
    • C$599,900

    218 Water Street, Carbonear, NL A1Y1C2

    10beds
    --baths
    5,866sqft
    Retail, Multi Family, Single Family Residence
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    C$102/sqft
    C$-- HOA

    What's special

    Located in the heart of Carbonear, this exceptional mixed-use property offers a rare investment opportunity with 5 apartment units generating approximately $49,500 annual rental income. The commercial main floor has operated successfully as a restaurant for decades and comes fully equipped with most restaurant equipment and apartment appliances included in the sale. Whether you’re looking to expand your business, open your own restaurant, or add a strong income-producing property to your portfolio, the possibilities here are endless. A full list of included items is available upon request. Apartments are rented and occupied, and pictures can be provided upon request.
    92 days
    |
    17
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank Evely,

    RE/MAX Eastern Edge Realty Ltd. - Bay Roberts,

    Gail Powell,

    RE/MAX Eastern Edge Realty Ltd. Carbonear

    Source: Newfoundland and Labrador AR,MLS®#: 1297036MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      Heating
      • Baseboard, Electric
      Cooling
      • Electric
      Appliances
      • Included: Refrigerator, Stove
      Features
      • Flooring: Carpet, Cushion/Tile/Lino, Laminate
      Interior area
      • Total structure area: 5,866
      • Total interior livable area: 5,866 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 71 Square Feet
      • Dimensions: 71.5 x 82'or 6,038 SqFt
      Details
      • Zoning description: Mixed

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Retail, Multi Family, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Clapboard, Stone Exterior, Vinyl Siding
      • Foundation: Concrete
      • Roof: Shingle - Asphalt
      Condition
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected

      Community & HOA

      Location
      • Region: Carbonear

      Financial & listing details

      • Price per square foot: C$102/sqft
      • Annual tax amount: C$2,078
      • Date on market: 5/8/2026
      F

      Frank Evely

      (709) 683-5255

      By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: A1Y

        Getting around

        52 / 100
        Somewhat Walkable
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

        Schools provided by the listing agent
        • District: Conception Bay North

        Source: Newfoundland and Labrador AR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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