For Sale: 1368-1370 Torbay Road, Torbay, NL

About this home

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 that has been recently leased to a well-established chain store, highlighting the property’s strong appeal and prime location. It previously enjoyed decades of success as a hair salon for approximately 40 years. It is 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 (tenants pay their own utilities). Total monthly rent is $4,300, including a newly signed lease with a chain store for the commercial space. This property offers a strong investment opportunity, a rare find like this doesn’t come along often! (id:63626)

Listed by: Lyndon Johnston, Century 21 Seller's Choice Inc.

Home facts and features

Price details

List Price

$497,000

Gross Taxes for 2026

$3,254

Home facts

Bedrooms

Full Bathrooms

Partial Bathrooms

Property Type

Apt/Condo

Year Built

Built in 1962 (64 yrs old)

Title

Freehold

Exterior Finish

Vinyl siding, Other

Heating Type

Radiant heat, Oil, Electric

Appliances

Alarm System, Dishwasher, Dryer, Washer

Agent details

Primary Agent

Lyndon Johnston

Primary Broker

Century 21 Seller's Choice Inc.

Secondary Agent

Diana Carmona

Secondary Broker

Century 21 Seller's Choice Inc.

Listing details

Days on REW

52 Days

MLS® Number

1296278

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 917km

Port Elgin Regional School

n/a
K - 8
In Catchment

École Donat-Robichaud

n/a
K - 8
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

École Clément-Cormier

n/a
9 - 12
In Catchment

École Dr-Marguerite-Michaud

n/a
K - 8
In Catchment

1368-1370 Torbay RoadTorbay, NL, A1K 1B3