For Sale: 19-29 Bowater Avenue, Lewisporte, NL - REW
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$699,000
0 bd ba sf House
$699,000

19-29 Bowater AvenueLewisporte, NL, A0G 3A0

  • 0 Bed
  • Bath
  • Sqft
  • House

About this home

Combo Package: 5-Plex and 4-Plex in Lewisporte — Strong Investor Portfolio This centrally located investment package combines a turnkey 5-plex and a turnkey 4-plex in Lewisporte, offering immediate cash flow in a friendly, family-oriented community with close proximity to recreational facilities, ball fields, basketball courts, playgrounds, and schools. All units across both properties are currently rented, ensuring steady occupancy and reliable income from day one. The 5-plex comprises four 3-bedroom, 1.5-bath units and one 2-bedroom, 1-bath unit. The 4-plex features two 3-bedroom, 1-bath units and two 1-bedroom, 1-bath units, with 125-amp service panels (NEW), ensuring consistent electrical performance across the portfolio. The layouts across both properties support diverse tenant profiles—families, professionals, and students—while Lewisporte’s tight housing market supports ongoing demand and potential appreciation. This package offers immediate income with the opportunity to optimize lease terms, pursue strategic upgrades, and leverage cross-property management efficiencies. Investors will benefit from stable yields, centralized locations, and room for future upside as the market evolves and demand for well-maintained, centrally located rental properties remains strong. (id:63626)
Listed by: Carla Kinden, Keller Williams Platinum Realty - Gander

Home facts and features

Price details
List Price
$699,000
Gross Taxes for 2026
$8,343
Home facts
Bedrooms
0
Full Bathrooms
Property Type
House
Depth
Year Built
Built in 1965 (61 yrs old)
Title
Freehold
Heating Type
Baseboard heaters, Electric
Agent details
Primary Agent
Primary Broker
Keller Williams Platinum Realty - Gander
Listing details
Days on REW
84 Days
MLS® Number
1295342
Source
Canadian Real Estate Association

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Port Elgin Regional School
  • n/a
  • K - 8
  • In Catchment
École Donat-Robichaud
  • n/a
  • K - 8
  • In Catchment
École Soleil Levant
  • 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
Polyvalente Louis-J.-Robichaud
  • n/a
  • 9 - 12
  • In Catchment
École Mgr-François-Bourgeois
  • n/a
  • K - 8
  • In Catchment
Bonar Law Memorial School
  • n/a
  • 9 - 12
  • In Catchment
Bengals II
  • n/a
  • 9 - 12
  • In Catchment
Eleanor W. Graham Middle School
  • n/a
  • 6 - 8
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-10.