$229,900
11 South Side Road
Virgin Arm, NL
MLS® 1297264
Inquiries handled by Turner Realty Team
Beds
4
Baths
1
Year
1970
DOM
281
Type
Single Family
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About this property
Rare Find! Income-Producing 4-Bedroom Home with Exclusive Land Opportunity! Discover this exceptionally beautifully kept 4-bedroom residence, offering spacious living. This property appeals equally to investors seeking stability and future homeowners planning for a move-in. The Investment & Living Advantage: Immediate Stability: The property is currently occupied by reliable tenants who wish to remain, providing immediate rental income for an investor. Spacious & Immaculate: This home is beautifully kept and features four generously sized bedrooms. Heart of the Home: Enjoy the large, inviting spacious living room and a remarkable eat-in kitchen, which serves as the perfect central hub for family life. Newer Storage: Includes a newer 8 x 16 foot wood shed, providing ample, protected outdoor storage. The Crown Land Financial Benefit: What truly sets this property apart is the highly advantageous land tenure: Low Cost & Exclusive Use: The home is situated on Crown Land with a current annual fee of just $50 per year, offering an incredibly low holding cost. Path to Ownership: Modern processes allow the buyer to easily purchase the land outright. This transforms the low-cost lease into a Fee Simple title, significantly increasing the property's equity and long-term value! (Buyer to verify all land purchase details with the appropriate authority) This unique offering provides a well-maintained, cash-flowing asset with the massive added benefit of easily converting the land tenure for maximum future equity and appreciation. Whether you're looking for an immediate investment or planning your family's future home, this property delivers.
Pricing & Timeline
List price$69,900
Original list price$129,900
Listed2025-12-14
Days on market281
Property Details
Structure
TypeSingle Family
StyleDetached
Title to LandLeasehold
Year built1970 (50+ Yrs Old)
Beds above grade4
FoundationCrawl,Other,Wood Frame
ExteriorVinyl
RoofShingle - Asphalt
Systems & Utilities
HeatingElectric,Oil,Wood
WaterWell
SewerSeptic
Parking & Access
GarageNone
DrivewayDouble
RoadPublic
Disclosures
UFFINo
Zoningresidential
Room-by-room dimensions
| Floor | Room | Size |
|---|---|---|
| MAIN FLOOR | FOYER | 5.5 x 8.5 ft |
| MAIN FLOOR | KITCHEN | 14.6 x 12.8 ft |
| MAIN FLOOR | LIVING ROOM | 19.3 x 13.7 ft |
| MAIN FLOOR | BEDROOM | 12.5 x 10.2 ft |
| MAIN FLOOR | BATH | 6 x 8.7 ft |
| MAIN FLOOR | BEDROOM | 9 x 11.6 ft |
| MAIN FLOOR | BEDROOM | 12.6 x 10 ft |
| MAIN FLOOR | BEDROOM | 12.2 x 10.8 ft |
Included appliances & features
FridgeStoveWoodstove(s)
Tax & Lot Information
Taxes & Fees
Property taxes$240
Lot
Property sizeUnder 0.5 Acres
Zoningresidential
DistrictCentral
Sub-districtTwillingate / Fogo
Location
Price history
−$60,000 (−46.2%)Originally listed$129,900on Dec 14, 2025
Reduced to$69,900on Jul 3, 2026
Days on market: 281
AI-generated narration · read the transcript
24 Point Road, Virgin Arm NL. Listed at $69,900. 4 bedrooms, 1 bathroom. Rare Find! Income-Producing 4-Bedroom Home with Exclusive Land Opportunity! Discover this exceptionally beautifully kept 4-bedroom residence, offering spacious living. This property appeals equally to investors seeking stability and future homeowners planning for a move-in. The Investment & Living Advantage: Immediate Stability: The property is currently occupied by reliable tenants who wish to remain, providing immediate rental income for an investor. Spacious & Immaculate: This home is beautifully kept and features four generously sized bedrooms. Heart of the Home: Enjoy the large, inviting spacious living room and a remarkable eat-in kitchen, which serves as the perfect central hub for family life. Newer Storage: Includes a newer 8 x 16 foot wood shed, providing ample, protected outdoor storage. The Crown Land Financial Benefit: What truly sets this property apart is the highly advantageous land tenure: Low Cost & Exclusive Use: The home is situated on Crown Land with a current annual fee of just $50 per year, offering an incredibly low holding cost. Path to Ownership: Modern processes allow the buyer to easily purchase the land outright. Listing courtesy of Outport Realty Inc. - Grand Falls-Windsor, NLAR MLS number 1293300. Royal LePage Turner Realty, 709-256-7999.
Street view
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Listing courtesy of Outport Realty Inc. - Grand Falls-Windsor — NLAR MLS® #1293300
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The information contained on this page is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. Listings are updated daily. Royal LePage Turner Realty (2014) Inc. is a member of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.