87 Water Street

About This Property

Welcome to 87 Water Street East - a beautifully renovated bungalow directly across the road from the ocean in historic Harbour Grace, currently operating as a successful Airbnb. Step outside, cross the road, and you're at the water's edge with sweeping views of the Atlantic and some of the clearest water on the Avalon. This is the kind of east coast lifestyle people travel across the country for - and it's available right now. Whether you're a first-time buyer looking for a turnkey home, an investor inheriting a proven short-term rental, or a lifestyle buyer chasing salt air and slower mornings, this furnished property delivers on every front. The main floor was fully rebuilt in 2023/2024. Inside, you'll find a brand-new kitchen, a beautifully finished main bathroom, fresh drywall and paint throughout, and R14 insulation in the main floor walls. Behind the finishes, the upgrades go deeper: all-new PEX plumbing, a new 200 amp electrical panel, new electric baseboard heat, a new mini-split heat pump with A/C, new hot water tank, and a fully re-insulated attic for year-round efficiency. The exterior is just as ready. New PVC windows upstairs, a new front exterior door, a beautiful new floating back deck for summer evenings, and Ring doorbell and floodlight cameras at the front and back. The front yard features a charming nautical anchor display that nods to the home's seafaring surroundings - a detail Airbnb guests already love. Set on a generous lot just shy of 1/3 acre, with municipal water and sewer, in a quiet neighbourhood where you can hear the waves from your front step. Harbour Grace is one of Newfoundland's most storied harbour towns - full of history, character, and a growing tourism scene that makes properties like this in serious demand. Wood stove in basement is as-is. Renovated. Income-producing. Steps from the sea. Opportunities like this don't come along often.

Property Details

Location