Torbay, Newfoundland and Labrador
As of September 27, 2026, the median asking price in Torbay is $559,000, across 23 active MLS® listings.
Those listings have been on the market an average of 61 days.
10 new listings came to market in Torbay in the last 30 days.
Asking prices work out to about $213 per square foot, based on the 23 listings that report floor area.
Detached homes in Torbay are listed at an average of $628,835 across 23 active listings.
Ocean air, extra elbow room
Torbay sits just beyond the northeast edge of St. John’s—close enough for an easy commute, far enough to feel like you’ve stepped into a quieter coastal rhythm. The town’s identity is tied to the Atlantic: salt air, wind-shaped spruce, and occasional long views of the water that turn ordinary errands into scenic detours. With a low Walk Score (24/100), daily life here is built around the car, but the payoff is space, privacy, and a noticeably slower pace once you turn onto the residential streets.
Housing in Torbay reads like a catalogue of Newfoundland suburban evolution: established single-family homes on mature lots, newer builds with modern finishes, and pockets of larger parcels where garages, sheds, and backyard play space are part of the lifestyle. Streets tend to be quieter and more spread out than in the city, and many properties prioritize driveways and yards over sidewalks and storefronts. The result is a community that feels intentionally residential—more “home base” than “main street,” with the coastline and nearby city amenities filling in the rest.
Demographically, Torbay skews toward families and move-up buyers looking for more room without leaving the St. John’s employment orbit. The market generally tracks regional trends, with detached homes as the dominant product and newer construction attracting buyers who want turnkey convenience, while older homes draw renovators chasing lot size and long-term value. Buyers often weigh trade-offs—less walkability and fewer nearby services versus land, quiet, and that ever-present coastal character that’s hard to replicate in denser neighbourhoods.
Torbay’s current for-sale market is relatively tight, with 23 active listings showing a median asking price of $559,000, an average of $213 per square foot, and an average 61 days on market so far. With 10 new listings in the past 30 days, buyers and investors are seeing fresh options across the city’s mix of newer executive homes, established single-family neighbourhoods, and some lower-maintenance properties, with pricing and $/sqft varying by lot size, age, and proximity to St. John’s and coastal areas. Overall, the combination of moderate time on market and a steady flow of new supply points to a market where well-priced homes can still move, but buyers may have room to negotiate when listings linger.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Walk Score 24 · Bike Score 22
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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