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TelephoneEmail463-467 Torbay Road, St. John's, Newfoundland & Labrador, Canada A1A5C9

463-467 Torbay Road

St. John's, NL, A1A5C9

location

$1,295,000

463-467 Torbay Road St. John's Newfoundland & Labrador Canada A1A5C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
463-467 Torbay Road St. John's Newfoundland & Labrador Canada A1A5C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
463-467 Torbay Road St. John's Newfoundland & Labrador Canada A1A5C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
463-467 Torbay Road St. John's Newfoundland & Labrador Canada A1A5C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
463-467 Torbay Road St. John's Newfoundland & Labrador Canada A1A5C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
463-467 Torbay Road St. John's Newfoundland & Labrador Canada A1A5C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1239334):

1.45 + acre commercial lot located in one of the most desirable locations in St. John’s east. Fronting on both Torbay Road (277ft) and Harbourview Ave. (273ft) this high traffic, high visit visibility location offers a multitude of possibilities. The topography of the lot lends itself to the maximum use of its full footprint and the access/egress from Harbourview Ave should accommodate any traffic flow requirements. Purchaser is responsible for all costs involved with their intended use. This property is also listed under civic address 2-4 Harbourview Ave. MLS#1239333 (id:56688)

Property Details
MLS: 1239334
Listing ID: 23853340
Address: 463-467 Torbay Road, St. John's, Newfoundland & Labrador, Canada A1A5C9
Status: Active
Last updated: 3 months ago ( Jan 2, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $23,320
Tax Year: 2022
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 6
Rurl
Coordinates: [47.607503, -52.721067]

Rooms

Basic Calculator



First Mortgage: $1,036,000

Mortgage insurance premium: $0

Total Financing: $1,036,000

Rough closing fee (1.5%): ~ $19,425

Total downpayment with estimated closing fee: $278,425

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Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$0$0
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioNaN%NaN%
Cash Flow$0$0
Net Operating Income (NOI)$0$0
Capitalization Rate0.00%0.00%
Capitalization Rate: 0.00%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $1,850,000