563 Southside Road
St. John's, NL, A1E1A4
$65,000
About the property (MLS: 1255866):
Discover a rare and extraordinary investment opportunity in the vibrant city of St. John's! This exceptional vacant lot, nestled in the heart of downtown, blends convenience with comfort. This highly walkable and bikeable location provides easy access to Water Street and other key areas of the city, making it a haven for those who value convenience and accessibility. Boasting proximity to top-rated schools, this lot is ideal for families with children seeking a well-connected community. For outdoor enthusiasts, a mere 5-minute drive leads to the breathtaking Bowring Park, or you can opt for the scenic Waterford River Walk. With only a limited number of empty lots remaining in this highly sought-after area, this property is an exclusive gem that won't stay on the market for long. Don't let this once-in-a-lifetime chance slip away. Currently zoned R-1. (id:56688)
Property Details
Listing ID: 25378852
Address: 563 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A4
Status: Active
Last updated: 5 months ago ( Jun 28, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $405
Tax Year: 2023
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: 7
Rurl
Coordinates: [47.541926, -52.724278]
Rooms
Basic Calculator
First Mortgage: $52,000
Mortgage insurance premium: $0
Total Financing: $52,000
Rough closing fee (1.5%): ~ $975
Total downpayment with estimated closing fee: $13,975
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $82 | $984 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-82 | $-984 |
| Net Operating Income (NOI) | $-82 | $-984 |
| Capitalization Rate | -0.13% | -1.51% |
