1000 TOPSAIL Road
Mount Pearl, NL, A1N5E5
$419,900
About the property (MLS: 1257062):
Business investors, an opportunity to own prime commercial land in a very busy traffic area of Topsail Rd., Mount Pearl, commercial opportunities and business potential are in abundance on this piece of property. The existing home is in great shape has four bedrooms two baths could be ideal for office space, daycare, or spa facility. The passerby traffic for a storefront business would be exponential as there are existing successful businesses operating in the area. The lot size is 335 ‘ deep 100’ wide . This is very valuable commercial land . HST may be applicable to the purchaser. (id:56688)
Property Details
Listing ID: 25491737
Address: 1000 TOPSAIL Road, Mount Pearl, Newfoundland & Labrador, Canada A1N5E5
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: Electric
Price per sq ft: $∞
Tax Annual Amount: $1,536
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric
Common Interest: Freehold
Business Type: Other
Number of photos available: 3
Rurl
Coordinates: [47.525183, -52.807616]
Rooms
Basic Calculator
First Mortgage: $335,920
Mortgage insurance premium: $0
Total Financing: $335,920
Rough closing fee (1.5%): ~ $6,299
Total downpayment with estimated closing fee: $90,279
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $525 | $6,300 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-525 | $-6,300 |
| Net Operating Income (NOI) | $-525 | $-6,300 |
| Capitalization Rate | -0.13% | -1.50% |
