5 Edmonds Place
St. John's, NL, A1B0C7
$779,900
About the property (MLS: 1266602):
Great visibility and passing trade from this corner lot on the corner of Kelsey Drive and Edmonds Place. This high profile 1.324 acre site offers great possibilities for a variety of commercial, drive-thru retail, hotel and office uses. The site has a dedicated traffic access lane and is only minutes from the Outer Ring Rd. The neighborhood draws great traffic with the presence of all the big box retailers including Walmart, Home Depot, Canadian Tire, Sobey's, etc. The site is graded and services are installed with street work complete. The rapidly expanding Kenmount Terrace subdivision and adjacent office park on Kelsey Drive add to the allure of the area. The site enjoys a tremendous view out over the Kenmount Valley and up to signal Hill. (id:56688)
Property Details
Listing ID: 26415816
Address: 5 Edmonds Place, St. John's, Newfoundland & Labrador, Canada A1B0C7
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
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: [47.559554, -52.781601]
Rooms
Basic Calculator
First Mortgage: $623,920
Mortgage insurance premium: $0
Total Financing: $623,920
Rough closing fee (1.5%): ~ $11,699
Total downpayment with estimated closing fee: $167,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $975 | $11,700 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-975 | $-11,700 |
| Net Operating Income (NOI) | $-975 | $-11,700 |
| Capitalization Rate | -0.13% | -1.50% |
