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TelephoneEmail33 Kiwanis Street, St. John's, Newfoundland & Labrador, Canada A1B0S1

33 Kiwanis Street

St. John's, NL, A1B0S1

location

$462,500

33 Kiwanis Street St. John's Newfoundland & Labrador Canada A1B0S1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1267030):

Presenting a substantial land parcel situated in a highly sought-after location just off Kelsey Drive. Encompassing 31,113 sq. ft, this property is strategically zoned as Commercial, with an impressive 201 feet of frontage along Kiwanis Street. Nestled in Kenmount Terrace, Kiwanis Street is strategically parallel with Kenmount Road, establishing a crucial connection between the expansive Kenmount Terrace subdivision and the thriving Kelsey Drive Smart Centre. Positioned in a high-traffic area, this land parcel offers exceptional accessibility. Its prime location makes it an ideal site for business establishments with endless opportunities. Additionally, a comprehensive geotechnical research study has been conducted. This presents an outstanding opportunity for astute investors or business owners seeking a well-positioned and prepped space for their ventures. Seize this chance—contact us today to explore the full potential of this prime commercial land. (id:56688)

Property Details
MLS: 1267030
Listing ID: 26419766
Address: 33 Kiwanis Street, St. John's, Newfoundland & Labrador, Canada A1B0S1
Status: Active
Last updated: a year ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $
Tax Annual Amount: $4,873
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: 1
Rurl
Coordinates: [47.550076, -52.783016]

Rooms

Basic Calculator



First Mortgage: $370,000

Mortgage insurance premium: $0

Total Financing: $370,000

Rough closing fee (1.5%): ~ $6,938

Total downpayment with estimated closing fee: $99,438

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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$579$6,948
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-579$-6,948
Net Operating Income (NOI)$-579$-6,948
Capitalization Rate-0.13%-1.50%
Capitalization Rate: -1.50%
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).): $660,715