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TelephoneEmail22 Topsail Road, St. John's, Newfoundland & Labrador, Canada A1E2A5

22 Topsail Road

St. John's, NL, A1E2A5

location

$369,900

22 Topsail Road St. John's Newfoundland & Labrador Canada A1E2A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Topsail Road St. John's Newfoundland & Labrador Canada A1E2A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Topsail Road St. John's Newfoundland & Labrador Canada A1E2A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Topsail Road St. John's Newfoundland & Labrador Canada A1E2A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Topsail Road St. John's Newfoundland & Labrador Canada A1E2A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Topsail Road St. John's Newfoundland & Labrador Canada A1E2A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Topsail Road St. John's Newfoundland & Labrador Canada A1E2A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1268191):

This large half acre lot is nestled downtown in the mature trees of the Waterford Valley in McLea Park, just off Old Topsail Road where it meets Shaw Street. Incredibly private lot with a massive canopy of mature trees, including a copper beech over 100 years old. Purchase this lot and build your own home, or use the available builder and have a turnkey design constructed. Prestigious homes in this area, with new ones currently under construction, and recently sold, with prices exceeding 2.5 million. This is a remarkable development opportunity, and a remarkable property. Purchaser must comply with McLea Park protective covenants. All development fees, permits etc at the purchasers expense. Municipal water and sewer connections at threshold to lot. No HST applicable on this lot. (id:56688)

Property Details
MLS: 1268191
Listing ID: 26559008
Address: 22 Topsail Road, St. John's, Newfoundland & Labrador, Canada A1E2A5
Status: Active
Last updated: 3 months ago ( Oct 23, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $1,000
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: [47.546884, -52.72215]

Rooms

Basic Calculator



First Mortgage: $295,920

Mortgage insurance premium: $0

Total Financing: $295,920

Rough closing fee (1.5%): ~ $5,549

Total downpayment with estimated closing fee: $79,529

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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).): $528,429