About the property (MLS: 1268857):
This commercial zoned lot features approx. 26,742 sq ft with 138 ft of frontage along Topsail and Blackmarsh Road. This prime location has high traffic which would support a wide variety of commercial development with endless opportunities for several business entities – apartment building, retail, daycare or your own next business venture – this can be confirmed within the commercial zoning options at The City of Mount Pearl. Vendor would be pleased to offer a turnkey land and building package, pending your design options, or to just sell the commercial lot. Surveys will be provided once finalized. Purchaser is responsible for all fees and permits to the city and any applicable HST. (id:56688)
Property Details
Listing ID: 26649580
Address: 868 Topsail Road, Mount Pearl, Newfoundland & Labrador, Canada A1N3J9
Status: Active
Last updated: 15 days ago ( Aug 28, 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: 2
Rurl
Coordinates: [47.525373, -52.792237]
Rooms
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $500 | $6,000 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-500 | $-6,000 |
Net Operating Income (NOI) | $-500 | $-6,000 |
Capitalization Rate | -0.13% | -1.50% |