About the property (MLS: 1271755):
Unique opportunity within 20 minutes drive from the capital city of Newfoundland! Two parcels of land, selling together, ideally located on a quiet, private street in beautiful Conception Bay South with water frontage directly on Manuals River! Both currently zoned R-2 (residential medium density zoning), Parcel A(1) would be perfect for your dream home or cottage, while Parcel B(2) is best suited for potential future residential development (possibly 8 lots) pending municipal approvals. Nestled among an abundance of trees, both lots boast tons of privacy, and just a stone's throw away from Worsley Park, schools and amenities! There are a host of recreational sports on and around Manuals River- the geographical formation and fossils our world known, with yacht club nearby! Don't miss out!*Any HST applicable is the responsibility of the purchaser (id:56688)
Property Details
Listing ID: 26852461
Address: 14-18, 13-19, & 21-29 Dove Place, Conception Bay South, Newfoundland & Labrador, Canada A1W4H1
Status: Active
Last updated: 5 months ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $5,360
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 7
Rurl
Coordinates: [47.53052, -52.952154]
Rooms
Basic Calculator
First Mortgage: $559,920
Mortgage insurance premium: $0
Total Financing: $559,920
Rough closing fee (1.5%): ~ $10,499
Total downpayment with estimated closing fee: $150,479
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $875 | $10,500 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-875 | $-10,500 |
Net Operating Income (NOI) | $-875 | $-10,500 |
Capitalization Rate | -0.13% | -1.50% |