About the property (MLS: 1271938):
UNIQUE OPPORTUNITY!! Incredible potential for this ideally located, ~0.29 acre lot in highly sought after downtown St. John's! Situated at the corner of Duckworth Street and Kings Road, it provides outstanding exposure, visibility, and accessibility. Within walking distance to Water Street, shopping, restaurants, hotels, and George Street. Presently serving as a private parking lot, this property is zoned CDM, offering limitless possibilities! Don't wait, this won't last long! *Any HST applicable is the responsibility of the purchaser. *Preliminary designs for development are available upon request. Currently leased for $4500+HST/month (id:56688)
Property Details
Listing ID: 26875515
Address: 172 Duckworth Street, St. John's, Newfoundland & Labrador, Canada A1C0A5
Status: Active
Last updated: 2 months ago ( Sep 9, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $26,330
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.568342, -52.703566]
Rooms
Basic Calculator
First Mortgage: $719,200
Mortgage insurance premium: $0
Total Financing: $719,200
Rough closing fee (1.5%): ~ $13,485
Total downpayment with estimated closing fee: $193,285
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $1,124 | $13,488 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-1,124 | $-13,488 |
Net Operating Income (NOI) | $-1,124 | $-13,488 |
Capitalization Rate | -0.13% | -1.50% |