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TelephoneEmail103-115 Mount Carson Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1W0G1

103-115 Mount Carson Avenue

Mount Pearl, NL, A1W0G1

location

$995,000

103-115 Mount Carson Avenue Mount Pearl Newfoundland & Labrador Canada A1W0G1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1272489):

Corner lot fronting onto Mount Carson Avenue. Commercial General Zoning allows many potential commercial or combined commercial/residential uses, including apartment, condo, seniors complex. This is the only CG zoned land in the area. (id:56688)

Property Details
MLS: 1272489
Listing ID: 26927627
Address: 103-115 Mount Carson Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1W0G1
Status: Active
Last updated: 5 months ago ( May 22, 2024 )
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: No heat
Price per sq ft: $
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: No heat
Common Interest: Freehold
Business Type: Residential, Service
Number of photos available: 1
Rurl
Coordinates: [47.532702, -52.806752]

Rooms

Basic Calculator



First Mortgage: $796,000

Mortgage insurance premium: $0

Total Financing: $796,000

Rough closing fee (1.5%): ~ $14,925

Total downpayment with estimated closing fee: $213,925

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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$1,244$14,928
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-1,244$-14,928
Net Operating Income (NOI)$-1,244$-14,928
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).): $1,421,429