103-115 Mount Carson Avenue
Mount Pearl, NL, A1W0G1
$995,000
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]
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
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| 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 Ratio | Infinity% | 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
