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TelephoneEmail10 Edmonds Place, St. John's, Newfoundland & Labrador, Canada A1B0C7

10 Edmonds Place

St. John's, NL, A1B0C7

location

$1,129,900

10 Edmonds Place St. John's Newfoundland & Labrador Canada A1B0C7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Edmonds Place St. John's Newfoundland & Labrador Canada A1B0C7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Edmonds Place St. John's Newfoundland & Labrador Canada A1B0C7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Edmonds Place St. John's Newfoundland & Labrador Canada A1B0C7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1273398):

Great visibility and passing trade from this corner lot on the corner of Kelsey Drive and Edmonds Place. This high profile 1.947 acre site offers great possibilities for a variety of commercial, drive-thru retail, hotel and office uses. The site has a dedicated traffic access lane and is only minutes from the Outer Ring Rd. The neighborhood draws great traffic with the presence of all the big box retailers including Walmart, Home Depot, Canadian Tire, Sobey's, etc. The site is graded and services are installed with street work complete. The rapidly expanding Kenmount Terrace subdivision and adjacent office park on Kelsey Drive add to the allure of the area. The site enjoys a tremendous view out over the Kenmount Valley and up to signal Hill. (id:56688)

Property Details
MLS: 1273398
Listing ID: 27230743
Address: 10 Edmonds Place, St. John's, Newfoundland & Labrador, Canada A1B0C7
Status: Active
Last updated: 4 months ago ( Jul 30, 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: 4
Rurl
Coordinates: [47.554948, -52.782508]

Rooms

Basic Calculator



First Mortgage: $903,920

Mortgage insurance premium: $0

Total Financing: $903,920

Rough closing fee (1.5%): ~ $16,949

Total downpayment with estimated closing fee: $242,929

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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$1,413$16,956
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-1,413$-16,956
Net Operating Income (NOI)$-1,413$-16,956
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).): $1,614,143