27-29 Pollard Avenue
Paradise, NL, A1L0X8
$549,000
About the property (MLS: 1276460):
Welcome to an exceptional opportunity to acquire one of Paradise's few remaining serviced industrial lots. This 1.58-acre lot offers buyers a strategic position within proximity to major transportation routes, including the TCH and downtown St. John's waterfront/Oceanex within a 10-minute drive. It is ideal for Oil and Gas service businesses and offers immense potential for industrial development. Boasting favourable zoning regulations and a burgeoning economic landscape, Paradise is the ideal location for your industrial endeavours. The purchaser is responsible for HST, permits and additional costs. (id:56688)
Property Details
Listing ID: 27315839
Address: 27-29 Pollard Avenue, Paradise, Newfoundland & Labrador, Canada A1L0X8
Status: Active
Last updated: 21 days ago ( Aug 21, 2024 )
Property Type: Industrial
Structure Type: Manufacturing
Ownership Type: Freehold
Heating: No heat
Price per sq ft: $∞
Tax Annual Amount: $4,082
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: No heat
Common Interest: Freehold
Business Type: Industrial, Institutional, Manufacturing
Number of photos available: 2
Rurl
Coordinates: [47.521496, -52.862574]
Rooms
Basic Calculator
First Mortgage: $439,200
Mortgage insurance premium: $0
Total Financing: $439,200
Rough closing fee (1.5%): ~ $8,235
Total downpayment with estimated closing fee: $118,035
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $687 | $8,244 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-687 | $-8,244 |
| Net Operating Income (NOI) | $-687 | $-8,244 |
| Capitalization Rate | -0.13% | -1.50% |
