Telephone Email7 Waterview Place Unit#(Lot 3.17), St. John's, Newfoundland & Labrador, Canada A1A0L6

7 Waterview Place Unit#(Lot 3.17)

St. John's, NL, A1A0L6

$629,990

7 Waterview Place Unit#(Lot 3.17) St. John's Newfoundland & Labrador Canada A1A0L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki

416-873-4676

haris@barki.co

REALTOR ®

Keller Williams Platinum Realty

About the property (MLS: 1277067):

Located in the prestigious King William Estates neighborhood, this oversized, pie-shaped, waterfront lot is nestled in the serene cul-de-sac of a quiet street in the east end of the city. Conveniently situated near Stavanger Drive, and St. John's International Airport, this property offers a perfect blend of tranquility and accessibility. The lot is equipped with an engineered pad, ready for you to partner with your preferred builder to design your ideal home. One of the last remining lots on Virginia Lake!! Immediate closing available—seize this opportunity to create your dream home! *No HST applicable. (id:56688)

Property Details

MLS: 1277067
Listing ID: 27375661
Address: 7 Waterview Place Unit#(Lot 3.17), St. John's, Newfoundland & Labrador, Canada A1A0L6
Status: Active
Last updated: a month ago ( Sep 6, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $3,140
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: 5
Rurl
Coordinates: [47.608862, -52.69612]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $503,992

Mortgage insurance premium: $0

Total Financing: $503,992

Rough closing fee (1.5%): ~ $9,450

Total downpayment with estimated closing fee: $135,448

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Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$0	$0
Gross rental income (income/principal ratio)	0.000%	0.000%
Mortgage	$0	$0
Monthly Expenses	$788	$9,456
Vacancy	$0	$0
Management Fee	$0	$0
Expense / Income Ratio	Infinity%	Infinity%
Cash Flow	$-788	$-9,456
Net Operating Income (NOI)	$-788	$-9,456
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).): $899,986

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