18-20 Campbell Avenue
St. John's, NL, A1E2Z2
$149,900
About the property (MLS: 1276739):
Prime, cleared, multi-unit building opportunity ideally located within walking distance to both the centre city and downtown! Offering an area of 471.6m, and just shy of 18m frontage, this lot can accommodate a multi-unit apartment building of at least 3 units based on R2 zoning. Based on the City's updated development regulations in 2024 allowing for greater housing density, this is the opportune moment to capitalize on the limited land available for development. Near bus routes, St. Claire's hospital, new development at the old Grace Hospital site, many amenities, and all centre city post secondary, medical and workplace institutions! Your perfect next project site! Jump on this today! If HST is applicable it is the responsibility of the purchaser. (id:56688)
Property Details
Listing ID: 27377182
Address: 18-20 Campbell Avenue, St. John's, Newfoundland & Labrador, Canada A1E2Z2
Status: Active
Last updated: 7 days ago ( Dec 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $682
Tax Year: 2024
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: 11
Rurl
Coordinates: [47.554981, -52.723714]
Rooms
Basic Calculator
First Mortgage: $119,920
Mortgage insurance premium: $0
Total Financing: $119,920
Rough closing fee (1.5%): ~ $2,249
Total downpayment with estimated closing fee: $32,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $188 | $2,256 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-188 | $-2,256 |
| Net Operating Income (NOI) | $-188 | $-2,256 |
| Capitalization Rate | -0.13% | -1.51% |
