TelephoneEmail1 Wallace's Road, Milton-Georges Brook, Newfoundland & Labrador, Canada

For sale · MLS® 1278019

1 Wallace's Road

Milton-Georges Brook, NL,

location

List price

$22,000

1 Wallace's Road Milton-Georges Brook Newfoundland & Labrador Canada null, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
1 Wallace's Road Milton-Georges Brook Newfoundland & Labrador Canada null, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1278019

This is a great location to build a new home. The land is flat and frontage on Trinity Drive , while side also on Wallace's Road. (id:56688)

Specifications

Property details

MLS®1278019
Listing ID27484477
Address1 Wallace's Road, Milton-Georges Brook, Newfoundland & Labrador, Canada
StatusActive
Last updated22 days ago ( Oct 10, 2026 )
Property TypeVacant Land
SewerNo sewage system
Tax Annual Amount$500
Water SourceNone
Common InterestFreehold
Number of photos available2

Room by room

Rooms

The essentials

Location, air, flood & taxes

Elevation

3 m above sea level

Air quality now

AQHI 1.82 · Low risk

St. John's station · updated 2:00 a.m.

Property tax

$500 / year

≈ $42 / month

Climate

Jan -2° · Aug 22°

normal daily high · LETHBRIDGE station · 1991–2020

Nearby & drive routes

1 place shown · OpenStreetMap · OSRM

Cafés 1

Plan ahead

Calculators & neighbourhood

Estimate payments and returns, and check how walkable this address is — all in one place.

Plan ahead

Mortgage & investment calculator

Estimated monthly payment

$42/mo

Rate 5%Term 30 yrDown 20% ($4,400)Tax $42/mo

Principal & interest $0 + property tax $42 per month

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Financing breakdown

First mortgage$17,600
CMHC insurance premium$0
Total financing$17,600
Closing costs (est. 1.5%)$330
Cash to close(down payment + closing)$4,730
Total interest over term$-22,000
Property tax/mo$42
Yearly payments+ tax$500

Rental math

Investment calculator

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Monthly cash flow

$-41

NOI / month

$-41

Cap rate

-2.24%

Gross yield

0.00%

Line itemMonthlyYearly
Gross rent$0$0
Mortgage$0$0
Property tax$42$500
Expenses$0$0
Vacancy$0$0
Management$0$0
Cash flow$-41$-492
NOI$-41$-492
After-repair value (ARV)$31,429

Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.

Get in touch

Have a question?

Send a message and Haris will get back to you — usually the same day.

Talk to Haris

A real person, every time

Buying, selling, or just curious about what your home is worth — no call centres, no runaround.

Haris Barki, REALTOR®
Keller Williams Platinum Realty

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