576 St. Thomas Line
Paradise, NL, A1L3T4
$399,999
About the property (MLS: 1278424):
This is a great piece of land for future development. Located in a desirable area and right beside the sought after Atlantica subdivision. With almost 6 acres whether you want to develop it right away or sit on it for awhile, its a great asset to have. You know the saying they aren't making anymore land. Any or all permits and HST will be responsibility of the purchaser. (id:56688)
Property Details
MLS: 1278424
Listing ID: 27527848
Address: 576 St. Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L3T4
Status: Active
Last updated: 3 months ago ( Nov 4, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Lot Size Area: 5.797
Tax Annual Amount: $1,158
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.571636, -52.899661]
Listing ID: 27527848
Address: 576 St. Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L3T4
Status: Active
Last updated: 3 months ago ( Nov 4, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Lot Size Area: 5.797
Tax Annual Amount: $1,158
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.571636, -52.899661]
Rooms
Basic Calculator
First Mortgage: $320,000
Mortgage insurance premium: $0
Total Financing: $320,000
Rough closing fee (1.5%): ~ $6,000
Total downpayment with estimated closing fee: $86,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
Capitalization Rate: 0.00%
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).): $571,428
