1-5 Park Avenue
Mount Pearl, NL, A1N1J1
$1,000,000
About the property (MLS: 1279074):
For sale, almost 3 acres of land zoned for commercial or residential use and ready for immediate development. Ideally located on Park Avenue just off Topsail Road and borders along the Waterford River. Ideal location for any type of business, (Apartments, seniors complex, restaurant, pub, daycare). (id:56688)
Property Details
MLS: 1279074
Listing ID: 27589039
Address: 1-5 Park Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1J1
Status: Active
Last updated: 3 months ago ( Oct 28, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $0
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: 2
Rurl
Coordinates: [47.520726, -52.777313]
Listing ID: 27589039
Address: 1-5 Park Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1J1
Status: Active
Last updated: 3 months ago ( Oct 28, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $0
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: 2
Rurl
Coordinates: [47.520726, -52.777313]
Rooms
Basic Calculator
First Mortgage: $800,000
Mortgage insurance premium: $0
Total Financing: $800,000
Rough closing fee (1.5%): ~ $15,000
Total downpayment with estimated closing fee: $215,000
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).): $1,428,572
