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TelephoneEmail9 McNamara Drive, Paradise, Newfoundland & Labrador, Canada A1L0A7

9 McNamara Drive

Paradise, NL, A1L0A7

location

$450,000

9 McNamara Drive Paradise Newfoundland & Labrador Canada A1L0A7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 McNamara Drive Paradise Newfoundland & Labrador Canada A1L0A7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 McNamara Drive Paradise Newfoundland & Labrador Canada A1L0A7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 McNamara Drive Paradise Newfoundland & Labrador Canada A1L0A7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 McNamara Drive Paradise Newfoundland & Labrador Canada A1L0A7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 McNamara Drive Paradise Newfoundland & Labrador Canada A1L0A7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 McNamara Drive Paradise Newfoundland & Labrador Canada A1L0A7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279639):

Excellent commercial location in the center of a bustling district of Paradise. Located on the corner of McNamara Drive and Dianne Whelan Drive, this location has a proven traffic count that continues to grow year by year with many businesses, recreation facilities, walking trails and schools within walking distance. This location is ideal for a multitude of business including retail, professional offices, restaurants (drive-thru options available), warehouses, and recreation. Pictures indicate a variety of concept plans that would suit a wide range of businesses. (id:56688)

Property Details
MLS: 1279639
Listing ID: 27650168
Address: 9 McNamara Drive, Paradise, Newfoundland & Labrador, Canada A1L0A7
Status: Active
Last updated: 4 months ago ( Nov 14, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 7
Rurl
Coordinates: [47.52362, -52.868757]

Rooms

Basic Calculator



First Mortgage: $360,000

Mortgage insurance premium: $0

Total Financing: $360,000

Rough closing fee (1.5%): ~ $6,750

Total downpayment with estimated closing fee: $96,750

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Investment Calculator:

MonthlyYearly
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 RatioNaN%NaN%
Cash Flow$0$0
Net Operating Income (NOI)$0$0
Capitalization Rate0.00%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).): $642,858