2 Vanguard Court
St. John's, NL, A1A5N7
$695,000
About the property (MLS: 1279740):
UNIQUE OPPORTUNITY! Prime multi-purpose commercial building available on Vanguard Court, conveniently situated on an ~0.43 acre lot close to Stavanger Drive, St. John’s International Airport, and highway access! Comprising of both office (2315 sq ft) and warehouse space (2403 sq ft), it includes reception area, multiple offices, boardroom, kitchenette/lunchroom area and washroom facilities. Located in a high traffic area, the building is complete with 400AMP electrical service, two overhead garage doors, one with dock level loading and one with grade level loading, and ample parking. Great opportunity, don't miss out! *Any HST applicable is the responsibility of the Purchaser (id:56688)
Property Details
Listing ID: 27661380
Address: 2 Vanguard Court, St. John's, Newfoundland & Labrador, Canada A1A5N7
Status: Active
Last updated: 23 days ago ( Nov 18, 2024 )
Year Built: 1987
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: Baseboard heaters, Electric
Living Area Total: 4,718 square feet
Price per sq ft: $148
Tax Annual Amount: $16,602
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Electric
Common Interest: Freehold
Business Type: Industrial, Other, Service
Number of photos available: 36
Rurl
Coordinates: [47.606463, -52.740074]
Rooms
Basic Calculator
First Mortgage: $556,000
Mortgage insurance premium: $0
Total Financing: $556,000
Rough closing fee (1.5%): ~ $10,425
Total downpayment with estimated closing fee: $149,425
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $5,190 | $62,280 |
| Gross rental income (income/principal ratio) | 0.747% | 8.961% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $869 | $10,428 |
| Vacancy | $260 | $3,114 |
| Management Fee | $416 | $4,983 |
| Expense / Income Ratio | 16.74% | 16.74% |
| Cash Flow | $3,647 | $43,764 |
| Net Operating Income (NOI) | $3,647 | $43,764 |
| Capitalization Rate | 0.52% | 6.30% |
