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TelephoneEmail949 Topsail Road, Mount Pearl, Newfoundland & Labrador, Canada A1N2K1

949 Topsail Road

Mount Pearl, NL, A1N2K1

location

$1,500,000

949 Topsail Road Mount Pearl Newfoundland & Labrador Canada A1N2K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
949 Topsail Road Mount Pearl Newfoundland & Labrador Canada A1N2K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
949 Topsail Road Mount Pearl Newfoundland & Labrador Canada A1N2K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
949 Topsail Road Mount Pearl Newfoundland & Labrador Canada A1N2K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
949 Topsail Road Mount Pearl Newfoundland & Labrador Canada A1N2K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
949 Topsail Road Mount Pearl Newfoundland & Labrador Canada A1N2K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
949 Topsail Road Mount Pearl Newfoundland & Labrador Canada A1N2K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280917):

This commercial property enjoys prime positioning in a bustling area of Topsail Rd, ensuring excellent public visibility. Currently utilised as a restaurant, it holds immense potential for conversion into various businesses. If you are looking to home your thriving business then 949 Topsail Rd is a must see! With a generous allocation of 29 parking spaces, the property spans approximately 1.83 acres, featuring undeveloped rear space suitable for diverse applications. Explore the possibilities—your business's new home. With well over 6000 square feet of usable space the space is there for you! The basement is fully finished, and the property benefits from a highly efficient 4-head mini-split heating and cooling system, ensuring cost-effective operation. (id:56688)

Property Details
MLS: 1280917
Listing ID: 27800945
Address: 949 Topsail Road, Mount Pearl, Newfoundland & Labrador, Canada A1N2K1
Status: Active
Last updated: 22 days ago ( Jan 23, 2025 )
Property Type: Office
Structure Type: Offices
Ownership Type: Freehold
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Tax Annual Amount: $8,672
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Common Interest: Freehold
Business Type: Restaurant, Retail and Wholesale, Service
Number of photos available: 7
Rurl
Coordinates: [47.52358, -52.801416]

Rooms

Basic Calculator



First Mortgage: $1,200,000

Mortgage insurance premium: $0

Total Financing: $1,200,000

Rough closing fee (1.5%): ~ $22,500

Total downpayment with estimated closing fee: $322,500

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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).): $2,142,858