1470 Topsail Road
Paradise, NL, A1L1R5
$349,900
About the property (MLS: 1281589):
Commercial property in a prime location. Almost a half acre. There are two services available on property, one on Topsail Rd. And one on Heightview. The possibilities are endless. Great for many different businesses or possible triplex, condo building, apt. Building etc. May need zoning change depending on what you want to put there. 147 ft. On topsail rd. And 131 ft. Going up heightview (id:56688)
Property Details
MLS: 1281589
Listing ID: 27889868
Address: 1470 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1R5
Status: Active
Last updated: a month ago ( Feb 9, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $740
Tax Year: 2025
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: 3
Rurl
Coordinates: [47.531335, -52.866047]
Listing ID: 27889868
Address: 1470 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1R5
Status: Active
Last updated: a month ago ( Feb 9, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $740
Tax Year: 2025
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: 3
Rurl
Coordinates: [47.531335, -52.866047]
Rooms
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
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).): $499,858
