About this propertyMLS® 1281954
Now offering this well-established, turn-key business in the downtown core of Channel-Port aux Basques. The primary business, First Choice Convenience, provides a wide array of goods and services including, confectionary, grocery, ice cream cakes, slushies, beer and lotto, and much more. A laundry service area is also a fantastic income generator, especially during peak tourism season. The basement level has an executive-style 3-bedroom residential unit that can be used as a primary residence or income generator, either as a long-term rental or AirBnB. There is ample private parking in the back of the building for tenants, customers or staff. The backyard has an amazing ocean view which is a bonus for tenants. The basement level also has plenty of extra storage space for personal or business items. The property also has 2 long-term business tenants which also provide a steady monthly income stream. This thriving business has been a fixture in the downtown area for many, many years and is a great opportunity for someone looking to be their own boss. To find out more about this amazing deal, contact today! (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Channel-Port aux Basques at a glance
Live market stats for Channel-Port aux Basques — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
18
Median list price
$177k
Price range
$16k – $390k
Typical build
1969
Average size
1,681 sqft
Where Channel-Port aux Basques listings are priced
Every active list price in Channel-Port aux Basques, grouped into bands.
List price, thousands of $ · 18 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 13 |
| 200–300 | 3 |
| 300–400 | 2 |
How Channel-Port aux Basques compares
Median list price against the next biggest markets — click a row for that area guide.
Channel-Port aux Basquesnearby markets
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Property tax
$3,579 / year
≈ $298 / month
Nearby & drive routes
5 places shown · OpenStreetMap · OSRM
Schools 2
Groceries 1
Parks 2
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$299/mo
Principal & interest $0 + property tax $299 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-298
NOI / month
$-298
Cap rate
-1.56%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $299 | $3,579 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-298 | $-3,576 |
| NOI | $-298 | $-3,576 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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