147-149 Thorburn Road
St. John's, NL, A1B4P8
$799,900
About the property (MLS: 1283541):
Outstanding site in the City near all amenities! Rare .73 acre that is zoned A2 & offers many opportunities. Architectural plans with listing agent on; 1. proposed 32 condo development (zoning could accommodate a 6 storey Bldg) & 2. an affordable housing concept plan showing 49 apartments (subject to City approval). Stage 1 Environmental assessment has been completed. Land borders Red Bridge River & Goldstone St. (id:56688)
Property Details
MLS: 1283541
Listing ID: 28143453
Address: 147-149 Thorburn Road, St. John's, Newfoundland & Labrador, Canada A1B4P8
Status: Active
Last updated: a month ago ( Apr 9, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $4,257
Tax Year: 2022
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Community Water System
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.564851, -52.770776]
Listing ID: 28143453
Address: 147-149 Thorburn Road, St. John's, Newfoundland & Labrador, Canada A1B4P8
Status: Active
Last updated: a month ago ( Apr 9, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $4,257
Tax Year: 2022
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Community Water System
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.564851, -52.770776]
Rooms
Basic Calculator
First Mortgage: $639,920
Mortgage insurance premium: $0
Total Financing: $639,920
Rough closing fee (1.5%): ~ $11,999
Total downpayment with estimated closing fee: $171,979
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).): $1,142,715
