TelephoneEmail15 Brakes Lane, Meadows, Newfoundland & Labrador, Canada A2H6B9

For sale · MLS® 1285079

15 Brakes Lane

Meadows, NL, A2H6B9

location

List price

$250,000

15 Brakes Lane Meadows Newfoundland & Labrador Canada A2H6B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
15 Brakes Lane Meadows Newfoundland & Labrador Canada A2H6B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
15 Brakes Lane Meadows Newfoundland & Labrador Canada A2H6B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1285079

Located in town of Meadows, NL, approximately 30 minutes from Corner Brook, just over 7 acre lot with mountain/water views. Great development opportunity or maybe build your dream home or do both. Enjoy all that nature has to offer whether it's hiking, sledding, ATV, etc. (id:56688)

Specifications

Property details

MLS®1285079
Listing ID28318695
Address15 Brakes Lane, Meadows, Newfoundland & Labrador, Canada A2H6B9
StatusActive
Last updated6 months ago ( May 11, 2026 )
Property TypeVacant Land
SewerMunicipal sewage system
Tax Annual Amount$900
Tax Year2025
Water SourceMunicipal water
Common InterestFreehold
Number of photos available3

Room by room

Rooms

The essentials

Location, air, flood & taxes

Elevation

75 m above sea level

Air quality now

AQHI 1 · Low risk

Corner Brook station · updated 2:00 a.m.

Property tax

$900 / year

≈ $75 / month · assessment year 2025

Climate

Feb -3° · Jul 22°

normal daily high · CORNER BROOK station · 1991–2020

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

$75/mo

Rate 5%Term 30 yrDown 20% ($50,000)Tax $75/mo

Principal & interest $0 + property tax $75 per month

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Financing breakdown

First mortgage$200,000
CMHC insurance premium$0
Total financing$200,000
Closing costs (est. 1.5%)$3,750
Cash to close(down payment + closing)$53,750
Total interest over term$-250,000
Property tax/mo$75
Yearly payments+ tax$900

Rental math

Investment calculator

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Monthly cash flow

$-75

NOI / month

$-75

Cap rate

-0.36%

Gross yield

0.00%

Line itemMonthlyYearly
Gross rent$0$0
Mortgage$0$0
Property tax$75$900
Expenses$0$0
Vacancy$0$0
Management$0$0
Cash flow$-75$-900
NOI$-75$-900
After-repair value (ARV)$357,143

Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.

Neighbourhood scores
Walk Score for 15 Brakes LaneBike Score for 15 Brakes LaneTransit Score for 15 Brakes Lane
Explore Meadows on Walk Score

Get in touch

Have a question?

Send a message and Haris will get back to you — usually the same day.

Talk to Haris

A real person, every time

Buying, selling, or just curious about what your home is worth — no call centres, no runaround.

Haris Barki, REALTOR®
Keller Williams Platinum Realty

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