165-179 Commonwealth Avenue
Mount Pearl, NL, A1E6J5
$874,900
About the property (MLS: 1285653):
Unique Opportunity! Fully engineered site ready for development! Artist rendering is city approved for 10,000 square feet and up to 60 car parking! All infrastructure in place. Conveniently located with quiet stream directly on the property! *HST applicable to the purchaser. (id:56688)
Property Details
MLS: 1285653
Listing ID: 28379445
Address: 165-179 Commonwealth Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1E6J5
Status: Active
Last updated: 23 days ago ( May 28, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $0
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: 6
Rurl
Coordinates: [47.50876, -52.795048]
Listing ID: 28379445
Address: 165-179 Commonwealth Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1E6J5
Status: Active
Last updated: 23 days ago ( May 28, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $0
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: 6
Rurl
Coordinates: [47.50876, -52.795048]
Rooms
Basic Calculator
First Mortgage: $699,920
Mortgage insurance premium: $0
Total Financing: $699,920
Rough closing fee (1.5%): ~ $13,124
Total downpayment with estimated closing fee: $188,104
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).): $1,249,858
