For sale · MLS® 1286087
Lot 5 O'Connell Drive
Corner Brook, NL, A2H6V4
List price
$39,900
About this propertyMLS® 1286087
Calling all developers! This parcel of land situated on O'Connell Drive is approximately 1.5 acres and available now. It is CRDA zoning (Comprehensive Residential Development Area), strategically positioned along a primary thoroughfare with sweeping vistas overlooking the western expanse of the city. Spanning over 255 feet in width and nearly 300 feet of road frontage, the lot extends seamlessly from O'Connell Drive to the Lewin Parkway. Reach out today for comprehensive information and details. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
169 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$275 / year
≈ $23 / month
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
$23/mo
Principal & interest $0 + property tax $23 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-22
NOI / month
$-22
Cap rate
-0.66%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $23 | $275 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-22 | $-264 |
| NOI | $-22 | $-264 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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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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