
About the property (MLS: 1286036):
Development Opportunity! This commercially zoned lot in the East End of St. John's is located on the newly redone Majors Path. Close to many other amenities, shopping, airport, and residential areas, the opportunities are endless. The lot itself is vacant and level, which is ready for you to build whatever you can imagine. This also has convenient access to the TCH, providing great access to future business'. Call today! (id:56688)
Property Details
MLS: 1286036
Listing ID: 28438155
Address: 123 Majors Path, St. John's, Newfoundland & Labrador, Canada A1A4Z9
Status: Active
Last updated: 11 days ago ( Jun 9, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $3,540
Tax Year: 2025
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: 1
Rurl
Coordinates: [47.607774, -52.731239]
Listing ID: 28438155
Address: 123 Majors Path, St. John's, Newfoundland & Labrador, Canada A1A4Z9
Status: Active
Last updated: 11 days ago ( Jun 9, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $3,540
Tax Year: 2025
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: 1
Rurl
Coordinates: [47.607774, -52.731239]
Rooms
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
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).): $428,429