For sale · MLS® 1286334
217 Indian Meal Line
Torbay, NL, A1K1G3
List price
$575,000
About this propertyMLS® 1286334
Ideal development opportunity! This approx 10 acre parcel of vacant land sits at the crossroads of Indian Meal Line and the Torbay Bypass Rd with over 750 feet of frontage on Indian Meal Line. The location provides great accessibility and exposure with though traffic connecting the City of St. John's and the communities of Torbay, Flatrock, Pouch Cove, Bauline and Portugal Cove-St. Philips. This is an ideal opportunity for commercial and/or residential development - current zoning allows opportunity for residential (single, double, row, apartment), recreational open space, commercial, and industrial uses. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
76 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,215 / year
≈ $101 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
1 place shown · 3 routes · OpenStreetMap · OSRM
- 18 min to downtown St. John's14.1 km
- 14 min to Memorial University10.6 km
- 15 min to Avalon Mall12.2 km
Parks 1
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
$102/mo
Principal & interest $0 + property tax $102 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-101
NOI / month
$-101
Cap rate
-0.21%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $102 | $1,215 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-101 | $-1,212 |
| NOI | $-101 | $-1,212 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
Your details go straight to Haris — never shared, never spammed.