50 Margaret's Place
St. John's, NL, A1C6N3
$1,250,000
About the property (MLS: 1286344):
Prime center city development property with approvals in place for a 44 suite condo or apartment project. Site is leveled and cleared. Municipal services in the street. Sales package includes architectural and engineering plans. LUAR and other city approval information available. Could be developed as a personal care home or other related usage. (id:56688)
Property Details
MLS: 1286344
Listing ID: 28452815
Address: 50 Margaret's Place, St. John's, Newfoundland & Labrador, Canada A1C6N3
Status: Active
Last updated: a month ago ( Jun 13, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $3,664
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: [47.568583, -52.717891]
Listing ID: 28452815
Address: 50 Margaret's Place, St. John's, Newfoundland & Labrador, Canada A1C6N3
Status: Active
Last updated: a month ago ( Jun 13, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $3,664
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: [47.568583, -52.717891]
Rooms
Basic Calculator
First Mortgage: $1,000,000
Mortgage insurance premium: $0
Total Financing: $1,000,000
Rough closing fee (1.5%): ~ $18,750
Total downpayment with estimated closing fee: $268,750
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).): $1,785,715
