About the property (MLS: 1287388):
Great opportunity to buy over 7 acres of land in the growing Chamberlains neighbourhood of Conception Bay South. The portion of land fronting on Topsail Road is zoned commercial, with the rear land being zoned residential makes for a great mixed-use or land banking opportunity for the right developer. An older home is located at the front of the property and may add value for the right buyer. The land is approximately 134ft wide and extends back approximately 2380ft. (id:56688)
Property Details
MLS: 1287388
Listing ID: 28559933
Address: 2661 Topsail Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4A1
Status: Active
Last updated: 6 days ago ( Jul 4, 2025 )
Property Type: Vacant Land
Sewer: Municipal sewage system
Tax Annual Amount: $2,760
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Number of photos available: 8
Rurl
Coordinates: [47.525788, -52.94525]
Listing ID: 28559933
Address: 2661 Topsail Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4A1
Status: Active
Last updated: 6 days ago ( Jul 4, 2025 )
Property Type: Vacant Land
Sewer: Municipal sewage system
Tax Annual Amount: $2,760
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Number of photos available: 8
Rurl
Coordinates: [47.525788, -52.94525]
Rooms
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
Monthly | Yearly | |
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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).): $714,143