About the property (MLS: 1288359):
This property offers substantial potential as a large lot, ideal for developers or someone looking to do a self-build. Its prime location near Team Gushue Highway, Kenmount Road, and under 10 minutes from downtown adds significant appeal for commuters or anyone looking for proximity to key amenities. With town and septic approvals in place this is a unique opportunity to build your dream home on a huge lot in the middle of the city with ease. HST is the responsibility of the purchaser. (id:56688)
Property Details
MLS: 1288359
Listing ID: 28652616
Address: 378 Old Pennywell Road, St. John's, Newfoundland & Labrador, Canada A1B1A9
Status: Active
Last updated: 4 months ago ( Jul 25, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Septic tank
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Well
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.549271, -52.771141]
Listing ID: 28652616
Address: 378 Old Pennywell Road, St. John's, Newfoundland & Labrador, Canada A1B1A9
Status: Active
Last updated: 4 months ago ( Jul 25, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Septic tank
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Well
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.549271, -52.771141]
Rooms
Basic Calculator
First Mortgage: $135,920
Mortgage insurance premium: $0
Total Financing: $135,920
Rough closing fee (1.5%): ~ $2,549
Total downpayment with estimated closing fee: $36,529
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).): $242,715












