591 Southside Road
St. John's, NL, A1E1A4
$295,000
About the property (MLS: 1289687):
Prime Development Opportunity on Southside Road St. John’s! Developers, builders, and land bankers, this is your chance to create a standout residential project in one of St. John’s most unique locations! •591 Southside Road is one of the last remaining residential projects within walking and biking distance of the downtown core. •Perfect location for new home options in a well-established community. •Re-zoned R2, the land can accommodate five single-family detached homes. •Much pre-work has been completed – including a survey and geotechnical report with approximately 10 test pits. •The site offers access to well-established amenities - Bowring Park with 200 acres of hiking trails, playgrounds, and sports facilities to the west, and the historic Newfoundland Railway hiking and biking trail. •With easy highway access to Pitts Memorial Drive, Columbus Drive, the TransCanada Highway, and Veterans' Memorial Highway, this site is the perfect location for your next development - offering both proximity to major travel routes and the tranquility of a traffic calmed street - all within minutes of the heart of downtown St. John’s. This site offers the rare opportunity for creative, architectural designs that take advantage of the stunning views of this Southside Road setting. While existing design concepts are available, you are free to bring your own innovative ideas to life on this canvas. Don’t miss this incredible opportunity to create a landmark residential development in a prime location! (id:56688)
Property Details
Listing ID: 28782158
Address: 591 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A4
Status: Active
Last updated: 3 months ago ( Aug 27, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Tax Annual Amount: $1,183
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 7
Rurl
Coordinates: [47.54038, -52.725149]
Rooms
Basic Calculator
First Mortgage: $236,000
Mortgage insurance premium: $0
Total Financing: $236,000
Rough closing fee (1.5%): ~ $4,425
Total downpayment with estimated closing fee: $63,425
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% |
