For sale · MLS® 1291639
26-62 First Avenue
Pasadena, NL, A0L1K0
List price
$3,600,000
About this propertyMLS® 1291639
Visit REALTOR® website for additional information. This expansive 60-acre parcel of land offers incredible potential for the right buyer or company. Currently zoned light industrial, the property holds exciting possibilities for rezoning, opening the door to a wide range of residential, commercial, or mixed-use developments. With demand for industrial space in the Humber Valley is on the rise; this property represents both a strategic investment and a visionary opportunity. Its prime location bordering the highway ensures excellent visibility and easy access—ideal for future growth and development. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
22 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$1,321 / year
≈ $110 / month · assessment year 2025
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
$111/mo
Principal & interest $0 + property tax $111 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-110
NOI / month
$-110
Cap rate
-0.04%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $111 | $1,321 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-110 | $-1,320 |
| NOI | $-110 | $-1,320 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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