For sale · MLS® 1292723
210 Humber Avenue
Labrador City, NL, A2V2W8
List price
$2,100,000
About this propertyMLS® 1292723
This well-maintained, fully occupied commercial building offers a highly versatile layout with multiple income-generating spaces. One business occupies 5 offices, complete with a mechanical room, full kitchen and bathroom, providing substantial office capacity within the property. Also on the main level is an large, front facing entertainment establishment (business not included). At the rear of the building is a generously sized warehouse featuring a second-level mezzanine, well suited for warehousing, storage units, or a variety of commercial and operational uses. With a large garage door, off-loading trucks with a forklift is no problem! The upper floor includes 2 office spaces, a full kitchen, two full bathrooms, and five additional rooms, offering flexibility for administrative, storage, living, or workspace needs. The highlight of the property is it is equipped with a 3-phase 600-volt electrical system, ideal for users requiring higher power capacity. Exterior construction includes metal and composite siding. Centrally located with strong visibility and convenient access, this property offers excellent flexibility and long-term potential for investors or owner-users. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Labrador City at a glance
Live market stats for Labrador City — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
14
Median list price
$377k
Price range
$275k – $2.1M
Typical build
1975
Average size
9,810 sqft
Where Labrador City listings are priced
Every active list price in Labrador City, grouped into bands.
List price, thousands of $ · 14 homes
View as table
| Price band ($) | Listings |
|---|---|
| 200–300 | 2 |
| 300–400 | 6 |
| 400–500 | 1 |
| 500–750 | 3 |
| 1M+ | 2 |
How Labrador City compares
Median list price against the next biggest markets — click a row for that area guide.
Labrador Citynearby markets
The essentials
Location, air, flood & taxes
Elevation
557 m above sea level
Air quality now
AQHI 1.72 · Low risk
Labrador City station · updated 1:00 a.m.
Property tax
$20,534 / year
≈ $1,711 / month · assessment year 2024
Climate
Jan -17° · Jul 19°
normal daily high · WABUSH LAKE A station · 1991–2020
Nearby & drive routes
20 places shown · OpenStreetMap · OSRM
Schools 8
Groceries 2
Cafés 1
Parks 9
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
$1,712/mo
Principal & interest $0 + property tax $1,712 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-2,624
NOI / month
$-2,624
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $1,712 | $20,534 |
| Expenses | $913 | $10,956 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-2,624 | $-31,488 |
| NOI | $-2,624 | $-31,488 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
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Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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