Lot 2 Silas Morgan Estates
Conception Bay South, NL, A1X6R8
$130,000
About the property (MLS: 1293494):
Prime serviced oversized building lot with 70 foot frontage in a brand new subdivision with a view of Conception Bay. Proposed start date of May 2026. Purchaser responsible for HST. (id:56688)
Property Details
MLS: 1293494
Listing ID: 29228628
Address: Lot 2 Silas Morgan Estates, Conception Bay South, Newfoundland & Labrador, Canada A1X6R8
Status: Active
Last updated: 17 days ago ( Jan 8, 2026 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Lot Size Area: 7000
Tax Annual Amount: $988
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.46589, -53.083864]
Listing ID: 29228628
Address: Lot 2 Silas Morgan Estates, Conception Bay South, Newfoundland & Labrador, Canada A1X6R8
Status: Active
Last updated: 17 days ago ( Jan 8, 2026 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Lot Size Area: 7000
Tax Annual Amount: $988
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.46589, -53.083864]
Rooms
Basic Calculator
First Mortgage: $104,000
Mortgage insurance premium: $0
Total Financing: $104,000
Rough closing fee (1.5%): ~ $1,950
Total downpayment with estimated closing fee: $27,950
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).): $185,715
