147-149 Thorburn Road
St. John's, NL, A1B4P8
$799,900
About the property (MLS: 1293880):
Outstanding site in the city near all amenities! Rare 0.73 acre that is zoned A2 and offers many opportunities. Architectural plans with listing agent on 1. Proposed 32 condo development (zoning could accommodate a 6 story building), and 2. An affordable housing concept plan showing 49 apartments (subject to city approval). Stage 1 Environmental assessment has been completed. Land borders Red Bridge River and Goldstone Street. (id:56688)
Property Details
MLS: 1293880
Listing ID: 29265219
Address: 147-149 Thorburn Road, St. John's, Newfoundland & Labrador, Canada A1B4P8
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $4,257
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Community Water System
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.565031, -52.770896]
Listing ID: 29265219
Address: 147-149 Thorburn Road, St. John's, Newfoundland & Labrador, Canada A1B4P8
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $4,257
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Community Water System
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.565031, -52.770896]
Rooms
Basic Calculator
First Mortgage: $639,920
Mortgage insurance premium: $0
Total Financing: $639,920
Rough closing fee (1.5%): ~ $11,999
Total downpayment with estimated closing fee: $171,979
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).): $1,142,715
