About this propertyMLS® 1294624
Formerly the Step Aside Gallery in the Burin Heritage Square, this beautiful building would be an incredible office building for you business or turn it into your new residence with a few modifications. The interior is striking as the dark wood of the floors is a stark contrast against the white walls. There are an incredible amount of windows that allow for brightness in most of the rooms. In the center of the main level is a most unique conversation piece. A well, which was uncovered during a renovation and was incorporated into the interior of the building. The second level of the building is mostly open concept. There was a piece added on to the building approximately 15 years ago which house a climate controlled, windowless room which was used for storing artwork. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
7 m above sea level
Air quality now
AQHI 1.43 · Low risk
Burin station · updated 2:00 a.m.
Property tax
$657 / year
≈ $55 / month
Climate
Feb -1° · Aug 21°
normal daily high · WINTERLAND station · 1991–2020
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Cafés 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$55/mo
Principal & interest $0 + property tax $55 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-118
NOI / month
$-118
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $55 | $657 |
| Expenses | $64 | $768 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-118 | $-1,416 |
| NOI | $-118 | $-1,416 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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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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