For sale · MLS® 1294719
100 Magee Road
Gander, NL, A1V2R3
List price
$7,300,000
About this propertyMLS® 1294719
What an opportunity! Step into this provincially licensed enhanced care retirement home that features charming spaces and quality care. On entering the 14 year old, 2 storey, 56 room (36 singles, 20 doubles) facility you get a very welcoming, warm, cozy feeling of home. Currently there are no vacancies available and the wait list exists. Licensed for 76 residents, it offers a dining room, activity room, library/lounge and 2 other lounges. Room sizes vary, standard room size is 15x16 plus a private bathroom. There are 6 handicap rooms avaliable also. Employed are 27 amazing staff that create an enjoyable experience for each resident. It is a first class retirement facility where safety is priority, along with makin geach residnet feel a part of the community and at home. A viewing is a must to get that true welcoming feeling of home. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
120 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$133,424 / year
≈ $11,119 / month
Climate
Jan -3° · Jul 22°
normal daily high · GANDER INT'L A station · 1991–2020
Nearby & drive routes
6 places shown · OpenStreetMap · OSRM
Schools 3
Groceries 1
Parks 2
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
$11,119/mo
Principal & interest $0 + property tax $11,119 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-11,118
NOI / month
$-11,118
Cap rate
-1.83%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $11,119 | $133,424 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-11,118 | $-133,416 |
| NOI | $-11,118 | $-133,416 |
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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