For sale · MLS® 1296490
18-20 Trans Canada Highway
Holyrood, NL, A0A2R0
List price
$399,900
About this propertyMLS® 1296490
Situated on a level 2.8-acre parcel, this former nursery presents an exceptional opportunity for redevelopment or a fresh business venture. Fully gated and fenced, and framed by natural surroundings, the property offers both privacy and excellent visibility with convenient highway access—ideal for a variety of commercial uses. The existing building is bright and welcoming, featuring an open-concept layout that can be easily adapted to suit your needs. Whether you’re envisioning a revitalized garden centre, a wellness-focused retreat, or professional office or retail space, the possibilities here are wide open. Ample on-site parking and generous space for future expansion add to the appeal. Located in Holyrood with easy access to the Trans Canada HWY, this property combines accessibility with a peaceful setting—an uncommon mix that makes it a standout investment with significant potential. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
175 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,300 / year
≈ $108 / month
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 36 min to downtown St. John's45.3 km
- 35 min to Memorial University44.1 km
- 40 min to Avalon Mall50.8 km
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Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$109/mo
Principal & interest $0 + property tax $109 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-499
NOI / month
$-499
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $109 | $1,300 |
| Expenses | $391 | $4,692 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-499 | $-5,988 |
| NOI | $-499 | $-5,988 |
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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