
About this propertyMLS® 1296723
Outstanding development opportunity in one of the most sought-after commercial corridors on Kenmount Road. Boasting approximately 200 metres of frontage, this highly visible parcel offers excellent accessibility and exposure, making it ideal for a variety of commercial ventures. Surrounded by established businesses and continued growth, this location positions your investment for long-term success.. 490,000.00 per Acre. Can be sold separately. (id:56688)
Property details
MLS®1296723
Listing ID29702693
Address1156-1168 Kenmount Parcel B Road, Paradise, Newfoundland & Labrador, Canada A1N1N4
StatusActive
Last updated6 months ago ( May 5, 2026 )
Property TypeVacant Land
Ownership TypeFreehold
SewerNo sewage system
Tax Annual Amount$0
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceNone
Common InterestFreehold
Number of photos available1
RurlCoordinates: [47.52454, -52.853922]
Rooms
Basic Calculator
First Mortgage: $1,332,800
Mortgage insurance premium: $0
Total Financing: $1,332,800
Rough closing fee (1.5%): ~ $24,990
Total downpayment with estimated closing fee: $358,190
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).): $2,380,000
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