About this propertyMLS® 1296180
Discover the perfect setting to build your dream home on this expansive ¾ acre lot, ideally located off Indian Meal Line in the beautiful town of Torbay. Situated on a public road with convenient access to the new Torbay Access Road and Stavanger Drive, this premium parcel of land offers both tranquility and convenience. Zoned Residential and ready for development, the lot features septic service, and freehold title ownership, providing you with full control and investment value. Whether you’re a homebuilder, investor, or future homeowner, this property is a rare opportunity in a sought-after area with proximity to schools, amenities, and scenic surroundings. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
184 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$871 / year
≈ $73 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
1 place shown · 3 routes · OpenStreetMap · OSRM
- 22 min to downtown St. John's16.2 km
- 18 min to Memorial University12.7 km
- 15 min to Avalon Mall9.4 km
Parks 1
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
$73/mo
Principal & interest $0 + property tax $73 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-72
NOI / month
$-72
Cap rate
-0.86%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $73 | $871 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-72 | $-864 |
| NOI | $-72 | $-864 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
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Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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