About this propertyMLS® 1297883
30 ACRES OF LAND IN THE GOULDS FOR SALE. THIS PROPERTY WAS PREVIOUSLY OPERATED AS ST JOHN'S RACING AND ENTERTAINMENT CENTER. THE LAND AND BUILDINGS AS IS ARE INCLUDED IN THE SALE. PURCHASER WILL BE RESPONSIBLE FOR OBTAINING ALL DEVELOPMENT PERMITS REQUIRED BY APPROPRIATE GOVT AGENCIES. HST IS APPLICABLE. SOME PORTION OF THE PROPERTY IS NOTED TO BE IN FLOOD PLAIN. (id:56688)
Property details
MLS®1297883
Listing ID29784662
Address65 LakeView Drive, St.Johns, Newfoundland & Labrador, Canada A1S1M9
StatusActive
Last updated4 months ago ( Jun 15, 2026 )
Property TypeOther
Ownership TypeFreehold
ViewView
HeatingNo heat
Tax Annual Amount$0
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontYes
PoolNo
HeatingNo heat
Common InterestFreehold
Business TypeOther
Number of photos available29
RurlCoordinates: [47.447149, -52.763387]
Rooms
Basic Calculator
First Mortgage: $599,200
Mortgage insurance premium: $0
Total Financing: $599,200
Rough closing fee (1.5%): ~ $11,235
Total downpayment with estimated closing fee: $161,035
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).): $1,070,000
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