For sale · MLS® 1298561
LOTS B, C and D O'Connell Drive
Corner Brook, NL, A2H7V4
List price
$399,000
About this propertyMLS® 1298561
Potential for an amazing opportunity to construct multiple buildings that our city is in huge demand for! This opportunity to own over 7 acres of very accessible land in a prime location, is one to take notice. Direct access off O'Connell Drive with a road and plenty of space to develop from the ground up multi rental or 50 plus apartments. On top of this the owner is including another couple parcels on the other side of Country road that are also potential for much needed parking or construction of storage units. Great opportunity to take advantage of a huge need in our city! (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
150 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$851 / year
≈ $71 / month · assessment year 2026
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
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
$71/mo
Principal & interest $0 + property tax $71 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-70
NOI / month
$-70
Cap rate
-0.21%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $71 | $851 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-70 | $-840 |
| NOI | $-70 | $-840 |
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
A real person, every time
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
Your details go straight to Haris — never shared, never spammed.