For sale · MLS® 1298732
1186 Topsail Road
Mount Pearl, NL, A1N5E8
List price
$650,000
About this propertyMLS® 1298732
Prime commercial opportunity with exceptional potential! This property offers a rare chance for investors, developers, or entrepreneurs looking to secure a high-visibility location with future growth possibilities. The adjoining parcel with dual road access is also available for sale, creating added flexibility and development potential. Currently situated on the lot is a 3-bedroom, 1-bathroom home that requires TLC, making it ideal for buyers looking to renovate, redevelop, or reimagine the space entirely. Whether you choose to restore the existing home, establish a new commercial venture, or combine both parcels for a larger project, the possibilities here are endless. Excellent exposure, convenient access, and strong redevelopment potential make this a standout investment opportunity. The adjoining 1190-1192 Topsail road. property is also available for sale, for people looking for a larger piece of corner lot on Topsail road with dual road access. With both pieces of land together, the opportunities are endless. (id:56688)
Property details
Coordinates: [47.52766, -52.825092]
Rooms
Basic Calculator
First Mortgage: $520,000
Mortgage insurance premium: $0
Total Financing: $520,000
Rough closing fee (1.5%): ~ $9,750
Total downpayment with estimated closing fee: $139,750
Investment Calculator:
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| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
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| 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% |
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