About this propertyMLS® 1299292
Great parcel of land to develop for rental units, located close to all amenities, only short walk to schools, shopping, Town Center, etc. Flat and needs very little work to develop, this would be a good location to put a couple of rental units. The land right now has about 300' of useable land along Cathill Road so it could be subdivided if desired. Permits and Town water and sewer will be the responsibility of the buyer to establish with the Town. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
29 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$350 / year
≈ $29 / month · assessment year 2026
Nearby & drive routes
9 places shown · 3 routes · OpenStreetMap · OSRM
- 71 min to downtown St. John's90.7 km
- 70 min to Memorial University89.5 km
- 75 min to Avalon Mall96.2 km
Schools 3
Groceries 3
Cafés 1
Parks 2
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
$30/mo
Principal & interest $0 + property tax $30 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-29
NOI / month
$-29
Cap rate
-0.39%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $30 | $350 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-29 | $-348 |
| NOI | $-29 | $-348 |
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.






