About this propertyMLS® 1299462
Rare opportunity to acquire approximately 6.2 acres of land in the Goulds. Located on Ruby Line, this expansive parcel offers a unique blend of rural character and proximity to city amenities, making it an attractive option for agricultural, horticultural, forestry, and other rural-use pursuits. The property is zoned Agriculture (AG) under the City of St. John's Development Regulations. Permitted uses within the AG Zone include agricultural operations, horticulture, forestry uses, veterinary clinics, home offices, public utilities, and, subject to specific requirements, a single detached dwelling associated with an agricultural or forestry use. The zone also provides for a variety of discretionary uses, including farm markets, agricultural tourism operations, aquaculture, hydroponics, kennels, cidery/winery uses, indoor riding arenas, accessory dwelling units, and certain residential uses, subject to City approval. Whether you're looking to establish a working farm, expand an existing agricultural operation, create a hobby farm, or secure a long-term land holding in a growing area of St. John's, this property offers exceptional potential. Acreage opportunities of this size within the City are increasingly difficult to find. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
138 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Flood zone
Outside floodplain
City of St. John's flood mapping · not flagged
Zoning
AG · AG
116.28 ha parcel
Property tax
$283 / year
≈ $24 / month · assessment year 2026
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 11 min to downtown St. John's11.7 km
- 18 min to Memorial University15.3 km
- 24 min to Avalon Mall22 km
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Calculators & neighbourhood
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Mortgage & investment calculator
Estimated monthly payment
$24/mo
Principal & interest $0 + property tax $24 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-23
NOI / month
$-23
Cap rate
-0.07%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $24 | $283 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-23 | $-276 |
| NOI | $-23 | $-276 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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