
About this propertyMLS® 1299862
Approximately 6 acres of land for development located in an established residential area, backing on to the Island View Estates subdivision on St. Thomas Line. There is a great ocean view from most of the land. Photo is approximate outline of land. Any or all permits or development costs and HST are at the purchaser's expense. (id:56688)
Property details
MLS®1299862
Listing ID29986413
Address576 St Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L3T4
StatusActive
Last updated4 months ago ( Jul 3, 2026 )
Property TypeVacant Land
Ownership TypeFreehold
SewerNo sewage system
Lot Size Area5.797
Tax Annual Amount$0
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceNone
Common InterestFreehold
Number of photos available1
RurlCoordinates: [47.571502, -52.899163]
Rooms
Basic Calculator
First Mortgage: $319,200
Mortgage insurance premium: $0
Total Financing: $319,200
Rough closing fee (1.5%): ~ $5,985
Total downpayment with estimated closing fee: $85,785
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).): $570,000
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.


