About this propertyMLS® 1300183
Commercial property in a prime location. Almost a half acre. There are two services available on property, one on Topsail Rd. And one on Heightview. The possibilities are endless. Great for many different businesses or possible triplex, condo building, apt. Building etc. May need zoning change depending on what you want to put there. 147 ft. On topsail rd. And 131 ft. Going up heightview (id:56688)
Property details
MLS®1300183
Listing ID30012343
Address1470 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1R5
StatusActive
Last updated4 months ago ( Jul 9, 2026 )
Property TypeVacant Land
Ownership TypeFreehold
SewerMunicipal sewage system
Tax Annual Amount$740
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceMunicipal water
Common InterestFreehold
Number of photos available3
RurlCoordinates: [47.532422, -52.86063]
Rooms
Basic Calculator
First Mortgage: $260,000
Mortgage insurance premium: $0
Total Financing: $260,000
Rough closing fee (1.5%): ~ $4,875
Total downpayment with estimated closing fee: $69,875
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).): $464,286
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