For sale · MLS® 1300664
70 Sugarloaf Road
St. John's, NL, A1A5V5
List price
$449,900
About this propertyMLS® 1300664
Outstanding investment and development opportunity! This impressive parcel of over two acres is ideally located directly across from Sugarloaf Place in a highly accessible area with excellent highway connectivity. Currently zoned Rural, the City of St. John's has confirmed the property has the potential to be rezoned for Commercial (with City approvals), creating exceptional possibilities for a wide range of future development opportunities. Boasting a prime location, generous size, and outstanding development potential, this property is well suited for investors, developers, or businesses seeking a strategic location with excellent accessibility and long-term growth potential. Any HST / rezoning costs is the responsibility of the purchaser. Any permits, development approvals, rezoning expenses, and applicable HST shall be the responsibility of the purchaser(s). (id:56688)
Property details
Coordinates: [47.612099, -52.680376]
Rooms
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
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% |
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