About this propertyMLS® 1300893
Calling all developers and builders. This 0.5201 hectare hillside lot offers incredible potential for your next project. Nestled in a natural setting, the property is heavily treed, providing the perfect opportunity to harvest firewood or building logs - a valuable bonus for anyone planning to sustainably or to offset costs. With gentle sloping terrain, this lot is ideal for multi level construction or custom hillside design if you are a trendsetter. New survey will be required for closing, but a reference survey photo is available in the listing photos to help you visualize the boundaries. Please note that due to the dense tree coverage, on site photos may not fully reflect the size ad scope of the land. Whether you are looking to develop a private retreat or subdivide for future investment, this large parcel provides a rare combination of natural resources and development flexibility. Vendor recently added a driveway for easier access. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
31 m above sea level
Air quality now
AQHI 1.43 · Low risk
Burin station · updated 2:00 a.m.
Property tax
$450 / year
≈ $38 / month · assessment year 2026
Climate
Feb -1° · Aug 21°
normal daily high · WINTERLAND station · 1991–2020
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$38/mo
Principal & interest $0 + property tax $38 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-37
NOI / month
$-37
Cap rate
-0.51%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $38 | $450 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-37 | $-444 |
| NOI | $-37 | $-444 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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