Telephone Email705 Topsail Road, Mount Pearl, Newfoundland & Labrador, Canada A1N3N4

For sale · MLS® 1301368

705 Topsail Road

Mount Pearl, NL, A1N3N4

3,900 sqftBuilt 1950

List price

$850,000

705 Topsail Road Mount Pearl Newfoundland & Labrador Canada A1N3N4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1301368

This building is located in a high traffic area of Topsail Rd. and is highly visible near a busy intersection. It is surrounded by retail businesses, and Government ofices, This property could suite many applications. (id:56688)

Property details

MLS®1301368

Listing ID30123735

Address705 Topsail Road, Mount Pearl, Newfoundland & Labrador, Canada A1N3N4

StatusActive

Last updated16 days ago ( Oct 14, 2026 )

Year Built1950

Property TypeRetail

Structure TypeSpecial Purpose

Ownership TypeFreehold

Number of stories3

Number of Levels3

HeatingForced air, Oil

FlooringWood, Concrete Slab

Living Area Total3,900 square feet

Price per sq ft: $218

Tax Annual Amount$4,599

Tax Year2026

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

RoofAsphalt shingle, Unknown

HeatingForced air, Oil

FlooringWood, Concrete Slab

Common InterestFreehold

Business TypeAutomobile

Number of photos available2

Rurl
Coordinates: [47.523107, -52.776197]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $680,000

Mortgage insurance premium: $0

Total Financing: $680,000

Rough closing fee (1.5%): ~ $12,750

Total downpayment with estimated closing fee: $182,750

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Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$4,290	$51,480
Gross rental income (income/principal ratio)	0.505%	6.056%
Mortgage	$0	$0
Monthly Expenses	$1,063	$12,756
Vacancy	$215	$2,574
Management Fee	$344	$4,119
Expense / Income Ratio	24.78%	24.78%
Cash Flow	$2,670	$32,040
Net Operating Income (NOI)	$2,670	$32,040
Capitalization Rate	0.31%	3.77%

Capitalization Rate: 3.77%

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).): $1,214,286

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