For sale · MLS® 1302212
1176 Torbay Road
Torbay, NL, A1K1A4
List price
$239,900
About this propertyMLS® 1302212
Prime development opportunity at 1176 Torbay Road, located in a high-visibility, high-traffic area along the main route into Torbay. This property offers just over one acre of land with excellent highway exposure and convenient access, making it an ideal location for a variety of potential commercial or development opportunities. With strong visibility from Torbay Road and its strategic location, this site offers excellent potential for investors, developers, or businesses looking to establish a presence in a growing area. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
61 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$2,692 / year
≈ $224 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
5 places shown · 3 routes · OpenStreetMap · OSRM
- 17 min to downtown St. John's12.7 km
- 13 min to Memorial University9.2 km
- 14 min to Avalon Mall10.8 km
Schools 4
Groceries 1
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$225/mo
Principal & interest $0 + property tax $225 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-224
NOI / month
$-224
Cap rate
-1.12%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $225 | $2,692 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-224 | $-2,688 |
| NOI | $-224 | $-2,688 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
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Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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