For sale · MLS® 1301567
483 Main Road
St. Mary's, NL, A0B3B0
List price
$599,900
About this propertyMLS® 1301567
Welcome to 483 Main Road in the beautiful coastal town of St. Mary's. This sprawling property was formerly a personal care home. In recent years, it has been used as housing for seasonal workers. A large paved driveway invites you to the front of the building and provides ample parking. The exterior is completed with several large decks, a gazebo, and expansive green space. A 3000 square foot private home is attached to the property at the front, including 4 bedrooms and 2 baths. The rear expansion at the back added 11 bedrooms with private baths, several common areas for dining and lounging, as well as office spaces. A 26x48 detached garage can be found behind the building and provides even more storage space. There are endless commercial and/or residential opportunities for investment and development with this property. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
16 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$6,445 / year
≈ $537 / month
Nearby & drive routes
6 places shown · OpenStreetMap · OSRM
Schools 2
Health 1
Groceries 1
Parks 2
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
$538/mo
Principal & interest $0 + property tax $538 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-537
NOI / month
$-537
Cap rate
-1.07%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $538 | $6,445 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-537 | $-6,444 |
| NOI | $-537 | $-6,444 |
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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