For sale · MLS® 1302574
89 West Street
Stephenville Crossing, NL, A0N2C0
List price
$829,000
About this propertyMLS® 1302574
PRIME MULTI-UNIT INVESTMENT OPPORTUNITY | 11 UNITS | STRONG INCOME POTENTIAL Savvy investors, take note! This exceptional multi-building property offers an outstanding opportunity to acquire 11 rental units across three separate buildings, creating an attractive income-producing asset with significant potential. The property consists of two buildings with 3 units each and a third building with 5 units, providing excellent diversification and multiple revenue streams within one investment. Whether you’re an experienced investor looking to expand your portfolio or entering the multi-unit market, this property offers tremendous potential for long-term income and growth. A rare opportunity to secure a substantial income property at an attractive price point. Opportunities like this don’t come along often! Call or email today for additional information, financial details, or to arrange a private viewing. Serious investors are encouraged to inquire. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Stephenville Crossing at a glance
Live market stats for Stephenville Crossing — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
15
Median list price
$199k
Price range
$25k – $829k
Typical build
1974
Average size
2,397 sqft
Where Stephenville Crossing listings are priced
Every active list price in Stephenville Crossing, grouped into bands.
List price, thousands of $ · 15 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 9 |
| 200–300 | 3 |
| 300–400 | 1 |
| 500–750 | 1 |
| 750–1M | 1 |
How Stephenville Crossing compares
Median list price against the next biggest markets — click a row for that area guide.
Stephenville Crossingnearby markets
The essentials
Location, air, flood & taxes
Elevation
3 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$2,039 / year
≈ $170 / month · assessment year 2025
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
6 places shown · OpenStreetMap · OSRM
Schools 4
Groceries 1
Parks 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
$170/mo
Principal & interest $0 + property tax $170 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-169
NOI / month
$-169
Cap rate
-0.24%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $170 | $2,039 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-169 | $-2,028 |
| NOI | $-169 | $-2,028 |
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
A real person, every time
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
Your details go straight to Haris — never shared, never spammed.