About this propertyMLS® 1302702
New rental unit buildings in highly visible commercial area. The property consists of 3 buildings with a total of 72 rental units. 34 units are heated and the remaining 38 are un heated. The layout provides for a convenient drive through setup for easy access. Units vary is size with a mixture of 8ft 10ft and 12 foot units. Each unit is 14 feet deep and is finished with metal siding on the interior walls and ceilings to help absorb any accidental impacts. Great investment opportunity right in the heart of Clarenville's busy commercial area!! (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Clarenville at a glance
Live market stats for Clarenville — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
58
Median list price
$246k
Price range
$29k – $1000k
Typical build
1991
Average size
2,266 sqft
Where Clarenville listings are priced
Every active list price in Clarenville, grouped into bands.
List price, thousands of $ · 53 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 22 |
| 200–300 | 10 |
| 300–400 | 11 |
| 400–500 | 5 |
| 500–750 | 1 |
| 750–1M | 4 |
How Clarenville compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
116 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$6,923 / year
≈ $577 / month
Nearby & drive routes
9 places shown · OpenStreetMap · OSRM
Schools 4
Health 1
Groceries 1
Cafés 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
$577/mo
Principal & interest $0 + property tax $577 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-973
NOI / month
$-973
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $577 | $6,923 |
| Expenses | $397 | $4,764 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-973 | $-11,676 |
| NOI | $-973 | $-11,676 |
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.















