About this propertyMLS® 1302770
FOR SALE OR LEASE A rare opportunity for hanger space, industrial repair or fabrication. This unique property features a large timer douglas fir wood frame Warren/Pratt type truss construction, concrete slab, full municipal services, with an approximate hanger floor area of 6400 square feet. This building has recently been remodelled inside, that included replacing the interior sheeting, electrical, plumbing, surface coatings, a live-in apartment and an attached trailer type bunkhouse with bathroom facilities. The main hanger measures 80’X80’ plus a 20’X20’ storage room, and the apartment measures 20’X60’. A firewall separates the the apartment and hanger. The apartment includes a modern industrial kitchen. This kitchen measures 10.5’X11’, and is open to a 20X13 living room. It has two bedrooms, one 13’X18.5’ and a master bedroom of 19’X15’. A 3’X5’ laundry room and a 7.5’X14’ bath separate the master from the living area. Stainless steel, and wood finishes are throughout the apartment, and the flooring is vinyl tile. General access to this property is via Halifax Street in the industrial area in Goose Bay, and is located adjacent to the intersection of runways 26 and 34 at CYYR airport. A large paved paved lay-down or taxiway separates the building from the airfield. A chain link fence surrounds most of the lot. This property is zoned Industrial Aviation and allows for unique usage. A full asbestos abatement program has been completed on this property, and a Phase I Environmental Site Assessment was recently completed in 2020. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Goose Bay at a glance
Live market stats for Goose Bay — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
1
Median list price
$4M
Price range
$4M – $4M
Typical build
1941
Average size
8,000 sqft
Where Goose Bay listings are priced
Every active list price in Goose Bay, grouped into bands.
List price, thousands of $ · 1 homes
View as table
| Price band ($) | Listings |
|---|---|
| 1M+ | 1 |
How Goose Bay compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
36 m above sea level
Property tax
$2,298 / year
≈ $192 / month
Climate
Jan -13° · Jul 21°
normal daily high · GOOSE BAY A station · 1991–2020
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Schools 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
$192/mo
Principal & interest $0 + property tax $192 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-4,998
NOI / month
$-4,998
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $192 | $2,298 |
| Expenses | $4,807 | $57,684 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-4,998 | $-59,976 |
| NOI | $-4,998 | $-59,976 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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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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