For sale · MLS® 1303025
46 Conception Bay Highway
Holyrood, NL, A0A2R0
List price
$289,900
About this propertyMLS® 1303025
Excellent investment opportunity in Holyrood! This three-apartment property offers strong income potential and is situated on an oversized lot that may provide exciting possibilities for future development or expansion, subject to municipal approval. The property features a new roof installed in summer 2026, and most windows have been replaced. Each apartment has its own electrical service and breaker panel, with 125-amp service per unit. The two main-floor apartments each feature 2 bedrooms, a living room, dining room, and laundry room. The basement apartment offers 1 bedroom, a large storage room, laundry area, spacious L-shaped living room, and a good-sized kitchen. Outside, the expansive lot offers plenty of space and added potential for the future. The generous lot size provides an opportunity to explore future development possibilities, subject to municipal approval. Whether you’re looking to add an income-producing property to your portfolio or see the potential in a larger parcel for future growth, 46 Conception Bay Highway is an opportunity worth exploring. OVERSIZED ~30,000 SQ. FT. LOT WITH EXCELLENT POTENTIAL FOR FUTURE DEVELOPMENT OR EXPANSION! (SUBJECT TO MUNICIPAL APPROVAL.) (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Bath (# pieces 1-6) Storage Bedroom Living room Eat in kitchen | 6.2 X 9.7 8.2 X 8.2 10.7 X 9.7 19.7 X 11.9 10.8 X 14 |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Eat in kitchen Living room Bath (# pieces 1-6) Bedroom Primary Bedroom Eat in kitchen Living room Foyer | 8.5 X 12.1 10.1 X 9.11 10.2 X 10.10 8.5 X 11.3 18.10 X 15 5.2 X 9.7 11.8 X 11.1 11.8 X 12.11 13.6 X 13.7 13.2 X 16.1 4.2 X 3.1 |
The essentials
Location, air, flood & taxes
Elevation
54 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 32 min to downtown St. John's38.5 km
- 33 min to Memorial University37.8 km
- 38 min to Avalon Mall44.5 km
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Calculators & neighbourhood
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Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-363
NOI / month
$-363
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $363 | $4,356 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-363 | $-4,356 |
| NOI | $-363 | $-4,356 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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