For sale · MLS® 1303882
Lot 2 Silas Morgan Estates
Conception Bay South, NL, A1X6R8
List price
$130,000
About this propertyMLS® 1303882
Prime serviced oversized building lot with 70 foot frontage in a brand new subdivision with a view of Conception Bay. Proposed start date of May 2026. Purchaser responsible for HST. (id:56688)
Property details
MLS®1303882
Listing ID30351124
AddressLot 2 Silas Morgan Estates, Conception Bay South, Newfoundland & Labrador, Canada A1X6R8
StatusActive
Last updateda month ago ( Oct 1, 2026 )
Property TypeVacant Land
Ownership TypeFreehold
SewerMunicipal sewage system
Lot Size Area7000
Tax Annual Amount$988
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceMunicipal water
Common InterestFreehold
Number of photos available1
RurlCoordinates: [47.465242, -53.083889]
Rooms
Basic Calculator
First Mortgage: $104,000
Mortgage insurance premium: $0
Total Financing: $104,000
Rough closing fee (1.5%): ~ $1,950
Total downpayment with estimated closing fee: $27,950
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
Capitalization Rate: 0.00%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $185,715
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