For sale · MLS® 1303933
325 Hamilton Avenue
St. John's, NL, A1E1K1
List price
$300,000
About this propertyMLS® 1303933
An opportunity to acquire a vacant, high-visibility property on Hamilton Avenue, offering potential for a variety of commercial and residential uses, subject to applicable zoning and approvals. The main floor was previously operated as a medical clinic, while the upper level provides residential space. The well-maintained basement offers additional usable space. The building requires substantial renovations, presenting an opportunity for investors, developers, or owner-operators to bring their vision to life and explore its potential. Property to be sold in “AS IS, WHERE IS” condition. As per the Seller's Direction, there will be no conveyance of offers prior to 5:00 PM on Wednesday, October 7th, 2026. Offers are to remain open until 5:00 PM on Friday October 9th. 2026 (id:56688)
Property details
Coordinates: [47.549276, -52.72833]
Rooms
Basic Calculator
First Mortgage: $240,000
Mortgage insurance premium: $0
Total Financing: $240,000
Rough closing fee (1.5%): ~ $4,500
Total downpayment with estimated closing fee: $64,500
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $5,084 | $61,008 |
| Gross rental income (income/principal ratio) | 1.695% | 20.336% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $255 | $3,051 |
| Management Fee | $407 | $4,881 |
| Expense / Income Ratio | 7.38% | 7.38% |
| Cash Flow | $4,049 | $48,588 |
| Net Operating Income (NOI) | $4,049 | $48,588 |
| Capitalization Rate | 1.35% | 16.20% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.