For sale · MLS® 1304392
3-11 Cross Meadow Road
Conception Bay South, NL, A1W4Y4
List price
$299,900
About this propertyMLS® 1304392
Prime Development Opportunity: Up to 11-Lot Subdivision Potential, Conception Bay South Discover an exceptional opportunity to develop in one of Newfoundland’s most sought-after communities. This property on Cross Mountain Road offers the potential for a subdivision of up to 11 lots, making it ideal for builders, developers, and investors looking to capitalize on Conception Bay South’s steady demand for housing. Conveniently located just off Anchorage Road, the property offers quick access to the Conception Bay Highway, shopping, schools, and recreation, with St. John’s only a short commute away. Municipal water and sewer services are available adjacent to the neighbouring lot, helping to keep servicing costs manageable.You could also build two separate homes on large private lots Whether you’re planning a residential community or a phased build-out, this is a rare chance to secure a sizeable parcel in a growing area. Contact today for more details and to arrange a viewing. (id:56688)
Property details
Coordinates: [47.497878, -52.956954]
Rooms
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
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| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
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| 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% |
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