For sale · MLS® 1304402
34 DISCOVERY Estates
GEORGES BROOK - MILTON, NL, A5A0J3
List price
$399,900
About this propertyMLS® 1304402
Opportunity and potential all wrapped into one! This unique property offers plenty of possibilities, whether you're looking to step into an established business setup, explore a new venture, or transform the space into an amazing home! Located approximately 15 minutes from Clarenville on a spacious ½-acre lot, there's plenty of room for parking and potential expansion. The beautifully finished, turnkey salon features a welcoming reception/waiting area, 3 workstations, a wash station, private esthetics room, laundry area and bathroom. There's also a super cool studio apartment that's full of character and offers great potential for Airbnb or short-term rental income! As an added bonus, there's a separate vacant section ready to accommodate retail space or another business opportunity. Keep the current set-up and enjoy the possibility of operating your own business while generating rental income to help offset expenses or take things in a completely different direction! With its versatile layout, generous lot and convenient location, the possibilities are certainly worth exploring. Whether you're an entrepreneur, investor or someone with a vision for a unique residential conversion, this property is packed with potential. Why not take the leap and make it your own! * If HST is applicable the Purchaser would be responsible to pay it. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
27 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$450 / year
≈ $38 / month · assessment year 2026
Climate
Jan -2° · Aug 22°
normal daily high · LETHBRIDGE station · 1991–2020
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
$38/mo
Principal & interest $0 + property tax $38 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-499
NOI / month
$-499
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $38 | $450 |
| Expenses | $462 | $5,544 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-499 | $-5,988 |
| NOI | $-499 | $-5,988 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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