For sale · MLS® 1304252
1108 Kenmount Road Unit#206
Paradise, NL, A1l1N3
List price
$357,000
About this propertyMLS® 1304252
Commercial condo space now available for purchase. This end unit is currently leased and could make a great investment. Priced to sell. This is part of over 16,000 sq. ft commercial condo building where approximately 50% of the units have been sold. Plenty of paved parking available and grade level entrance makes this unit perfect for many commercial uses including office space, retail, or light industrial. Situated in a prim e commercial area with lots of traffic flow and exposure.Ceiling height is approximately 10 feet and 3 Phase electrical for the entire building. (id:56688)
Property details
Coordinates: [47.525247, -52.853285]
Rooms
Basic Calculator
First Mortgage: $285,600
Mortgage insurance premium: $0
Total Financing: $285,600
Rough closing fee (1.5%): ~ $5,355
Total downpayment with estimated closing fee: $76,755
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,871 | $22,452 |
| Gross rental income (income/principal ratio) | 0.524% | 6.289% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $447 | $5,364 |
| Vacancy | $94 | $1,123 |
| Management Fee | $150 | $1,797 |
| Expense / Income Ratio | 23.89% | 23.89% |
| Cash Flow | $1,181 | $14,172 |
| Net Operating Income (NOI) | $1,181 | $14,172 |
| Capitalization Rate | 0.33% | 3.97% |
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