For sale · MLS® 1304251
1108 Kenmount Road Unit#203
Paradise, NL, A1L1N3
List price
$429,870
About this propertyMLS® 1304251
Commercial condo space now available for purchase. This unit could make a great investment or owner occupied space. Priced to sell. This is part of over 16,000 sq. ft commercial condo building where almost 50% of the units have been sold. Ceiling height is approximately 10 ft and 3 Phase electrical. 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. (id:56688)
Property details
Coordinates: [47.525133, -52.85365]
Rooms
Basic Calculator
First Mortgage: $343,896
Mortgage insurance premium: $0
Total Financing: $343,896
Rough closing fee (1.5%): ~ $6,449
Total downpayment with estimated closing fee: $92,423
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,252 | $27,024 |
| Gross rental income (income/principal ratio) | 0.524% | 6.287% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $538 | $6,456 |
| Vacancy | $113 | $1,352 |
| Management Fee | $181 | $2,162 |
| Expense / Income Ratio | 23.89% | 23.89% |
| Cash Flow | $1,422 | $17,064 |
| Net Operating Income (NOI) | $1,422 | $17,064 |
| Capitalization Rate | 0.33% | 3.97% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.