For sale · MLS® 1304250
1108 Kenmount Road Unit#204/205
Paradise, NL, A1L1N3
List price
$410,760
About this propertyMLS® 1304250
Commercial condo space now available for purchase. This unit would 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. 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 ft and 3 Phase electrical for the building. (id:56688)
Property details
Coordinates: [47.525184, -52.853463]
Rooms
Basic Calculator
First Mortgage: $328,608
Mortgage insurance premium: $0
Total Financing: $328,608
Rough closing fee (1.5%): ~ $6,162
Total downpayment with estimated closing fee: $88,314
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,152 | $25,824 |
| Gross rental income (income/principal ratio) | 0.524% | 6.287% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $514 | $6,168 |
| Vacancy | $108 | $1,292 |
| Management Fee | $173 | $2,066 |
| Expense / Income Ratio | 23.88% | 23.88% |
| Cash Flow | $1,359 | $16,308 |
| Net Operating Income (NOI) | $1,359 | $16,308 |
| Capitalization Rate | 0.33% | 3.97% |
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