For sale · MLS® 1304385
Lots 1-10 Springbrook Avenue
Paradise, NL, A1L3P5
List price
$6,000,000
About this propertyMLS® 1304385
Attention developers and investors! Approximately 18 acres of land in Paradise, located off St. Thomas Line on Springbrook Avenue. This is a rare chance to secure a large parcel in a fantastic, growing community. The land runs alongside the established Seascape neighborhood, where you're just minutes from schools, shopping, and amenities. Opportunities of this size don't come along often. HST, if applicable, is the responsibility of the purchaser. The purchaser is responsible for verifying zoning, services, and development potential with the Town of Paradise, and for obtaining any permits, approvals, surveys, and development plans. All measurements and information are believed accurate but are not warranted. (id:56688)
Property details
Coordinates: [47.557942, -52.894223]
Rooms
Basic Calculator
First Mortgage: $4,800,000
Mortgage insurance premium: $0
Total Financing: $4,800,000
Rough closing fee (1.5%): ~ $90,000
Total downpayment with estimated closing fee: $1,290,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $0 | $0 |
| 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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