For sale · MLS® 1304744
5 Griffins Lane
St. John's, NL, A1G1M4
List price
$189,900
About this propertyMLS® 1304744
Exceptional opportunity to secure an oversized lot in a great location. Boasting over 80 feet of road frontage and convenient drive-in access, this mature parcel offers outstanding potential for those looking to build their dream home or invest in a property with long-term value. With plenty of space to accommodate a substantial new build, detached garage, and expansive outdoor living areas, opportunities like this are becoming increasingly difficult to find. The existing bungalow offers an eat-in kitchen, bright living room, two spacious bedrooms, and an additional spare room, providing immediate use while future plans take shape. Whether you're looking to renovate, invest, or envision something entirely new, the true value of this property lies in the exceptional size, flexibility, and location of the lot. If you've been searching for a premium parcel with room to create something special, this property deserves your attention. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Porch Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Eat in kitchen Mud room | 3.79 x 4.23 5.71 x 8.45 9.84 x 5.93 11.94 x 7.32 9.50 x 12.00 15.97 x 11.84 8.16 x 10.70 8.75 x 7.83 |
The essentials
Location, air, flood & taxes
Elevation
103 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Flood zone
Outside floodplain
City of St. John's flood mapping · not flagged
Zoning
R1 · R1
53.33 ha parcel
Property tax
$1,630 / year
≈ $136 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
2 places shown · 3 routes · OpenStreetMap · OSRM
- 9 min to downtown St. John's7.8 km
- 15 min to Memorial University11.4 km
- 21 min to Avalon Mall18.1 km
Parks 2
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
$136/mo
Principal & interest $0 + property tax $136 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-237
NOI / month
$-237
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $136 | $1,630 |
| Expenses | $102 | $1,224 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-237 | $-2,844 |
| NOI | $-237 | $-2,844 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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