For sale · MLS® 1298857
45 East White Hills Road
St. John's, NL, A1A5X7
List price
$3,750,000
Same address
3 listings at this address
This property has several listings on the market right now — all of them are shown on this page.
45 East White Hills Road
MLS® 1298855
$3,750,000
0 bd · -- ba · 125,610 sqft
45 East White Hills Road
MLS® 1298856
$3,750,000
-- bd · -- ba
About this propertyMLS® 1298857
One of the first City approved 8-storey residential projects of its kind is now available for purchase and ready for development. After considerable efforts by P.A.I. Holdings Limited's assembled team, led by Architect Kelvin Nyathi, Carrick Engineering, and Irvine Civil and Municipal Engineering Consultants, this presentation in response to current housing needs highlights a vitalizing 101-unit modern apartment building strategically situated at the base of Quidi Vidi Lake on a gradually elevated site maximizing Lake, White Hills, and expansive Southwestern City and Northeastern White Hills views. Immediately accessible to East Coast Trail, Quidi Vidi and Grand Concourse Trails, historic Quidi Vidi Village, Pleasantville Parks and Recreation, Downtown St. John's, Dominion Stadium, Metrobus, and the Outer Ring Road, this strategically located and keen development project represents a leading transformative high density residential initiative. 45 East White Hills Road modern apartments complete with covered balconies include an average 1,033sf. unit area comprised of two bedrooms and two bathrooms, open kitchen, eating and living floor plan, laundry and garage and exterior parking accompaniment. Existing structure currently being demolished with environmental clearances to be provided prior to closing. (id:56688)
Property details
Coordinates: [47.587885, -52.684651]
Rooms
Basic Calculator
First Mortgage: $3,000,000
Mortgage insurance premium: $0
Total Financing: $3,000,000
Rough closing fee (1.5%): ~ $56,250
Total downpayment with estimated closing fee: $806,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $4,688 | $56,256 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-4,688 | $-56,256 |
| Net Operating Income (NOI) | $-4,688 | $-56,256 |
| Capitalization Rate | -0.13% | -1.50% |
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