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$249,900 total
—
Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
99%
Year Built
1940
Tucked into the heart of historic Trinity, next door to the Holy Trinity Roman Catholic Church, Trinity Suites offers a rare blend of independence, comfort, and timeless heritage charm. This well-appointed property features two fully self-catered suites, including a cozy one-bedroom apartment and a spacious two-bedroom apartment, making it truly move-in ready. Each suite enjoys its own private entrance, a full kitchen, a comfortable living area, and thoughtful details throughout that create a welcoming home-away-from-home atmosphere. Ideally located within walking distance to Trinity’s cafés, shops, theatre performances, and scenic coastal trails, this property allows guests to fully experience the culture, history, and coastal beauty of one of Newfoundland’s most beloved communities. Whether envisioned as a turnkey vacation rental or a unique income-generating opportunity, Trinity Suites presents an exceptional offering in a setting rich with character, charm, and lasting appeal. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$12K
Annual cash flow
$-2K
Cash-on-cash
-2.25%
DSCR
0.88
Going-in cap
4.87%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
80,002
Households
32,924
Median income
$70,500
Median age
36.8
Daytime population
117,150
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5 Ash's Lane, Trinity.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.