For Sale · Land

98 Ballfield Road Unit#Lot D, Harbour Main

98 Ballfield Road Unit#Lot D, Harbour Main, Newfoundland & Labrador A0A0A8

$195,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

About this property

Your opportunity to own a piece of Newfoundland's stunning coastline awaits! Just 40 minutes from the shopping, dining, and amenities of St. John's, these exceptional oceanfront lots nestled along Ballfield Road in scenic Harbour Main offer the perfect setting for your dream home or coastal retreat. Each lot boasts a minimum of ¾ of an acre, exceeding the area's ½-acre minimum lot size requirement for building. Enjoy breathtaking, unobstructed ocean views with no roads or power lines separating the properties from the ocean. Situated along a serviced road, with walking and recreational trails located within approximately 100 yards, these properties offer the perfect balance of peaceful coastal living and outdoor adventure. With four beautiful oceanfront lots to choose from, the flexibility to purchase multiple lots together, or the opportunity to acquire the entire parcel, the possibilities are endless! Don't miss your chance to own a slice of paradise along Newfoundland's stunning coastline! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$195K
Down payment30% · $59K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$900

Projected NOI

$9K

Annual cash flow

$-2K

Cash-on-cash

-2.83%

DSCR

0.85

Going-in cap

4.69%

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.

Area demographics

Trade area within 3 miles of the property.

Population

56,735

Households

19,753

Median income

$87,500

Median age

40.3

Daytime population

76,492

5-yr growth

4.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 98 Ballfield Road Unit#Lot D, Harbour Main.

NDA required
  • 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.