For Sale · Specialty

105 Country Road, Corner Brook

105 Country Road, Corner Brook, Newfoundland & Labrador A2H4M2

$459,500 total

—

Asset Class

Specialty

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

88%

Year Built

1950

About this property

What a find! Three unit property with excellent income. A great investment. Six bedrooms, five baths. The upper unit has kitchen-dining area with living room and 2 full baths. The second unit on the main level at the back contains a kitchen, dining room, spacious living room, two good sized bedrooms and full bath. The front main level unit is brand new and features an open concept kitchen, dining and living area with two large bedrooms, main bath and an ensuite. The owner has also carried out major renovations to the basement. Located on a large lot, there is parking at the back for all units to accommodate up to eight vehicles. Also has two storage sheds. Three units don't come along very often, but now is your chance to take advantage of this one. Call for your viewing appointments today. Subject to a Seller's Direction: No offers accepted until 3 pm Wed, Nov. 11, 2026, to be left open until 8 pm same day. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$460K
Down payment30% · $138K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$29K

Annual cash flow

$3K

Cash-on-cash

2.28%

DSCR

1.12

Going-in cap

6.22%

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

44,775

Households

18,422

Median income

$127,500

Median age

34.9

Daytime population

39,838

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 105 Country Road, Corner Brook.

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.