For Sale · Land

483 Conception Bay Highway, Holyrood

483 Conception Bay Highway, Holyrood, Newfoundland & Labrador A0A2R0

$85,000 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

96%

About this property

HOLYROOD, NL...Welcome to one of the most scenic towns on the Avalon, where there is so much happening from the famous Board Walk on the beach to the Marine Institute with its state of the art Ocean Technology, the Willows golf course, the Holyrood Marina, the new Tim Hortons, an ever expanding Holy Cross Elementary School and two Day Cares Centre's, two major land developments, Marina Shores and Mountain View Estates and the list goes on! There's pride of ownership everywhere in this Town and it shows!! So we introduce to you...483 Conception Bay Highway, Holyrood and a 16,490.31 sqft serviceable lot with privacy galore. Offered for the first time to market, this family land has 2 lots that are offered to the public. Extraordinary location in the centre city area and the possibilities are unique. For the outdoor enthusiast, this whole area has lots of trails, and recreation activities. Come walk this place...Vision what this place could be, You decided, if this is where you want to be. Don't Delay...Call Today!! (id:66811)

Financial sandbox

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Estimate
Purchase price$85K
Down payment30% · $26K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$393

Projected NOI

$4K

Annual cash flow

$-1K

Cash-on-cash

-4.69%

DSCR

0.75

Going-in cap

4.13%

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

45,908

Households

20,821

Median income

$124,000

Median age

36

Daytime population

40,960

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 483 Conception Bay Highway, Holyrood.

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.