1462 Topsail Road photo 11 / 2

MLS #1296433

1462 Topsail Road

Paradise

$269,900

Vacant Land
Source Listing

Property Details

Prime Commercial Development Opportunity – Paradise, NL .An exceptional opportunity to secure a premier piece of real estate in the vibrant community of Paradise. This16361.14 sq. ft. lot features over a 170 feet of frontage on highly visible Topsail Road, making it an ideal location for a wide variety of commercial or residential developments. The property currently includes a structure; however, the true value lies in the land and its prime location. With mixed zoning and municipal water and sewer already on the property, the possibilities are extensive. Potential uses may include: Retail or commercial development ,Office space ,Triplex or multi-unit residential, Condominium or apartment building. Conveniently located near schools, walking trails, Octagon Pond, and Topsail Beach, the property offers a rare combination of natural surroundings and strong commercial visibility. HST and any related charges are the responsibility of the purchaser. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$269,900
Down Payment - 5%$13,495
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,228

Mortgage Payment
$1,537
Property Tax
$191
Insurance
$150
Utilities
$350
Down Payment
$13,495
Loan Amount
$256,405
Total Interest
$204,545

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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