
MLS #1296371
5 St. Lawrence Place
Mount Pearl
- Property Type
- Single Family
- Listing Agent
- Matthew Hill
- Brokerage
- Royal LePage Vision Realty
1 / 15Property Details
**Prime Topsail Road Opportunity – Residential, Commercial & Development Potential** Located on highly sought-after Topsail Road, this 3-bedroom, 1-bathroom property offers a rare opportunity for homeowners, investors, entrepreneurs, and developers alike. While the home requires some TLC and cosmetic updating, it boasts solid bones, a strong structure, and recent electrical upgrades, providing an excellent foundation for future improvements. Situated on a large parcel of land with impressive frontage along Topsail Road, the property benefits from a desirable commercial-residential mix, creating endless possibilities for a variety of uses. Whether you're looking to renovate and enjoy as a family home, establish a home-based business, or explore future development opportunities, this property offers exceptional flexibility. A detached garage further enhances the property's appeal and may be ideal for automotive enthusiasts or entrepreneurs seeking a location to operate a vehicle repair, detailing, or sales business while living on-site. For those seeking an even larger land assembly, the adjoining property is also available for purchase, presenting a unique opportunity to acquire a substantial holding in one of the area's most visible and accessible locations. Properties with this combination of location, frontage, land size, and potential rarely become available. The opportunities here are truly limitless. (id:66441)
Cost To Own
Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.
Amortization
Estimated Monthly Cost
$4,582
Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.
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