
MLS #1247421 · Carbonear
1 Chvo Drive
- Type
- Multi-family
- Agent
- Paul Drover
- Brokerage
- Royal LePage Atlantic Homestead
Property Details
Welcome to 6 Church Road, Carbonear, the former Davis Elementary. Solid concrete and steel construction offer exceptional base for transformation. The property requires a full interior renovation-priced and positioned accordingly. Outstanding potential for multi-unit residential, long-term care, or institutional use(subject to approvals). Strong and growing demand for rental housing in the area further enhances the upside potential. This is a rare opportunity to acquire a building of this scale with significant value-add potential in a central location. (id:66441)
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Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$399,000
Amortization
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Estimated Monthly Mortgage
$1,902
Cash To Close
$79,800
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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