45 East White Hills Road photo 11 / 6

MLS #1298857

45 East White Hills Road

St. John's

$3,750,000

125,610 sqft
Multi-family
Source Listing

Property Details

One of the first City approved 8-storey residential projects of its kind is now available for purchase and ready for development. After considerable efforts by P.A.I. Holdings Limited's assembled team, led by Architect Kelvin Nyathi, Carrick Engineering, and Irvine Civil and Municipal Engineering Consultants, this presentation in response to current housing needs highlights a vitalizing 101-unit modern apartment building strategically situated at the base of Quidi Vidi Lake on a gradually elevated site maximizing Lake, White Hills, and expansive Southwestern City and Northeastern White Hills views. Immediately accessible to East Coast Trail, Quidi Vidi and Grand Concourse Trails, historic Quidi Vidi Village, Pleasantville Parks and Recreation, Downtown St. John's, Dominion Stadium, Metrobus, and the Outer Ring Road, this strategically located and keen development project represents a leading transformative high density residential initiative. 45 East White Hills Road modern apartments complete with covered balconies include an average 1,033sf. unit area comprised of two bedrooms and two bathrooms, open kitchen, eating and living floor plan, laundry and garage and exterior parking accompaniment. Existing structure currently being demolished with environmental clearances to be provided prior to closing. (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$3,750,000
Down Payment - 20%$750,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$21,133

Mortgage Payment
$17,977
Property Tax
$2,656
Insurance
$150
Utilities
$350
Down Payment
$750,000
Loan Amount
$3,000,000
Total Interest
$2,393,229

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

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