
MLS #1301551 · Holyrood
58 Ridge Road
- Type
- Two-Apartment Home
- Agent
- Cathy Austin
- Brokerage
- RE/MAX Infinity Realty Inc.
MLS #1303025Listed September 11, 2026
Holyrood
$289,900
Excellent investment opportunity in Holyrood! This three-apartment property offers strong income potential and is situated on an oversized lot that may provide exciting possibilities for future development or expansion, subject to municipal approval. The property features a new roof installed in summer 2026, and most windows have been replaced. Each apartment has its own electrical service and breaker panel, with 125-amp service per unit. The two main-floor apartments each feature 2 bedrooms, a living room, dining room, and laundry room. The basement apartment offers 1 bedroom, a large storage room, laundry area, spacious L-shaped living room, and a good-sized kitchen. Outside, the expansive lot offers plenty of space and added potential for the future. The generous lot size provides an opportunity to explore future development possibilities, subject to municipal approval. Whether you’re looking to add an income-producing property to your portfolio or see the potential in a larger parcel for future growth, 46 Conception Bay Highway is an opportunity worth exploring. OVERSIZED ~30,000 SQ. FT. LOT WITH EXCELLENT POTENTIAL FOR FUTURE DEVELOPMENT OR EXPANSION! (SUBJECT TO MUNICIPAL APPROVAL.) (id:66441)
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%.
$289,900
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$1,382
Cash To Close
$57,980
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Elementary Schools
Holy Cross Elementary
PublicUpper Gullies Elementary
PublicSt. Edward's School
PublicSecondary Schools
Roncalli Central High
PublicQueen Elizabeth Regional High
PublicFrank Roberts Junior High
PublicStraight-line distance from this property. Proximity does not determine enrolment — confirm catchment areas with the Newfoundland and Labrador English School District. School list and grade levels from Statistics Canada's Open Database of Educational Facilities; some locations from OpenStreetMap contributors.
Straight-line distance from this property. Healthcare locations from Statistics Canada's Open Database of Healthcare Facilities; shops, pharmacies and filling stations from OpenStreetMap contributors.