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Investment signal

$549,000

140 Main Street

Beds

—

Baths

—

Sqft

—

Year

1998

Location

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About this home

Welcome to Hotel St. Albans, located in the scenic town of St. Albans, just 15 km from the Newfoundland and Labrador Hydro site gate and surrounded by growing industrial and aquaculture activity. This well-established and profitable operation offers an excellent opportunity for anyone looking to step into a turnkey business in a developing area. The main building features 11 guest rooms, along with a full kitchen, laundry room, and a spacious dining area that can accommodate up to 40 people. In addition, the property includes a 6-room motel built in 2012, with each room offering a king bed and full private washroom, as well as six cabins built in 2010, consisting of three single units and three double units. Recent upgrades include new windows and siding on the main building, and the property is supported by a 600-amp electrical service in the main building. Ideally located next to the community centre and directly across from a gas station, this property offers excellent accessibility and steady demand. (id:65958)

Subtype: Multi-family
Structure: Special Purpose
Common interest: Freehold
Living area: 5,600 square feet
Lot dimensions: 333x249x88x294x219x193
On market: Apr 15, 2026
Status changed: Apr 15, 2026
Annual tax: $4,276 (2025)
Zoning: Comm.
Photos: 22
MLS#: 1296189
Area: ST._ALBANS

Features and systems

Heating

Electric

Flooring

HardwoodLaminateCarpetedOther

Negative cash flow ~$1,100/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.02%

Cap rate

3.49%

GRM

16.6

Break-even rent

$3,908

Financing

Down payment$109,800

Loan amount$439,200

Mortgage$2,694/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252

Insurance$80

Maintenance$458

CapEx reserve$229

Vacancy loss$138

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for ST. ALBANS. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,694/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.