$269,900
1462 Topsail Road
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Paradise. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Prime Commercial Development Opportunity – Paradise, NL .An exceptional opportunity to secure a premier piece of real estate in the vibrant community of Paradise. This 11000 sq. ft. lot features approximately 100 feet of frontage on highly visible Topsail Road, making it an ideal location for a wide variety of commercial or residential developments. The property currently includes a structure; however, the true value lies in the land and its prime location. With mixed zoning and municipal water and sewer already on the property, the possibilities are extensive. Potential uses may include: Retail or commercial development ,Office space ,Triplex or multi-unit residential, Condominium or apartment building. Conveniently located near schools, walking trails, Octagon Pond, and Topsail Beach, the property offers a rare combination of natural surroundings and strong commercial visibility. HST and any related charges are the responsibility of the purchaser. (id:65958)
- Subtype
- Vacant Land
- Common interest
- Freehold
- Lot dimensions
- 60x147
- On market
- Apr 21, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $1,572
- Zoning
- Res/Com
- Photos
- 2
- MLS#
- 1296433
- Area
- PARADISE
Cash on cash
14.34%
Cap rate
7.73%
GRM
9.4
Break-even rent
$1,721
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.