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Investment signal

$925,000

9 Tolt Road

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

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

About this home

Over 16 acres of land available in scenic St. Philip’s—an ideal opportunity for a private estate lot or with potential for subdivision. The property is located in the Thorburn Road and Tolt Road area, featuring approximately 59 feet of frontage on Tolt Road. Enjoy a prime location just five minutes from the marina and the Atlantic Ocean, and only 8 minutes from St. John’s, the Avalon Mall, and other key amenities. A great investment opportunity in a highly desirable and growing area. Price is plus HST. Any permits or hook up fees is the responsibility of the purchaser..Water and sewer service lines are on Tolt Road. (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot dimensions
16.6 Acres
On market
Apr 16, 2026
Status changed
Apr 20, 2026
Annual tax
$0
Zoning
RDSA
Photos
5
MLS#
1296109
Area
ST._PHILIPS
Negative cash flow ~$1,016/mo at these assumptions

Cash on cash

-6.59%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,694

Financing

Down payment$185,000
Loan amount$740,000
Mortgage$3,749/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$424
Insurance$80
Maintenance$771
CapEx reserve$385
Vacancy loss$231

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

Estimated $3,749/mo at 4.5% with 20% down, 30-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 20, 2026.

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