16 A B And 18 Currie Avenue, Port Aux Basques

16 A B And 18 Currie Avenue, Port Aux Basques, NL A0M1C0 Photo 1

26 Photos

16 A B And 18 Currie Avenue, Port Aux Basques, NL A0M1C0 Photo 2
16 A B And 18 Currie Avenue, Port Aux Basques, NL A0M1C0 Photo 3
16 A B And 18 Currie Avenue, Port Aux Basques, NL A0M1C0 Photo 4
16 A B And 18 Currie Avenue, Port Aux Basques, NL A0M1C0 Photo 5
16 A B And 18 Currie Avenue, Port Aux Basques, NL A0M1C0 Photo 6
16 A B And 18 Currie Avenue, Port Aux Basques, NL A0M1C0 Photo 7
  • MLS®: 1255219
  • Type: Townhouse
  • Added: 435 days ago

Property Details

Now offering this one-of-a-kind investment opportunity in downtown Port aux Basques. The well-established Shark Cove Suites and Rentals is a turn-key opportunity waiting for new owners. This package includes two apartment buildings, a warehouse-style building with 2 residential units, and a serviced RV park area. The first building, 16 A Currie Avenue, has six two- bedroom units and two one-bedroom units. The second building, 16B Currie Avenue, has six three-bedroom units. The third building, 18 Currie Avenue, has two residential units, for a total of sixteen units in all. Twelve of the sixteen units come fully furnished. All units have their own laundry facility. These units can be utilized as long-term, weekly, or daily rentals, or a combination of the three. 18 Currie Avenue, the former Follows Wholesale building and later the Shark Cove Restaurant and Lounge, has two residential units upstairs and loads of space on the main floor to develop into additional business ventures or simply use as storage. Also included is a recently developed RV park with 18 serviced units for those travelers awaiting a ferry crossing or a long cross-island trek. This well-established business is a turn-key opportunity with growth potential. If you are in the market to broaden your investment portfolio or be your own boss, contact today to find out more. (id:1945)

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Property Information

  • Heating: Baseboard heaters, Electric
  • Flooring: Mixed Flooring
  • Photos Count: 26
  • Business Type: Residential
  • Structure Type: Residential Commercial Mix
  • Common Interest: Freehold
  • Tax Annual Amount: 12000
  • Lot Size Dimensions: 5312.8 sq m
  • Zoning Description: Comm.
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Nearby Places

Name Type Address Distance
Channel-Port aux Basques A Marine Atlantic ferry terminal is located in the... 0.4 km
CFGN Originally launched as a repeater on August 7, 197... 1.9 km
Bruce II Sports Centre The facility was opened on November 23, 1996, repl... 2.8 km
HMCS Shawinigan (K136) She served primarily in the Battle of the Atlantic... 3.9 km
Grand Bay West Grand Bay West is a settlement in Newfoundland and... 4.9 km
Margaree Margaree is a settlement in Newfoundland and Labra... 5.8 km
Fox Roost Fox Roost is a settlement in Newfoundland and Labr... 6.9 km
16 A B And 18 Currie Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 16 A B And 18 Currie Avenue. The current price of the property is $1,300,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,040,000. This would result in a monthly mortgage payment of $6,079 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 15
University / Below bachelor level 15
Certificate of Qualification 25
College 115
University degree at bachelor level or above 10

Neighbourhood Marital Status Stat

Married 395
Widowed 45
Divorced 15
Separated 10
Never married 120
Living common law 45
Married or living common law 440
Not married and not living common law 185

Neighbourhood Construction Date

1961 to 1980 120
1981 to 1990 65
1991 to 2000 30
2001 to 2005 10
2006 to 2010 20
1960 or before 40
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