22 Gallipoli Street, St. Johns, NL A1A0S4

22 Gallipoli Street

St. Johns, NL, Canada A1A0S4

3 Beds | 3 Baths

$815,000

22 Gallipoli Street St. Johns Newfoundland & Labrador Canada A1A0S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki

416-873-4676

haris@barki.co

REALTOR ®

Keller Williams Platinum Realty

About the property (MLS: 1268881):

Welcome to 22 Gallipoli Street in sought after Clovelly, this NEW EXECUTIVE property embodies the essence of home. Watch the sunrise over the fully fenced, meticulously landscaped yard backing onto GREENBELT. Main floor boasts elegant foyer featuring custom designed walk in coat closet, perfectly placed powder room and open concept living/dining room and kitchen with grand 9’ ceilings overlooking private backyard with greenspace. Magazine worthy living room features accent wall with propane FIREPLACE. Show-stopping DREAM kitchen with hidden pantry (5.6 x 5.6), QUARTZ counter tops, black STAINLESS steel appliances, tile backsplash and gorgeous accent wall. Exquisite dining room with backyard access to two tier decks(built in bar) fantastic for hosting backyard BBQ’s. Hardwood staircase leads to impeccably designed upper level with 3 bedrooms, main bath, laundry room and additional bonus area perfect for an office. Escape to primary suite with views, MASSIVE walk in closet and spa inspired ensuite. Ideal for the car enthusiastic with 1.5 car garage and lots of parking with oversized driveway including paved access to rear yard. Exuding luxury, no expense was spared in the finishing’s of this home. Large unfinished walkout basement awaits development, with bathroom rough in. Amazing location, 2 min to highway, Walmart, Groceries shopping, 10 min to downtown and 6 min to middle cove beach. All the perks of a new build without the hassle! (id:56688)

Property Details

MLS: 1268881
Listing ID: 26655460
Address: 22 Gallipoli Street, St. Johns, Newfoundland & Labrador, Canada A1A0S4
Year Built: 2021
Property Type: Single Family
Architectural Style: 2 Level
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating Type: Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Fencing: Fence
Area: 3,036 square feet
Price per sq ft: $269
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Number of photos available: 50
Coordinates: [47.617016, -52.702173]

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $652,000

Mortgage insurance premium: $0

Total Financing: $652,000

Rough closing fee (1.5%): ~ $12,225

Total downpayment with estimated closing fee: $175,225

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Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$3,340	$40,080
Gross rental income (income/principal ratio)	0.410%	4.918%
Mortgage	$0	$0
Monthly Expenses	$1,019	$12,228
Vacancy	$167	$2,004
Management Fee	$268	$3,207
Expense / Income Ratio	30.51%		30.51%
Cash Flow	$1,887	$22,644
Net Operating Income (NOI)	$1,887	$22,644
Capitalization Rate	0.23%	2.78%

Capitalization Rate: 2.78%

After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $1,164,286

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