About the property (MLS: 1268224):
Located in popular Kenmount Terrace, this bright and spacious 2-storey home is currently utilized as a single family, however, the basement houses a partially complete 1 bedroom basement apartment with separate meter! Ideal layout with family living and entertaining in mind, the main level, finished with hardwood flooring with enclosed front porch, includes open concept living room, large dining space and kitchen, with sit up island and stainless steel appliances. Direct access to the rear patio and garden and convenient main floor powder room. The wood staircase leads to three well-proportioned bedrooms and main family bathroom, including the primary bedroom with walk-in closet and ensuite. The lower level, with separate entrance, is designed as a self-contained one bedroom apartment. Electrical, plumbing, insulation, separate laundry hook up and air exchange work is complete with city permits, and currently at the drywall stage. Let your imagination run wild and complete to your taste! Multi-car parking and storage shed, with lovely garden with perennials and bulbs. Unique opportunity, don't wait! (id:56688)
Property Details
Listing ID: 26560227
Address: 71 Ladysmith Drive, St. John's, Newfoundland & Labrador, Canada A1B0L4
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2014
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,893 square feet
Price per sq ft: $201
Tax Annual Amount: $2,950
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.555817, -52.801495]
Rooms
| Basement | Porch Bath (# pieces 1-6) Not known Not known Not known | 11.2x10.4 feet 7.11x11.1 feet 8.10x10.3 feet 12.0x6.7 feet 11.0x11.1 feet |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Storage Primary Bedroom | 5.4x7.10 4PC feet 11.3x10.9 feet 8.11x10.9 feet 6.6x7.8 4PC feet 6.4x4.5 WIC feet 13.6x14.6 feet |
| Main level | Bath (# pieces 1-6) Dining nook Kitchen Living room Porch | 4.9x5.1 2PC feet 10.7x13.5 feet 10.10x14.5 feet 14.2x19.8 feet 4.8x8.6 feet |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,083 | $24,996 |
| Gross rental income (income/principal ratio) | 0.548% | 6.580% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $105 | $1,250 |
| Management Fee | $167 | $2,000 |
| Expense / Income Ratio | 22.80% | 22.80% |
| Cash Flow | $1,338 | $16,056 |
| Net Operating Income (NOI) | $1,338 | $16,056 |
| Capitalization Rate | 0.35% | 4.23% |

























