About the property (MLS: 1266993):
Welcome to luxury living at its finest in the heart of downtown, within the iconic King George V building. This exquisite 3-bedroom condo boasts unparalleled harbour views and a plethora of upscale features. The kitchen/dining room is a chef's dream, showcasing an expansive 8’ x 9’ island, complemented by granite countertops and matching backsplash. Equipped with top-of-the-line GE Monogram appliances, including a propane range, culinary excellence is assured. The main floor impresses with soaring 12’ ceilings and a spacious layout. Enjoy entertaining in the large living room or the adjacent bar room, complete with a propane fireplace. A well-appointed office with custom built-ins adds functionality. Two bedrooms, one with an ensuite bath, offer comfort and privacy. Additional highlights include a main bath, laundry area, and two separate balconies, each offering captivating harbour views. Ascend to the upper level, where the entire floor is dedicated to the master suite. Relax on the balcony overlooking the harbour or indulge in the expansive 15 x 17 closet. The luxurious bathroom features a custom steam shower, providing the ultimate in relaxation. Beyond the lavish interiors, this condo offers convenience and security with a private entrance and three parking spaces, including underground parking with direct access to the parking garage. In-floor hot water radiant heating and a network of mini-split heat pumps with six zones ensure year-round comfort. Experience the epitome of downtown living in this exclusive condo, where luxury and sophistication converge seamlessly. Don't miss your opportunity to make this urban oasis your new home. (id:56688)
Property Details
Listing ID: 26578562
Address: 93 Water Street Unit#101-102, St. John's, Newfoundland & Labrador, Canada A1C1A5
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2006
Property Type: Single Family
Ownership Type: Condominium
Beds: 3
Baths: 4
1/2 Baths: 2
Heating: Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 3,668 square feet
Price per sq ft: $437
Tax Annual Amount: $10,014
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Range - Gas, Dishwasher, Stove, Compactor, Wet Bar
Water Source: Municipal water
Foundation Details: Concrete
Heating: Propane
Flooring: Hardwood, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Brick
Common Interest: Condo/Strata
Association Fee: 1911.8
Number of photos available: 39
Rurl
Coordinates: [47.566592, -52.703934]
Rooms
| Lower level | Bath (# pieces 1-6) | 2 PC feet |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Office Other Family room/Fireplace Dining room Bedroom Bedroom Kitchen | 2 PC feet 3 PC feet 13 x 7 feet 12. 5 x 10 feet 25 x 15 feet 10 x 14.5 feet 16 x 9 feet 21 x 13.5 feet 20 x 23 feet |
| Second level | Bath (# pieces 1-6) Other Bedroom | 3 PC feet 15 x 17 feet 15 x 17 feet |
Basic Calculator
First Mortgage: $1,280,000
Mortgage insurance premium: $0
Total Financing: $1,280,000
Rough closing fee (1.5%): ~ $24,000
Total downpayment with estimated closing fee: $344,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,035 | $48,420 |
| Gross rental income (income/principal ratio) | 0.252% | 3.026% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $2,000 | $24,000 |
| Vacancy | $202 | $2,421 |
| Management Fee | $323 | $3,874 |
| Expense / Income Ratio | 49.57% | 49.57% |
| Cash Flow | $1,511 | $18,132 |
| Net Operating Income (NOI) | $1,511 | $18,132 |
| Capitalization Rate | 0.09% | 1.13% |









































