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TelephoneEmail93 Water Street Unit#101-102, St. John's, Newfoundland & Labrador, Canada A1C1A5

93 Water Street Unit#101-102

St. John's, NL, A1C1A5

location

3 Beds | 4 Baths

$1,600,000

93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
93 Water Street Unit#101-102 St. John's Newfoundland & Labrador Canada A1C1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1266993
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

0000

Investment Calculator:

MonthlyYearly
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 Ratio49.57%49.57%
Cash Flow$1,511$18,132
Net Operating Income (NOI)$1,511$18,132
Capitalization Rate0.09%1.13%
Capitalization Rate: 1.13%
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).): $2,285,715