31 Sir Wilfred Grenfell Street
St. John's, NL, A1B0R3
5 Beds | 4 Baths
$495,000
About the property (MLS: 1271743):
Brand new, 2-apartment home conveniently located on a quiet side street in Westgate! This home features 5 bedrooms, 3 and a half bathrooms, with an open concept style in each unit. Main unit has living room, dining room and kitchen with 3 bedrooms and ensuite bath off of the master with rec room, half bath and laundry in the basement. Apartment includes living room and Kitchen, 2 bedrooms and separate laundry facilities and 4-piece bath. Situated on a fully landscaped corner lot with front and rear and two paved driveways! Upgraded black windows, 10 Year Atlantic Home Warranty and main floor single head mini split! (id:56688)
Property Details
Listing ID: 26851274
Address: 31 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0R3
Status: Active
Last updated: 2 years ago ( May 27, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,598 square feet
Price per sq ft: $191
Tax Annual Amount: $3,983
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.543332, -52.804136]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Bath (# pieces 1-6) Recreation room | - feet 4pc 10.6x9.3 feet 10.8x9.3 feet 11.2x12.10 feet 12.10x15.0 feet 8.8x6.3 feet 2pc 14.6x17.0 feet |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Not known Living room | 4PC feet 10.10x9.6 feet 10.6x11.0 feet 3PC feet 11.0x16.0 feet 16.0x14.7 feet 12.6x15.8 feet |
Basic Calculator
First Mortgage: $396,000
Mortgage insurance premium: $0
Total Financing: $396,000
Rough closing fee (1.5%): ~ $7,425
Total downpayment with estimated closing fee: $106,425
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,858 | $34,296 |
| Gross rental income (income/principal ratio) | 0.577% | 6.928% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $619 | $7,428 |
| Vacancy | $143 | $1,715 |
| Management Fee | $229 | $2,744 |
| Expense / Income Ratio | 21.66% | 21.66% |
| Cash Flow | $1,868 | $22,416 |
| Net Operating Income (NOI) | $1,868 | $22,416 |
| Capitalization Rate | 0.38% | 4.53% |
