About the property (MLS: 1271820):
Charming, well-maintained 2-apartment bungalow, ideally located popular Kenmount Terrace, close to bus routes, Avalon Mall, Kelsey Drive, highway access and the Health Sciences Centre! Bright main floor boasts an open concept style layout with living room, dining area and kitchen with stainless steel appliances and access to the rear patio. Three spacious bedrooms, including the primary bedroom with ensuite, and main family bathroom. The basement houses the rec room and laundry for the main unit. One bedroom basement apartment has living room, kitchen and full bathroom. (id:56688)
Property Details
Listing ID: 26861984
Address: 61 Petite Forte Drive, St. JOhn's, Newfoundland & Labrador, Canada A1B0G9
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2013
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,400 square feet
Price per sq ft: $173
Tax Annual Amount: $3,323
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 18
Rurl
Coordinates: [47.554314, -52.796153]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Recreation room | 4pc 10.0x10.0 feet 12.0x10.0 feet 12.0x20.0 feet 12.0x12.0 feet |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room | 4pc 10.0x10.0 feet 10.0x10.0 feet 12.0x14.0 feet 12.0x16.0 feet 12.0x20.0 feet |
Basic Calculator
First Mortgage: $331,920
Mortgage insurance premium: $0
Total Financing: $331,920
Rough closing fee (1.5%): ~ $6,224
Total downpayment with estimated closing fee: $89,204
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,640 | $31,680 |
| Gross rental income (income/principal ratio) | 0.636% | 7.636% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $519 | $6,228 |
| Vacancy | $132 | $1,584 |
| Management Fee | $212 | $2,535 |
| Expense / Income Ratio | 19.66% | 19.66% |
| Cash Flow | $1,778 | $21,336 |
| Net Operating Income (NOI) | $1,778 | $21,336 |
| Capitalization Rate | 0.43% | 5.14% |




















