
About the property (MLS: 1272804):
Brand new, 2-apartment home conveniently situated on a quiet side street in Kenmount Terrace! This home features 5 bedrooms, 3 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 primary bedroom. Basement includes a rec room, and laundry. Apartment, with covered well, includes living room and Kitchen, 2 bedrooms and separate laundry facilities. Situated on a fully landscaped lot in front and rear with 3-car parking. Comes with 10 Year Atlantic Home Warranty and single head mini split on main floor. (id:56688)
Property Details
Listing ID: 26954883
Address: 18 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0G1
Status: Active
Last updated: 2 years ago ( May 28, 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: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,411 square feet
Price per sq ft: $202
Tax Annual Amount: $3,860
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.543317, -52.804115]
Rooms
| Basement | Utility room Bath (# pieces 1-6) Not known Not known Not known Not known Recreation room | 7.0x5.11 feet 4PC 5.7x5.7 feet 13.2x10.3 feet 12.2x9.7 feet 11.2x11.4 feet 11.1x11.3 feet 10.9x8.7 feet |
| Main level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 4PC 6.0x6.5 feet 3PC 7.0x5.8 feet 9.10x10.0 feet 9.10x10.0 feet 12.5x10.1 feet 12.11x12.4 feet 11.6x7.6 feet 11.6x11.9 feet |
Basic Calculator
First Mortgage: $387,920
Mortgage insurance premium: $0
Total Financing: $387,920
Rough closing fee (1.5%): ~ $7,274
Total downpayment with estimated closing fee: $104,254
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,653 | $31,836 |
| Gross rental income (income/principal ratio) | 0.547% | 6.565% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $607 | $7,284 |
| Vacancy | $133 | $1,592 |
| Management Fee | $213 | $2,547 |
| Expense / Income Ratio | 22.88% | 22.88% |
| Cash Flow | $1,702 | $20,424 |
| Net Operating Income (NOI) | $1,702 | $20,424 |
| Capitalization Rate | 0.35% | 4.21% |


