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TelephoneEmail18 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0G1

18 Sir Wilfred Grenfell Street

St. John's, NL, A1B0G1

location

5 Beds | 3 Baths

$484,900

18 Sir Wilfred Grenfell Street St. John's Newfoundland & Labrador Canada A1B0G1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1272804
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

0000

Investment Calculator:

MonthlyYearly
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 Ratio22.88%22.88%
Cash Flow$1,702$20,424
Net Operating Income (NOI)$1,702$20,424
Capitalization Rate0.35%4.21%
Capitalization Rate: 4.21%
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).): $692,715