About the property (MLS: 1273035):
Welcome to 115 Forest Road #3 in this great east end location. Tucked away on a private street This 2 bedroom, 1.5 bathroom condo in a charming duplex With 1,200 sqft of living space, in house garage/carport. Hardwood floors and laminate. Remodeled kitchen with stainless steel appliances. Large primary bedroom. bathroom with jetted tub and shower. Patio deck off kitchen. Inviting living room & 1/2 bath and rear patio. New shingles. Condo fees include garbage removal, outside repairs, and snow clearing in front of condo for added convenience. Don't miss out on the opportunity to live on the door step of popular Quidi Vidi Lake and walk to downtown, shopping & signal hill. Fabulous east end neighborhood. (id:56688)
Property Details
Listing ID: 26978620
Address: 115 Forest Road Unit#3, St. John's, Newfoundland & Labrador, Canada A1A1E8
Status: Active
Last updated: a year ago ( Jun 3, 2024 )
Year Built: 2002
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 1,800 square feet
Price per sq ft: $195
Tax Annual Amount: $2,462
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? Yes
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Heating: Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Association Fee: 250
Number of photos available: 18
Rurl
Coordinates: [47.577099, -52.693256]
Rooms
| Basement | Storage | 12 x 6 feet |
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom | B4 feet 11.3 x 9.6 feet 13 x 18 feet |
| Main level | Bath (# pieces 1-6) Laundry room Eating area Kitchen Living room | B2 feet 6.6 x 5.3 feet 10.11 x 8 feet 4.6 x 10.10 feet 13.11 x 11.2 feet |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,981 | $23,772 |
| Gross rental income (income/principal ratio) | 0.566% | 6.794% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $100 | $1,189 |
| Management Fee | $159 | $1,902 |
| Expense / Income Ratio | 22.11% | 22.11% |
| Cash Flow | $1,286 | $15,432 |
| Net Operating Income (NOI) | $1,286 | $15,432 |
| Capitalization Rate | 0.37% | 4.41% |




















