64 Queens Road
St. John's, NL, A1C2A5
4 Beds | 4 Baths
$1,595,000
About the property (MLS: 1273890):
The present Benevolent Irish Society Building (BIS), constructed of stone and masonry in 1877, represents Second Empire architecture and one of the few structures in St. John's that withstood the great fire of 1892. Refinished from its shell after the fire in 1894, the BIS building that housed the oldest charitable and social organization in Newfoundland dating back to 1806, became the place of one of the first silent movie theatres in North America from 1907 to 1960, "The Nickel Theatre". At the turn of the 21st century, the BIS was converted to three remarkable private townhomes, and today, for the first time since residential conversion, the 5,200 sf. "West Wing" residence is now being offered to the market. Captivating and inspiring living spaces over-looking colourful downtown St. John's, The Harbour, and The Narrows. Classic European-style entryway. Elevator and light-filled maple staircase. Sensational 3rd level Great Room with soaring plaster-molded ceiling, wood-burning fireplace, automated projector screen, multiple 10' high rounded-top windows, Dining Area, and Loft Area complete with wood-burning fireplace and Library. 25' x 14' fully-equipped Artistic Kitchen. Master Bedroom with wood-burning fireplace and 7-piece Ensuite. In-floor electric-fired hot water heating, plus new mini-splits. In-house Garage. Professional Landscaping. Dry-stacked stone walls, flagstone patio, wrought iron fencing and gated entry. (id:56688)
Property Details
Listing ID: 27070454
Address: 64 Queens Road, St. John's, Newfoundland & Labrador, Canada A1C2A5
Status: Active
Last updated: 12 days ago ( Aug 26, 2024 )
Year Built: 1877
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 4
Number of Levels: 4
Beds: 4
Baths: 4
1/2 Baths: 2
Heating: Electric, Wood
Sewer: Municipal sewage system
Flooring: Ceramic Tile
Fencing: Fence
Living Area Total: 5,223 square feet
Price per sq ft: $306
Tax Annual Amount: $9,500
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Intercom, Dishwasher, Alarm System, Cooktop, Oven - Built-In
Water Source: Municipal water
Foundation Details: Stone, Concrete Slab
Heating: Electric, Wood
Flooring: Ceramic Tile
Exterior Features: Stone, Other
Common Interest: Freehold
Number of photos available: 48
Rurl
Coordinates: [47.566665, -52.709421]
Rooms
| Fourth level | Other Other | 12.0x14.0 study null 13.0x14.0 null |
| Main level | Storage Storage Utility room Kitchen Recreation room Porch | 10.0x5.6 null 14.2x5.6 null 9.9x6.10 null 9.2x8.6 null 21.2x16.4 null 21.0x7.0 null |
| Second level | Laundry room Other Bedroom Bedroom Other Ensuite Primary Bedroom | 7.0x5.0 null 13.6x11.0 null 12.2x11.2 null 12.6x10.5 null 12.4x7.6 closet null 13.0x8.9 null 21.0x14.0 null |
| Third level | Dining room Kitchen Living room/Fireplace | 15.0x12.6 null 25.0x14.0 null 27.0x28.0 null |
Basic Calculator
First Mortgage: $1,276,000
Mortgage insurance premium: $0
Total Financing: $1,276,000
Rough closing fee (1.5%): ~ $23,925
Total downpayment with estimated closing fee: $342,925
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $5,746 | $68,952 |
| Gross rental income (income/principal ratio) | 0.360% | 4.323% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,994 | $23,928 |
| Vacancy | $288 | $3,448 |
| Management Fee | $460 | $5,517 |
| Expense / Income Ratio | 34.70% | 34.70% |
| Cash Flow | $3,006 | $36,072 |
| Net Operating Income (NOI) | $3,006 | $36,072 |
| Capitalization Rate | 0.19% | 2.26% |
