About the property (MLS: 1274137):
Brand new, registered 2-apartment home conveniently situated on a quiet side street in Westgate! This home features 5 bedrooms, 3 full 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. Apartment includes covered stairwell, 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: 27093603
Address: 22 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0R3
Status: Active
Last updated: 2 months ago ( Jun 26, 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: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,359 square feet
Price per sq ft: $208
Tax Annual Amount: $3,520
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.543628, -52.804372]
Rooms
Basement | Laundry room Not known Bath (# pieces 1-6) Not known Not known Not known Laundry room Recreation room | - null 8.8x9.10 null 4pc 11.6x9.10 null 11.0x15.0 null 11.10x16.6 null - null 11.10x11.8 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Kitchen Dining room Living room | 4PC null 9.4x9.6 null 9.4x9.6 null 3PC null 12.0x13.6 null 12.0x11.1 null 12.0x9.3 null 12.0x13.4 null |
Basic Calculator
First Mortgage: $391,920
Mortgage insurance premium: $0
Total Financing: $391,920
Rough closing fee (1.5%): ~ $7,349
Total downpayment with estimated closing fee: $105,329
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,595 | $31,140 |
Gross rental income (income/principal ratio) | 0.530% | 6.356% |
Mortgage | $0 | $0 |
Monthly Expenses | $613 | $7,356 |
Vacancy | $130 | $1,557 |
Management Fee | $208 | $2,492 |
Expense / Income Ratio | 23.62% | 23.62% |
Cash Flow | $1,645 | $19,740 |
Net Operating Income (NOI) | $1,645 | $19,740 |
Capitalization Rate | 0.34% | 4.03% |