About the property (MLS: 1274597):
This stunning two-storey family home with an attached garage is on a spacious corner lot in the beautiful and popular Kenmount Terrace. This modern and sophisticated home features an open concept living space with plenty of natural light. The family room, dining area, and kitchen are perfect for family game nights and chats. The inviting main level features hardwood floors, crown mouldings, and Boston headers. The cozy family room is warmed by a propane fireplace, and the beautiful kitchen boasts Corian countertops and stainless steel appliances. There's also a convenient laundry closet, a half bath, and garage access, making it easy to bring your groceries right to the kitchen. The private backyard extends from the dining area. Upstairs, you'll find an oversized and relaxing primary bedroom complete with an ensuite bathroom and a walk-in closet plus two other good size bedrooms. The spacious basement includes a family room, bedroom, den/office area, a full bathroom, and a private entrance. Outside, savor your private fenced-in backyard, complete with a soothing hot tub and an outdoor BBQ kitchen, ideal for entertaining guests or unwinding with family. This home also offers the potential for an in-law suite with its own entrance, enhancing its versatility. Located in the heart of Kenmount Terrace, enjoy easy access to bus routes, shopping, churches, restaurants, and major roadways like Kenmount Road, Kelsey Drive, and the highway. Exciting news: A brand new elementary and primary school will open in September 2026, serving families and children on Ladysmith Drive – across from Petite Forte Drive in Kenmount Terrace. (id:56688)
Property Details
Listing ID: 27152205
Address: 26 Petite Forte Drive, St. John's, Newfoundland & Labrador, Canada A1B0E3
Status: Active
Last updated: 2 months ago ( Jul 16, 2024 )
Year Built: 2010
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 2,800 square feet
Price per sq ft: $179
Tax Annual Amount: $2,548
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters
Flooring: Hardwood, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.55256, -52.794899]
Rooms
Basement | Bedroom Recreation room | 10.2 x 9.11 null 13.10 x 13.1 null |
Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 3 pc 3 pc 10.9 x 9.6 null 12.9 x 9.10 null 17 x 14.5 null |
Main level | Laundry room Bath (# pieces 1-6) Living room Family room/Fireplace Eating area Kitchen | Closet null 2 pcs 14.5 x 11.8 null 12.8 x 11 null 12.8 x 10 null 10.9 x 9.9 null |
Basic Calculator
First Mortgage: $400,000
Mortgage insurance premium: $0
Total Financing: $400,000
Rough closing fee (1.5%): ~ $7,500
Total downpayment with estimated closing fee: $107,500
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,081 | $36,972 |
Gross rental income (income/principal ratio) | 0.616% | 7.394% |
Mortgage | $0 | $0 |
Monthly Expenses | $625 | $7,500 |
Vacancy | $155 | $1,849 |
Management Fee | $247 | $2,958 |
Expense / Income Ratio | 20.29% | 20.29% |
Cash Flow | $2,056 | $24,672 |
Net Operating Income (NOI) | $2,056 | $24,672 |
Capitalization Rate | 0.41% | 4.93% |