39 Queen's Road Unit#1
St. John's, NL, A1C2A6
2 Beds | 1 Bath
$220,000
About the property (MLS: 1275794):
Constructed between 1892 and 1895 this former Victorian Gothic Revival style church was redesigned into Chapel Hill Condominiums in 1987 while still maintaining its rich history, architectural design and status as a Municipal Heritage Structure. Conveniently located within walking distance to parks, restaurants, bakeries, shopping, theatres, art galleries, entertainment, sporting events and schools. Unit 1 with its slightly modern feel has a bright kitchen complimented with stainless steel appliance with ample cabinet and counters space to explore your culinary skills. The open concept living and diving area is perfect for entertaining family and friends and has a convenient window nook allowing natural light for that much needed office space. Down the hall are two ample sized bedrooms. Located on the main level with the convenience of a dedicated parking spot located just off the east entrance. There is an additional private storage unit available in the building as well as an elevator and laundry facilities. This unit would make a great investment property, employee or student accommodations, a place to stay while visiting the many sights and sounds of our vibrant city or a place to call your home. (id:56688)
Property Details
Listing ID: 27252800
Address: 39 Queen's Road Unit#1, St. John's, Newfoundland & Labrador, Canada A1C2A6
Status: Active
Last updated: 9 days ago ( Jan 6, 2025 )
Year Built: 1987
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 850 square feet
Price per sq ft: $259
Tax Annual Amount: $1,453
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Other
Exterior Features: Wood, Vinyl siding
Common Interest: Condo/Strata
Association Fee: 322.82
Number of photos available: 14
Rurl
Coordinates: [47.567701, -52.708484]
Rooms
| Main level | Porch Bath (# pieces 1-6) Bedroom Bedroom Dining room Living room Kitchen | 8 x 4.18 null 10.92 x 4 null 9.32 x 11.90 null 9.45 x 11.96 null 6.62 x 15.44 null 8.44 x 16.89 null 8.94 x 7.5 null |
Basic Calculator
First Mortgage: $176,000
Mortgage insurance premium: $0
Total Financing: $176,000
Rough closing fee (1.5%): ~ $3,300
Total downpayment with estimated closing fee: $47,300
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $936 | $11,232 |
| Gross rental income (income/principal ratio) | 0.425% | 5.105% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $275 | $3,300 |
| Vacancy | $47 | $562 |
| Management Fee | $75 | $899 |
| Expense / Income Ratio | 29.38% | 29.38% |
| Cash Flow | $540 | $6,480 |
| Net Operating Income (NOI) | $540 | $6,480 |
| Capitalization Rate | 0.25% | 2.95% |
