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TelephoneEmail181 Hamilton Avenue Unit#205, St. John's, Newfoundland & Labrador, Canada A1E1J4

181 Hamilton Avenue Unit#205

St. John's, NL, A1E1J4

location

2 Beds | 2 Baths

$639,900

181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
181 Hamilton Avenue Unit#205 St. John's Newfoundland & Labrador Canada A1E1J4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276047):

Welcome to Park Place West, a luxurious condominium building located on the edge of the recently revitalized Victoria Park in Downtown St. John’s. Unit 205 offers a bright, spacious, and modern living experience with a stunning panoramic park view. One of the standout features of this unit is the dedicated underground parking spot, ensuring you’ll never have to scrape your car in the winter again—a true convenience during colder months. The open-concept design boasts 10' ceilings, custom trim walls, and elegant custom wainscoting that adds a touch of classic charm to the sleek decor. The kitchen features custom-built white oak cabinets, solid surface countertops, and premium stainless steel appliances, with a large island that’s perfect for entertaining. The 18,000 BTU Daikin heat pump provides efficient heating in the winter and comfortable air conditioning during the summer. The primary suite, with its serene view of Victoria Park, includes a walk-in closet and a three-piece ensuite with a tiled shower. The spacious guest bedroom, versatile enough to be used as a large home office, also features custom-built details and a bright, inviting atmosphere. Living at Park Place West means enjoying premium amenities such as a fitness centre, meeting room, garbage and recycling chute on each floor, secure storage lockers, and the convenience of a live-in building manager. The building is designed with security in mind, featuring a fully fenced property, security cameras, and electronic locking doors. Additional highlights of this unit include a second full bathroom, in-unit laundry, and ample storage space. (id:56688)

Property Details
MLS: 1276047
Listing ID: 27279287
Address: 181 Hamilton Avenue Unit#205, St. John's, Newfoundland & Labrador, Canada A1E1J4
Status: Active
Last updated: a month ago ( Aug 12, 2024 )
Year Built: 2018
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 1,173 square feet
Price per sq ft: $546
Tax Annual Amount: $3,927
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Central Vacuum, Dishwasher, Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Other
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 473
Number of photos available: 34
Rurl
Coordinates: [47.55249, -52.721572]

Rooms

Main level
Ensuite
Bath (# pieces 1-6)
Primary Bedroom
Bedroom
Kitchen
Dining room
Living room
B3 null
B4 null
15 x 12 null
11 x 12 null
10.5 x 8.5 null
12.3 x 9 null
13.5 x 8.5 null

Basic Calculator



First Mortgage: $511,920

Mortgage insurance premium: $0

Total Financing: $511,920

Rough closing fee (1.5%): ~ $9,599

Total downpayment with estimated closing fee: $137,579

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,291$15,492
Gross rental income (income/principal ratio)0.202%2.421%
Mortgage$0$0
Monthly Expenses$800$9,600
Vacancy$65$775
Management Fee$104$1,240
Expense / Income Ratio61.97%61.97%
Cash Flow$324$3,888
Net Operating Income (NOI)$324$3,888
Capitalization Rate0.05%0.61%
Capitalization Rate: 0.61%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $914,143