About the property (MLS: 1276091):
Optimum condo purchase opportunity representing exceptional value. Located within St. John's heritage district, 2,250 sf. top floor condominium overlooking mature trees, professional landscape, Georgestown, The Basilica, and St. Bonaventure's College. A rarity to the local market and being sold by original owner. Spacious functional layout. Well-appointed interior finishes. Extensive glazing featuring rounded-top windows and patio doors accessing two covered balconies. Open Living and Dining space. Mahogany Kitchen complete with Corian counters. Marble floor Vestibule. Den with built-ins and pocket doors. Master Bedroom and Second Bedroom both complete with Ensuites including custom showers and Master Bedroom with soaker tub. New mini-splits recently installed. 20' x 5'-6" Laundry and Storage Area, plus 10'-6" x 7'-5" separate Storage Room. Two adjacent Garage Parking Stalls. Immediate accessibility to Merrymeeting Road Sobey's and NLC Shopping. The Rooms, Holy Heart Theatre, and Downtown. Courtyard with BBQ and reflection pool, Exercise Room + Common Room, Resident Manager and video surveillance. Well-managed condominium corp with substantial reserve fund. (id:56688)
Property Details
Listing ID: 27280575
Address: 25 Bonaventure Avenue Unit#301, St. John's, Newfoundland & Labrador, Canada A1C6N8
Status: Active
Last updated: 23 days ago ( Aug 14, 2024 )
Year Built: 2004
Property Type: Single Family
Architectural Style: 3 Level
Ownership Type: Condominium
Beds: 2
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Ceramic Tile
Living Area Total: 2,250 square feet
Price per sq ft: $356
Tax Annual Amount: $6,204
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Carpeted, Ceramic Tile
Exterior Features: Stone
Common Interest: Condo/Strata
Association Fee: 925
Number of photos available: 35
Rurl
Coordinates: [47.567691, -52.713575]
Rooms
Third level | Storage Ensuite Bedroom Other Other Ensuite Primary Bedroom Laundry room Foyer Den Kitchen Dining room Living room/Fireplace | 10.6x7.5 null 11.0x7.8 null 17.0x11.10 null 9.4x6.8 balcony null 9.4x6.8 balcony null 13.4x8.10 null 16.8x12.10 null 19.10x5.6 null 9x8 vestibule null 12.6x11.3 null 12.5x10.2 null 17.6x10.6 null 28.4x14.0 null |
Basic Calculator
First Mortgage: $639,200
Mortgage insurance premium: $0
Total Financing: $639,200
Rough closing fee (1.5%): ~ $11,985
Total downpayment with estimated closing fee: $171,785
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,475 | $29,700 |
Gross rental income (income/principal ratio) | 0.310% | 3.717% |
Mortgage | $0 | $0 |
Monthly Expenses | $999 | $11,988 |
Vacancy | $124 | $1,485 |
Management Fee | $198 | $2,376 |
Expense / Income Ratio | 40.36% | 40.36% |
Cash Flow | $1,155 | $13,860 |
Net Operating Income (NOI) | $1,155 | $13,860 |
Capitalization Rate | 0.14% | 1.73% |