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TelephoneEmail2 Tessier's Lane, St John's, Newfoundland & Labrador, Canada A1E4L6

2 Tessier's Lane

St John's, NL, A1E4L6

location

4 Beds | 3 Baths

$647,000

2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Tessier's Lane St John's Newfoundland & Labrador Canada A1E4L6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277164):

Nestled in the highly sought-after Waterford Valley area of St. John’s, this architecturally designed home offers a blend of unique charm and modern convenience on a private lane. Surrounded by nature and old-growth trees, yet minutes from the vibrant downtown core, this property is a rare gem. The home features a unique A-frame design, complete with vaulted ceilings, wooden accents, and oversized windows that flood the space with natural light. The spacious, open-concept main floor flows effortlessly from the living area, anchored by a stone fireplace, to the updated, large galley kitchen, which boasts high-end appliances, ample cabinetry, a cozy breakfast nook and a wood-burning pizza oven. With an almost complete overhaul over the past 8 years, this home is sure to impress. This property offers 4 bedrooms, including a luxurious master bedroom with vaulted ceilings and large windows, a full wall-to-ceiling Ikea storage system, and it's own fireplace. Additional bedrooms are bright and versatile, perfect for family or guests. Outdoors, the private backyard is an entertainer's dream, with a covered deck, mature trees, and a fully fenced yard perfect for gatherings. The landscaped yard enhances the property’s curb appeal, complete with a built-in fire-pit, creating a tranquil retreat. Key features include a fully renovated 1-Bedroom In-law basement apartment (2023), energy-efficient windows and doors, ample storage, and a private driveway with parking for multiple vehicles with a heated detached, wired garage (See upgrades image for more information). Situated near scenic walking trails, parks, and schools, this home combines luxury living with urban convenience. This home comes pre-inspected and move-in ready. Don’t miss the opportunity to own this extraordinary one-of-a-kind property in the coveted Waterford Valley. Call today for a viewing! (id:56688)

Property Details
MLS: 1277164
Listing ID: 27410245
Address: 2 Tessier's Lane, St John's, Newfoundland & Labrador, Canada A1E4L6
Status: Active
Last updated: 17 days ago ( Sep 17, 2024 )
Year Built: 1981
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: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Propane, Wood
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Fencing: Fence
Living Area Total: 2,850 square feet
Price per sq ft: $228
Tax Annual Amount: $3,511
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Cooktop
Water Source: Municipal water
Foundation Details: Stone, Poured Concrete
Heating: Baseboard heaters, Electric, Propane, Wood
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Fireplace Features: Wood, Insert, Woodstove, Propane
Exterior Features: Wood, Stone, Cedar Siding
Common Interest: Freehold
Number of photos available: 49
Rurl
Coordinates: [47.543129, -52.729914]

Rooms

Basement
Bath (# pieces 1-6)
Not known
Not known
Not known
10.1 x 5.7 null
10.1 x 9.4 null
17.1 x 10.8 null
23.5 x 12.5 null
Main level
Living room/Fireplace
Laundry room
Bath (# pieces 1-6)
Dining room
Kitchen
Foyer
23.4 x 13.10 null
10.5 x 7.5 null
3x 6.8 null
13.2 x 12.7 null
15.5 x 12 null
15.3x 14.8 null
Second level
Bedroom
Bedroom
Bath (# pieces 1-6)
Primary Bedroom
8.11 x8.5 null
9.3 x 15.3 null
4.6 x 8.5 null
13.10 x 14.8 null

Basic Calculator



First Mortgage: $517,600

Mortgage insurance premium: $0

Total Financing: $517,600

Rough closing fee (1.5%): ~ $9,705

Total downpayment with estimated closing fee: $139,105

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,136$37,632
Gross rental income (income/principal ratio)0.485%5.816%
Mortgage$0$0
Monthly Expenses$809$9,708
Vacancy$157$1,882
Management Fee$251$3,011
Expense / Income Ratio25.80%25.80%
Cash Flow$1,920$23,040
Net Operating Income (NOI)$1,920$23,040
Capitalization Rate0.30%3.56%
Capitalization Rate: 3.56%
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).): $924,286