635 Topsail Road
St John's, NL, A1E2E1
4 Beds | 2 Baths
$309,900
About the property (MLS: 1277484):
HUGE 2 apartment home in the heart of the city! Perfectly located near top-rated schools, shopping malls, grocery stores, recreational facilities and major metrobus routes. This property offers an unbeatable lifestyle for families with access to everywhere. You will be impressed with the size of this home with over 3000 square feet of living space. Main floor features three bedrooms, massive living room and functional kitchen, dining room and a converted garage that's used for more living space. The lower level has a one bedroom apartment, rec-room for the main floor and plenty of storage. This wonderful home has a gorgeous back yard with tons of privacy, trees and plenty of room for the kids to enjoy! Don't miss out on this one!! (id:56688)
Property Details
Listing ID: 27418066
Address: 635 Topsail Road, St John's, Newfoundland & Labrador, Canada A1E2E1
Status: Active
Last updated: 14 days ago ( Sep 20, 2024 )
Year Built: 1960
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Oil, Radiator
Sewer: Municipal sewage system
Flooring: Hardwood, Other
Living Area Total: 3,132 square feet
Price per sq ft: $99
Tax Annual Amount: $2,401
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Heating: Baseboard heaters, Oil, Radiator
Flooring: Hardwood, Other
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.526942, -52.765426]
Rooms
| Lower level | Storage Utility room Utility room Storage Recreation room Bath (# pieces 1-6) Not known Not known Not known Not known | 19.1 x 4.9 null 14 x 6.1 null 11.9 x 12.1 null 11.8 x 16.5 null 14 x 20 null 9.1 x 5.7 null 12.10 x 6.7 null 14.7 x 9.1 null 16.5 x 9.4 null 13.1 x 10.8 null |
| Main level | Foyer Foyer Bath (# pieces 1-6) Bedroom Bedroom Bedroom Dining room Kitchen Family room Living room | 9.9 x 6.2 null 7.8 x 5 null 7.9 x 10.2 null 9.4 x 13.2 null 10.5 x 9.1 null 12.3 x 10.2 null 9.7 x 15.2 null 18.7 x 15.2 null 15.2 x 12.2 null 20.3 x 14.1 null |
Basic Calculator
First Mortgage: $247,920
Mortgage insurance premium: $0
Total Financing: $247,920
Rough closing fee (1.5%): ~ $4,649
Total downpayment with estimated closing fee: $66,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,446 | $41,352 |
| Gross rental income (income/principal ratio) | 1.112% | 13.344% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $388 | $4,656 |
| Vacancy | $173 | $2,068 |
| Management Fee | $276 | $3,309 |
| Expense / Income Ratio | 11.26% | 11.26% |
| Cash Flow | $2,611 | $31,332 |
| Net Operating Income (NOI) | $2,611 | $31,332 |
| Capitalization Rate | 0.84% | 10.11% |
