58 Welland Street
St. John's, NL, A1E1T6
2 Beds | 2 Baths
$369,900
About the property (MLS: 1277860):
Introducing the second offering of Gulliver's Ridge Subdivision in the west end of St. John's! These executive bungalows feature a contemporary design and immaculate finishes, complete with two bedrooms and two full baths. This is a great buy for purchasers just looking to start out, or mature adults who would like less maintenance! These units feature an open concept main living space that boast vaulted ceilings of over 11 ft! In addition to these awesome features, each unit come with its own private 10 x 12 patio, and an in house garage for those snowy days! Purchasers are free to choose their finishes based on generous allowances as follows: Flooring ($8,500), Cabinets ($8,500), and lighting ($1,000). All allowances are HST inclusive. (id:56688)
Property Details
Listing ID: 27485028
Address: 58 Welland Street, St. John's, Newfoundland & Labrador, Canada A1E1T6
Status: Active
Last updated: 4 days ago ( Oct 1, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 1,383 square feet
Price per sq ft: $268
Tax Annual Amount: $2,500
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.542599, -52.758837]
Rooms
| Lower level | Laundry room Bedroom Family room | 8'3"" x 15' x 5"" null 10'11"" x 13'0"" null 12'10"" x 16'8"" null |
| Main level | Bath (# pieces 1-6) Not known Primary Bedroom Kitchen Dining nook Family room | B4 null 10'7"" x 22'2"" null 13'3"" x 11'3"" null 13'3"" x 11'5"" null 11'3"" x 10'1"" null 10'10"" x 11'0"" null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,522 | $18,264 |
| Gross rental income (income/principal ratio) | 0.411% | 4.938% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $77 | $914 |
| Management Fee | $122 | $1,462 |
| Expense / Income Ratio | 30.42% | 30.42% |
| Cash Flow | $862 | $10,344 |
| Net Operating Income (NOI) | $862 | $10,344 |
| Capitalization Rate | 0.23% | 2.80% |
