68 Quidi Vidi Road
St. John's, NL, A1C1C1
3 Beds | 1 Bath
$175,000
About the property (MLS: 1277277):
The renovation project you’ve been looking for! Welcome to 68 Quidi Vidi Road. This charming century year old home sits on the quaint street of Quidi Vidi Road, near beloved Belbin’s Grocery. Connecting with Forest Road, Signal Hill Road, and the Battery, this property offers a unique village charm that’s a rare find in the city. A short walk to Quidi Vidi Lake, Signal Hill, The Battery, and Quidi Vidi Village, it’s an ideal location for a rental property or a cozy home for first-time buyers or those looking to downsize. Featuring original heritage details like doors, knobs, stairs, railings, trims, moldings, a ceiling medallion, a fireplace, and hardwood floors, this home is full of character to be preserved. It even has a connection to local history, once believed to have housed a former city mayor. The lovely, sunny, fenced backyard offers a peaceful outdoor space, while the mature lot adds privacy and charm. On-street permit parking is available. Book your showing and register your offer today. This home is being sold as is, where is. Per the seller's directive, there is no conveyance of offers prior to 7:00 pm Thursday, October 3rd. (id:56688)
Property Details
Listing ID: 27487644
Address: 68 Quidi Vidi Road, St. John's, Newfoundland & Labrador, Canada A1C1C1
Status: Active
Last updated: 3 days ago ( Oct 1, 2024 )
Year Built: 1920
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Other, Mixed Flooring
Fencing: Fence
Living Area Total: 1,405 square feet
Price per sq ft: $125
Tax Annual Amount: $1,490
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Oil
Flooring: Hardwood, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.573734, -52.697363]
Rooms
| Third level | Storage | 18'2"" x 16' null |
| Second level | Bedroom Bedroom Bedroom | 9'11"" x 11'10"" null 10'5"" x 8'10"" null 13' x 10'1"" null |
| Main level | Living room Dining room Laundry room Kitchen | 10'8"" x 12'7"" null 10'11"" x 12'7"" null 4'4"" x 8'10"" null 13' 8"" x 9'11"" null |
Basic Calculator
First Mortgage: $140,000
Mortgage insurance premium: $0
Total Financing: $140,000
Rough closing fee (1.5%): ~ $2,625
Total downpayment with estimated closing fee: $37,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,546 | $18,552 |
| Gross rental income (income/principal ratio) | 0.883% | 10.601% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $219 | $2,628 |
| Vacancy | $78 | $928 |
| Management Fee | $124 | $1,485 |
| Expense / Income Ratio | 14.17% | 14.17% |
| Cash Flow | $1,127 | $13,524 |
| Net Operating Income (NOI) | $1,127 | $13,524 |
| Capitalization Rate | 0.64% | 7.73% |
