About the property (MLS: 1278154):
Located in the heart of the historic quarter, this classic, second empire style home, designed by the firm J & J.T Southcott, is known as the "Southcott style". The perfect location, this home overlooks Bannerman Park and is only a minutes’ walk from the downtown core. The impressive grand hallway with showpiece staircase, joins the living room, dining room and family room, all with 12-foot ceilings. The new gourmet kitchen is sure to impress with timeless white cabinetry, sit up island, marble back splash, solid surface countertops, pot filler, coffee station, and stainless-steel appliances. The sunroom and family room overlook the private tree-lined garden and provides access to the rear patio with western exposure. The powder room and secondary mudroom off rear driveway complete the main floor. The impressive staircase leads to three spacious bedrooms (one currently used as an office) on the second level, with a 4-piece bathroom. Three additional bedrooms, den, and remodeled bathroom/laundry are situated on the third level. The lower level consists of the rec room with stone accent walls, vintage bar & wine cellar. This historical home has maintained many of the original architectural features such as concave-curved mansard roof with hooded dormer windows, decorative cornices under the eaves, fireplace mantles, cast plaster moldings, secondary staircase & two wall murals dating back to the 1920s. Many upgrades and recent improvements including windows on second and third levels, kitchen, updated bathrooms, some new flooring and refnished hardwoods and painted a classic paint palette throughout (full list available upon request). Complete with detached carriage house, & multi-car parking. A must see! (id:56688)
Property Details
Listing ID: 27492664
Address: 5 Park Place, St. John's, Newfoundland & Labrador, Canada A1C6B2
Status: Active
Last updated: a month ago ( Oct 2, 2024 )
Year Built: 1880
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 6
Baths: 3
1/2 Baths: 1
Heating: Hot water radiator heat, Oil, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 5,473 square feet
Price per sq ft: $180
Tax Annual Amount: $6,422
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Heating: Hot water radiator heat, Oil, Electric
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 46
Rurl
Coordinates: [47.570356, -52.70922]
Rooms
Basement | Storage Storage Storage Storage Storage Recreation room | 9.0x11.10 null 9.0x6.1 null 7.1x9.8 null 6.8x9.8 null 12.7x12.4 null 27.9x18.5 null |
Third level | Bath (# pieces 1-6) Family room Bedroom Bedroom Bedroom | 5.11x15.8 3pc 12.2x16.2 null 12.7x16.1 null 11.3x12.9 null 12.7x15.6 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 8.4x10.1 5pc 13.10x16.0 null 14.1x16.10 null 23.0x16.0 null |
Main level | Bath (# pieces 1-6) Not known Dining nook Kitchen Living room/Dining room Living room Dining room Foyer Porch | 5.11x6.4 2pc 5.9x14.7 null 8.11x14.7 null 15.8x14.7 null 14.1x29.2 null 19.4x19.3 null 17.0x16.0 null 10.6x6.10 null 5.9x8.0 null |
Basic Calculator
First Mortgage: $788,000
Mortgage insurance premium: $0
Total Financing: $788,000
Rough closing fee (1.5%): ~ $14,775
Total downpayment with estimated closing fee: $211,775
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $6,021 | $72,252 |
Gross rental income (income/principal ratio) | 0.611% | 7.335% |
Mortgage | $0 | $0 |
Monthly Expenses | $1,232 | $14,784 |
Vacancy | $302 | $3,613 |
Management Fee | $482 | $5,781 |
Expense / Income Ratio | 20.46% | 20.46% |
Cash Flow | $4,007 | $48,084 |
Net Operating Income (NOI) | $4,007 | $48,084 |
Capitalization Rate | 0.41% | 4.88% |