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TelephoneEmail5 Park Place, St. John's, Newfoundland & Labrador, Canada A1C6B2

5 Park Place

St. John's, NL, A1C6B2

location

6 Beds | 3 Baths

$985,000

5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Park Place St. John's Newfoundland & Labrador Canada A1C6B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1278154
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

0000

Investment Calculator:

MonthlyYearly
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 Ratio20.46%20.46%
Cash Flow$4,007$48,084
Net Operating Income (NOI)$4,007$48,084
Capitalization Rate0.41%4.88%
Capitalization Rate: 4.88%
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).): $1,407,143