48 Brine Street
St. John's, NL, A1E2T3
2 Beds | 3 Baths
$689,000
About the property (MLS: 1278226):
One of a kind, high end executive 2 bedroom, 2 and 1 half bath, self contained, open concept town homes located 5 minutes walk from the downtown core. Each unit has an in house garage and a private roof top deck. With high end finishes this home is perfect for the professional who wants that downtown quintessential living. Equipped with heat pumps,air conditioning, security systems and outside cameras. Each bedroom has an ensuite bath and their own deck. Main floor has a two piece bath for your guest's convenience. With high ceilings throughout, this home has a spacious feeling. Finishes include hardwoods, ceramic and quartz. Perfect for entertaining and cozy living with a New York vibe. The owner is willing to sell completely furnished and equipped. Rental income has been $3900 a month and high in demand, for the owner who wishes to have a high end rental property. Located close to schools, shopping, restaurants, and recreation. This home has to be seen to be appreciated. Shared cost of power for lane way to individual garages at a cost of approximately 50-75 per month. Owners share the cost of snow removal. Listing agent is a co-owner of this property. (id:56688)
Property Details
Listing ID: 27502949
Address: 48 Brine Street, St. John's, Newfoundland & Labrador, Canada A1E2T3
Status: Active
Last updated: 2 months ago ( Jan 20, 2025 )
Year Built: 2019
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 3
1/2 Baths: 1
Heating: Heat Pump, Electric
Sewer: Municipal sewage system
Flooring: Ceramic Tile
Living Area Total: 1,994 square feet
Price per sq ft: $346
Tax Annual Amount: $1,792
Tax Year: 2023
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave, Alarm System, Oven - Built-In
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump, Electric
Flooring: Ceramic Tile
Exterior Features: Other
Cooling: Central air conditioning, Air exchanger
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.554609, -52.716351]
Rooms
| Other | Other | 673 sq/ft deck null |
| Third level | Other | 6.5x18.10 null |
| Basement | Not known Storage Other Other | 14.4x27 null 13.1x9.7 null 5.6x7.1 null 8.6x7.11 HALL null |
| Second level | Other Laundry room Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom | 6.7x28.2 HALL null 5.11x3 null 7.5x7.6 null 14.4x13.2 null 7.5x15.6 null 11.11x18.10 null |
| Main level | Other Kitchen Dining room Living room Other | 8.4x3.10 null 14.4x17.3 null 14.4x8.10 null 14.4x18.1 null 8.5x11.4 null |
Basic Calculator
First Mortgage: $551,200
Mortgage insurance premium: $0
Total Financing: $551,200
Rough closing fee (1.5%): ~ $10,335
Total downpayment with estimated closing fee: $148,135
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,194 | $26,328 |
| Gross rental income (income/principal ratio) | 0.318% | 3.821% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $862 | $10,344 |
| Vacancy | $110 | $1,317 |
| Management Fee | $176 | $2,107 |
| Expense / Income Ratio | 39.29% | 39.29% |
| Cash Flow | $1,047 | $12,564 |
| Net Operating Income (NOI) | $1,047 | $12,564 |
| Capitalization Rate | 0.15% | 1.82% |
