58 QUEENS Road
ST. JOHN'S, NL, A1C2A5
3 Beds | 3 Baths
$649,900
About the property (MLS: 1276062):
Great Opportunity to live in one of the finest historic properties in St. John's (O'Donel Memorial Hall) BUILT IN 1908. This majestic townhome condo located in the heart of the city offers light filled spaces, with soaring ceilings 12ft ceilings on the main and 14ft ceilings on the 2nd floor. Exceptional care was given to detail and finishes in the restoration of this three bedroom three bathroom townhome. This unit comes with two car private parking outside the front door. Private rear courtyard. A true open concept on the main floor as you enter the living room, dining room, kitchen Don't be disappointed this is one of the best offerings in downtown St. John's. This condo corporation is made up of only 3 units, Any expenses incurred are divided evenly. Ten years ago renovations were completed to the exterior of the building and was painted at the same time. MAJOR IMPROVEMENT -OIL FURNACE WAS REPLACED WITH AN ELECTRIC FURNACE AND ELECTRICAL UPGRADE. MAJOR SAVINGS ON HEAT COSTS (id:56688)
Property Details
Listing ID: 27554201
Address: 58 QUEENS Road, ST. JOHN'S, Newfoundland & Labrador, Canada A1C2A5
Status: Active
Last updated: 2 months ago ( Nov 14, 2024 )
Year Built: 1908
Property Type: Single Family
Ownership Type: Condominium
View: View
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Hot water radiator heat, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 2,312 square feet
Price per sq ft: $282
Tax Annual Amount: $5,500
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Dryer, Alarm System, Cooktop, Oven - Built-In
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Electric, Propane
Flooring: Hardwood, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Stone, Concrete Block
Common Interest: Condo/Strata
Number of photos available: 40
Rurl
Coordinates: [47.567031, -52.709251]
Rooms
| Main level | Storage Bath (# pieces 1-6) Utility room Porch Other Kitchen Dining room Living room/Fireplace | XX null 2PC BATH null 7.6X4.8 null 7.6X3.6 null 11X6 PANTRY null 16.6X11 null 16.6X11 null 25X17 null |
| Second level | Bath (# pieces 1-6) Ensuite Not known Bedroom Bedroom Primary Bedroom | 4PC BATH 8X5 null 4PC BATH 11X10 null 12X10.6 SITTING null 15X11.9 null 18X11 null 18X13.7 null |
Basic Calculator
First Mortgage: $519,920
Mortgage insurance premium: $0
Total Financing: $519,920
Rough closing fee (1.5%): ~ $9,749
Total downpayment with estimated closing fee: $139,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,544 | $30,528 |
| Gross rental income (income/principal ratio) | 0.391% | 4.697% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $813 | $9,756 |
| Vacancy | $128 | $1,527 |
| Management Fee | $204 | $2,443 |
| Expense / Income Ratio | 31.96% | 31.96% |
| Cash Flow | $1,401 | $16,812 |
| Net Operating Income (NOI) | $1,401 | $16,812 |
| Capitalization Rate | 0.22% | 2.59% |
