265 Canada Drive
St. John's, NL, A1E5L2
5 Beds | 4 Baths
$399,900
About the property (MLS: 1279642):
This very well maintained two apartment home is a must see. Owners have taken much pride in keeping this home at it's best. Backing onto an open treed green space with southern exposure, a large patio, fenced backyard and a 10x16 shed. Bright and spacious living, Dining and Kitchen areas with propane fireplace. Consist of a large master bedroom with double closets, built in shelving and a 3pc ensuite. Two more spacious bedrooms and full bath on main. Half bath and Laundry off a large rec-room downstairs. The beautiful, well maintained registered two apartment is very spacious and bright with 2 bedrooms, full bath/laundry room. Very convenient location in Cowan Heights, St. John's. As per Seller's direction, no conveyance of any written signed offers prior to 12pm Saturday, November 16th. Offers to remain open until 5pm Saturday, November 16th. Presentation of offers to be 2pm on Saturday, November 16th. Please have your offer in prior to this time. (id:56688)
Property Details
Listing ID: 27650128
Address: 265 Canada Drive, St. John's, Newfoundland & Labrador, Canada A1E5L2
Status: Active
Last updated: a month ago ( Nov 14, 2024 )
Year Built: 1986
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 2,549 square feet
Price per sq ft: $157
Tax Annual Amount: $2,582
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Microwave, Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.526385, -52.777281]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen Laundry room Mud room Recreation room | unknown null 3pc unknown null unknown null unknown null unknown null unknown null unknown null 15.2x12.6 null |
| Main level | Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Not known Dining room Living room Foyer | 10.6x9 null 10.6x9.4 null 3pc 14x13 null 3pc 14x11 null 11x9 null 16x13.1 null unknown null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,804 | $33,648 |
| Gross rental income (income/principal ratio) | 0.701% | 8.414% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $141 | $1,683 |
| Management Fee | $225 | $2,692 |
| Expense / Income Ratio | 17.83% | 17.83% |
| Cash Flow | $1,940 | $23,280 |
| Net Operating Income (NOI) | $1,940 | $23,280 |
| Capitalization Rate | 0.49% | 5.82% |
