74 Whiteway Street
St. John's, NL, A1B1K6
3 Beds | 2 Baths
$339,000
About the property (MLS: 1279586):
Nestled on a mature street just steps away from MUN, this charming home offers an incredible opportunity for both first-time homeowners and savvy investors. Recently updated with essential modern features, it’s functionally ready and primed for the future. The main floor features a spacious living room with large bay windows that invite natural light and provide a perfect view of campus life. The bright, open kitchen is filled with sunlight from its surrounding windows, creating a warm and welcoming space. A full bath completes this level, along with a separate sunroom at the back, perfect for extra living space or a convenient mudroom. Upstairs, two well-proportioned bedrooms offer ample storage, accompanied by a second full bath. The partially developed basement includes two rooms with egress windows, finished walls, and ceilings, ready for potential use as bedrooms or recreational space. This home stands out with several unique features: an updated exterior envelope with new vinyl siding and windows, a modern 200-amp electrical service, and baseboard heating throughout—no trace of oil heating here. The kitchen has also been refreshed with new countertops and sink. With its practical layout offering two full baths and potential bedrooms across all three levels, this property is ideal for personal space or student rentals. Plus, the deep backyard offers a fantastic opportunity for future development, whether you’re considering a backyard suite or additional outdoor space. Schedule your viewings today! (id:56688)
Property Details
Listing ID: 27650531
Address: 74 Whiteway Street, St. John's, Newfoundland & Labrador, Canada A1B1K6
Status: Active
Last updated: 24 days ago ( Nov 18, 2024 )
Year Built: 1954
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 1,558 square feet
Price per sq ft: $218
Tax Annual Amount: $1,930
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.567918, -52.731569]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 3pc 13.2 x 8.9 null 12.10 x 9.2 null |
| Main level | Bath (# pieces 1-6) Bedroom Porch Living room Kitchen | 3pc 11.10 x 9.3 null 6.9 x 9.3 null 14.10 x 16 null 12.7 x 13.7 null |
| Basement | Utility room Recreation room Den | 7.5 x 23.1 null 10.10 x 15.10 null 11.8 x 8.4 null |
Basic Calculator
First Mortgage: $271,200
Mortgage insurance premium: $0
Total Financing: $271,200
Rough closing fee (1.5%): ~ $5,085
Total downpayment with estimated closing fee: $72,885
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,714 | $20,568 |
| Gross rental income (income/principal ratio) | 0.506% | 6.067% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $424 | $5,088 |
| Vacancy | $86 | $1,029 |
| Management Fee | $138 | $1,646 |
| Expense / Income Ratio | 24.74% | 24.74% |
| Cash Flow | $1,068 | $12,816 |
| Net Operating Income (NOI) | $1,068 | $12,816 |
| Capitalization Rate | 0.32% | 3.78% |
