About the property (MLS: 1279624):
Have it all in this fantastic 2-apartment home located at 36 Dunrobin Street, in Mount Pearl just minutes from schools, amenities, and easy access to St. John's via Kenmount Road. This home offers revenue potential without sacrificing space. The upper level boasts a modern, open concept design, and tasteful paint and finishes. The Kitchen is a chef's dream with beautiful dark cabinets, ample counter and cupboard space, large island, and stainless steel appliances. The open concept living/dining is great for entertaining. This floor also features 3 bedrooms, including the large primary with ensuite, and the main bathroom. Downstairs, the main unit also includes a rec room for added family space. The spacious apartment features 2 generous bedrooms, full kitchen with dark cabinets and stainless steel appliances, full bathroom, and laundry. Whether you're looking to supplement your mortgage with rental income or pick up a beautiful investment property, this home is the one! Per attached Seller's Direction, there will be no conveyance of offers prior to 5pm on Tuesday, November 19th, with offers to remain open until 9pm on November 19th. (id:56688)
Property Details
Listing ID: 27653748
Address: 36 Dunrobin Street, Mount Pearl, Newfoundland & Labrador, Canada A1N0E3
Status: Active
Last updated: 4 days ago ( Nov 17, 2024 )
Year Built: 2014
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Mixed Flooring
Living Area Total: 2,112 square feet
Price per sq ft: $195
Tax Annual Amount: $2,665
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Microwave
Water Source: Municipal water
Heating: Electric
Flooring: Laminate, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.534461, -52.803286]
Rooms
Basement | Not known Not known Not known Recreation room | 12.2x10.8 null 9.8x10.8 null 10.2x10.8 null 12.6x10 null |
Main level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Living room Kitchen | 4PC null 3PC null 9.4x10.10 null 9.4x10 null 12.10x10 null 17x12.2 null 11x15 null |
Basic Calculator
First Mortgage: $327,920
Mortgage insurance premium: $0
Total Financing: $327,920
Rough closing fee (1.5%): ~ $6,149
Total downpayment with estimated closing fee: $88,129
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,324 | $27,888 |
Gross rental income (income/principal ratio) | 0.567% | 6.804% |
Mortgage | $0 | $0 |
Monthly Expenses | $513 | $6,156 |
Vacancy | $117 | $1,395 |
Management Fee | $186 | $2,232 |
Expense / Income Ratio | 22.07% | 22.07% |
Cash Flow | $1,509 | $18,108 |
Net Operating Income (NOI) | $1,509 | $18,108 |
Capitalization Rate | 0.37% | 4.42% |