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TelephoneEmail45 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0R3

45 Sir Wilfred Grenfell Street

St. John's, NL, A1B0R3

location

5 Beds | 4 Baths

$559,900

45 Sir Wilfred Grenfell Street St. John's Newfoundland & Labrador Canada A1B0R3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280064):

Brand new, 2-apartment home conveniently located on a quiet side street in Westgate! This home features 5 bedrooms, 3 and a half bathrooms, with an open concept style in each unit. Main unit has living room, dining room and kitchen with 3 bedrooms and ensuite bath off of the master with rec room, half bath and laundry in the basement. Apartment includes living room and Kitchen, 2 bedrooms and separate laundry facilities and 4-piece bath. Situated on a fully landscaped corner lot with front and rear, 10 Year Atlantic Home Warranty and main floor single head mini split! Still time to select your final finishes!! *Completion by end of April 2025. (id:56688)

Property Details
MLS: 1280064
Listing ID: 27696274
Address: 45 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0R3
Status: Active
Last updated: 12 days ago ( Nov 29, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,484 square feet
Price per sq ft: $226
Tax Annual Amount: $3,900
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.54459, -52.804168]

Rooms

Basement
Laundry room
Bath (# pieces 1-6)
Not known
Not known
Not known
Not known
Laundry room
Bath (# pieces 1-6)
Recreation room
- null
4pc
9.8x13.0 null
9.4x13.2 null
12.0x10.0 null
12.0x10.0 null
6.2x7.0 null
2pc
13.0x17.4 null
Main level
Bath (# pieces 1-6)
Bedroom
Bedroom
Ensuite
Primary Bedroom
Not known
Living room
4PC null
11.0x10.10 null
9.4x9.10 null
3PC null
13.6x12.10 null
13.6x18.4 null
13.0x16.00 null

Basic Calculator



First Mortgage: $447,920

Mortgage insurance premium: $0

Total Financing: $447,920

Rough closing fee (1.5%): ~ $8,399

Total downpayment with estimated closing fee: $120,379

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,733$32,796
Gross rental income (income/principal ratio)0.488%5.857%
Mortgage$0$0
Monthly Expenses$700$8,400
Vacancy$137$1,640
Management Fee$219$2,624
Expense / Income Ratio25.61%25.61%
Cash Flow$1,678$20,136
Net Operating Income (NOI)$1,678$20,136
Capitalization Rate0.30%3.60%
Capitalization Rate: 3.60%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $799,858