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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | 25.61% | 25.61% |
Cash Flow | $1,678 | $20,136 |
Net Operating Income (NOI) | $1,678 | $20,136 |
Capitalization Rate | 0.30% | 3.60% |