About the property (MLS: 1280090):
Welcome to the Southside Road of St. John's, this home is nestled on one of the most historic and oldest streets in the city. This semi-detached home is very for that make over and modern updating. Located within walking distance to many amenities such as restaurants, historic landmarks and the downtown core just minutes away. Just down the road is the start of the Trans Canada Travel Trail leading to Bowring Park. The main floor offers an inviting living room, kitchen and rec room at the rear of the house. Outside off the rec room there is a quaint and low-maintenance backyard with a patio, perfect for summer outdoor get-togethers and a storage shed. Upstairs, you'll find three bedrooms accentuated ceilings, a full bathroom, all the windows are large and let in a lot of natural light. This older style home has a front yard and there's off street parking. (id:56688)
Property Details
Listing ID: 27703956
Address: 243 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A1
Status: Active
Last updated: 9 days ago ( Jan 10, 2025 )
Year Built: 1834
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: 1
1/2 Baths: 0
Heating: Hot water radiator heat, Radiator
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,835 square feet
Price per sq ft: $82
Tax Annual Amount: $1,430
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Radiator
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.553212, -52.711459]
Rooms
Second level | Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) | 9'10""x6'1"" null 14'9""x9'3"" null 14'1""x13'8"" null 4PC null |
Main level | Recreation room Not known Living room Porch | 11'9""x20'5 null 15'3""x13'11"" null 15'1""x13'8"" null 5'7""x3'2"" null |
Basic Calculator
First Mortgage: $119,920
Mortgage insurance premium: $0
Total Financing: $119,920
Rough closing fee (1.5%): ~ $2,249
Total downpayment with estimated closing fee: $32,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,019 | $24,228 |
Gross rental income (income/principal ratio) | 1.347% | 16.163% |
Mortgage | $0 | $0 |
Monthly Expenses | $188 | $2,256 |
Vacancy | $101 | $1,212 |
Management Fee | $162 | $1,939 |
Expense / Income Ratio | 9.31% | 9.31% |
Cash Flow | $1,569 | $18,828 |
Net Operating Income (NOI) | $1,569 | $18,828 |
Capitalization Rate | 1.05% | 12.56% |