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TelephoneEmail49 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0P9

49 Sir Wilfred Grenfell Street

St. John's, NL, A1B0P9

location

3 Beds | 3 Baths

$599,000

49 Sir Wilfred Grenfell Street St. John's Newfoundland & Labrador Canada A1B0P9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278275):

Stunning, fully developed, split-entry 2-apartment home with attached garage, conveniently situated on a quiet cul-de-sac in Westgate Subdivision! Bright, open concept main floor layout features the living room, dining area and kitchen with island and access to the back patio. Three spacious bedrooms and main 4-piece bath, including the primary bedroom with 3-piece ensuite. Downstairs has rec room and 1 bedroom basement apartment with living room, kitchen, laundry and bathroom. Complete with front and rear landscaping, paved drive, 10X12 patio, 10 Year Atlantic Home Warranty and main floor single head mini split! (id:56688)

Property Details
MLS: 1278275
Listing ID: 27726331
Address: 49 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0P9
Status: Active
Last updated: a month ago ( Dec 17, 2024 )
Year Built: 2023
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,450 square feet
Price per sq ft: $245
Tax Annual Amount: $4,440
Garage? Yes
Attached Garage? Yes
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: 0
Rurl
Coordinates: [47.544173, -52.802828]

Rooms

Basement
Not known
Bath (# pieces 1-6)
Not known
Not known
Not known
7x6.7 null
4PC null
14x12 null
14x10 null
11.4x10.10 null
Main level
Laundry room
Bath (# pieces 1-6)
Bedroom
Bedroom
Storage
Ensuite
Primary Bedroom
Not known
Kitchen
Living room

4pc
10.0x9.6 null
9.8x11.6 null
7.8x5.0 WIC null
3PC null
12.0x14.0 null
12.6x4.0 null
18.8x14.10 null
11.11x14.2 null

Basic Calculator



First Mortgage: $479,200

Mortgage insurance premium: $0

Total Financing: $479,200

Rough closing fee (1.5%): ~ $8,985

Total downpayment with estimated closing fee: $128,785

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,695$32,340
Gross rental income (income/principal ratio)0.450%5.399%
Mortgage$0$0
Monthly Expenses$749$8,988
Vacancy$135$1,617
Management Fee$216$2,588
Expense / Income Ratio27.79%27.79%
Cash Flow$1,596$19,152
Net Operating Income (NOI)$1,596$19,152
Capitalization Rate0.27%3.20%
Capitalization Rate: 3.20%
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).): $855,715