194 Canada Drive
St. John's, NL, A1E2N1
3 Beds | 2 Baths
$324,900
About the property (MLS: 1280299):
Welcome to 194 Canada Drive! This is a Pre-Inspected registered 2-apartment dwelling, lovingly cared for by the same family for over 30 years, this charming home offers a perfect blend of comfort, functionality, and thoughtful design. The main floor boasts two spacious bedrooms, a functional bathroom, and two distinct sitting areas—one with a cozy fireplace and another with a bright sunroom window - perfect for cozy mornings. A formal dining room and a kitchen with an eat-in nook make this space ideal for both entertaining and everyday living. The basement provides even more versatility, featuring a study or home office, a cozy rec room with a woodstove, and a shared laundry room connecting to the in-law suite. The suite offers a private bedroom, galley kitchen, three-piece bathroom, and open sitting area—perfect for guests, extended family or a tenant. There is one electrical panel and it is located in the In-Law Suite. Outside, the beautifully landscaped backyard is your private retreat, complete with a tranquil fountain and fencing for added privacy. A small storage shed and a two-car paved driveway add convenience to this delightful property. Located close to bus routes, the Team Gushue Highway, fitness facilities, and shopping, this home is perfectly positioned for modern living. View before Christmas and start the New Year in your new home! 's. As per attached 'Sellers Direction Document' all offers to be submitted on or before Monday, December 16, 2024 at 5:00PM with a response time no later than 8:00PM on December 16, 2024. (id:56688)
Property Details
Listing ID: 27733447
Address: 194 Canada Drive, St. John's, Newfoundland & Labrador, Canada A1E2N1
Status: Active
Last updated: a month ago ( Dec 16, 2024 )
Year Built: 1978
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Propane, Wood
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Ceramic Tile, Mixed Flooring
Living Area Total: 2,400 square feet
Price per sq ft: $136
Tax Annual Amount: $2,175
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Propane, Wood
Flooring: Hardwood, Laminate, Other, Ceramic Tile, Mixed Flooring
Fireplace Features: Wood, Insert, Woodstove, Propane
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 32
Rurl
Coordinates: [47.528136, -52.771193]
Rooms
| Basement | Not known Not known Not known Not known Recreation room Laundry room | 10’6” x 12’5” null 10’8” x 12’5” null 12’4” x 17’10” null 10’11” x 10’11” null 27’0” x 8’8” null 13’4” x 6’6” null |
| Main level | Bedroom Bath (# pieces 1-6) Primary Bedroom Living room Kitchen Dining room Living room/Fireplace | 10’3” x 10’9” null 3 Piece null 10’5” x 13’4” null 9’8” x 11’4” null 11’7” x 13’3” null 9’4” x 13’1” null 12’6” x 156” null |
Basic Calculator
First Mortgage: $259,920
Mortgage insurance premium: $0
Total Financing: $259,920
Rough closing fee (1.5%): ~ $4,874
Total downpayment with estimated closing fee: $69,854
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,640 | $31,680 |
| Gross rental income (income/principal ratio) | 0.813% | 9.751% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $132 | $1,584 |
| Management Fee | $212 | $2,535 |
| Expense / Income Ratio | 15.42% | 15.42% |
| Cash Flow | $1,890 | $22,680 |
| Net Operating Income (NOI) | $1,890 | $22,680 |
| Capitalization Rate | 0.58% | 6.98% |
