About the property (MLS: 1280440):
New to market is this charming 2-apartment home, ideally situated on a peaceful cul-de-sac in the desirable east end of St. John's. This well-maintained bungalow offers the perfect blend of comfort and convenience, with a prime location within walking distance to St. Paul's School, shopping centres, supermarkets, banking, and a variety of other amenities. The bright and spacious 3-bedroom main level unit features a large kitchen, dining room, and living room—perfect for entertaining, with easy access to the rear patio for outdoor enjoyment. The lower level includes laundry and lots of storage space. The basement apartment is equally impressive, offering 2 generous bedrooms, a full bathroom, and an open-concept kitchen and living area. A laundry/utility area completes this self-contained unit. Large backyard with drive in access adds to the convenience of this well-located property. The mature lot has privacy and a shed for extra storage! Whether you're looking for a great investment opportunity or seeking to live upstairs while offsetting your mortgage with rental income, this home offers tremendous potential. Don’t miss out—schedule your private showing today and experience all this property has to offer! Any offers to be submitted by Sunday, Dec 22nd at 5:00 PM & Please leave all offers open until at least 8:00 PM. Per the attached Seller Direction. (id:56688)
Property Details
Listing ID: 27747628
Address: 9 Bugler Place, St. John's, Newfoundland & Labrador, Canada A1A5E3
Status: Active
Last updated: 8 days ago ( Jan 11, 2025 )
Year Built: 1996
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: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 2,506 square feet
Price per sq ft: $148
Tax Annual Amount: $2,100
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.600531, -52.706977]
Rooms
Lower level | Utility room Bath (# pieces 1-6) Bedroom Primary Bedroom Dining room Living room Kitchen Foyer | 7.4x9.8 null 3pc 9.6x9.9 null 10.8x13.4 null 13.1x6.5 null 11.11x14.1 null 8.9x6.10 null 4.9x4.9 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Dining room Kitchen Living room/Fireplace Foyer | 3pc 9.0x12.11 null 9.3x12.11 null 12.11x11.0 null 8.2x13.3 null 7.9x12.2 null 12.11x13.9 null 6.5x6.7m null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,757 | $33,084 |
Gross rental income (income/principal ratio) | 0.745% | 8.944% |
Mortgage | $0 | $0 |
Monthly Expenses | $463 | $5,556 |
Vacancy | $138 | $1,655 |
Management Fee | $221 | $2,647 |
Expense / Income Ratio | 16.79% | 16.79% |
Cash Flow | $1,936 | $23,232 |
Net Operating Income (NOI) | $1,936 | $23,232 |
Capitalization Rate | 0.52% | 6.28% |