About the property (MLS: 1280518):
Beautifully updated storey and a half character home located on the doorsteps of many amenities that the city's centre city- west has to offer. Extensively renovated over the years, this 3 bed, 2 bath property has been tastefully updated in recent years with exceptional finishes. The main floor features a classic layout with extra wide central hallway, original hardwood throughout, formal living room with original coal burning fireplace (currently non-functioning), spacious formal dining room with mini split heat pump, incredibly renovated kitchen with quartz counter tops, contemporary cabinets with backsplash, stainless appliances and an impressive walk-in pantry. There is also an eating area off the kitchen with double patio doors to the rear deck, a home office/ 2nd bedroom, a den that was previously used as a 3rd bedroom and a renovated main floor bath with ceramics and glass corner shower. The second level is dedicated to the primary bedroom and has updated laminate flooring, laundry area, cozy sitting area and an updated 4 piece ensuite with jetted tub and glass corner shower. The basement is undeveloped, ideal for storage and also has an extra room for a home gym, workshop/ hobby area etc. as well as an in-house garage space. The exterior has a traditional covered porch, a driveway with parking for multiple vehicles and a ground level rear patio space. Located across from St. Clare's Mercy Hospital , walking distance to Bishop Abraham School, grocery shopping and downtown, around the corner from the west end revitalization including Urban Market and The Cove Bouldering and Cafe, on major bus routes and much more. (id:56688)
Property Details
Listing ID: 27760935
Address: 58 St. Clare Avenue, St. John's, Newfoundland & Labrador, Canada A1C2J8
Status: Active
Last updated: 16 days ago ( Jan 2, 2025 )
Year Built: 1938
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1.5
Number of Levels: 1.5
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Living Area Total: 2,683 square feet
Price per sq ft: $123
Tax Annual Amount: $2,458
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
Flooring: Hardwood, Laminate, Ceramic Tile
Exterior Features: Aluminum siding
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.557397, -52.723924]
Rooms
Second level | Other Ensuite Primary Bedroom | 10'5x7'11 null 4pc 17'10x12'5 null |
Main level | Not known Bath (# pieces 1-6) Office Den Living room Dining room Not known | 6'9x3'7 null 3pc 9'4x8'7 null 9'11x9'4 null 12'1x10'4 null 12'5x11'9 null 19'8x10'8 null |
Basic Calculator
First Mortgage: $263,920
Mortgage insurance premium: $0
Total Financing: $263,920
Rough closing fee (1.5%): ~ $4,949
Total downpayment with estimated closing fee: $70,929
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,952 | $35,424 |
Gross rental income (income/principal ratio) | 0.895% | 10.738% |
Mortgage | $0 | $0 |
Monthly Expenses | $413 | $4,956 |
Vacancy | $148 | $1,772 |
Management Fee | $237 | $2,834 |
Expense / Income Ratio | 13.99% | 13.99% |
Cash Flow | $2,156 | $25,872 |
Net Operating Income (NOI) | $2,156 | $25,872 |
Capitalization Rate | 0.65% | 7.84% |