1 Lower Battery Road
St. John’s, NL, A1A1A1
2 Beds | 2 Baths
$599,900
About the property (MLS: 1280937):
This fully renovated 2-bedroom, 2-bathroom home, located in the historic and sought-after The Battery neighborhood on Signal Hill, offers one of the most unique and iconic locations in Newfoundland. With the distinction of being assigned Canada’s first postal code, A1A 1A1, this property boasts unobstructed views of St. John’s Harbour and is just steps from the world-famous Signal Hill hike. Inside, the home features gleaming hardwood floors and stairs throughout, blending modern updates with historic charm. The property also includes a rare parking spot, a highly desirable feature in The Battery. Just a short walk to The Battery Café, downtown St. John’s, and all its vibrant dining, shopping, and cultural landmarks, this home presents an excellent opportunity for those seeking a private residence or a high-demand AirBnB investment. (id:56688)
Property Details
Listing ID: 27803115
Address: 1 Lower Battery Road, St. John’s, Newfoundland & Labrador, Canada A1A1A1
Status: Active
Last updated: 2 months ago ( Jan 15, 2025 )
Year Built: 1930
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood
Living Area Total: 1,340 square feet
Price per sq ft: $448
Tax Annual Amount: $2,304
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Baseboard heaters, Electric
Flooring: Hardwood
Exterior Features: Wood, Vinyl siding
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.570776, -52.696187]
Rooms
| Second level | Bath (# pieces 1-6) Not known Bedroom Primary Bedroom | Full null 7 x 6 null 11 x 10.5 null 11.25 x 10.75 null |
| Main level | Bath (# pieces 1-6) Storage Porch Living room Not known | Half null 4 x 7 null 5 x 6 null 15.75 x 12 null 15 x 17.5 null |
Basic Calculator
First Mortgage: $479,920
Mortgage insurance premium: $0
Total Financing: $479,920
Rough closing fee (1.5%): ~ $8,999
Total downpayment with estimated closing fee: $128,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,475 | $17,700 |
| Gross rental income (income/principal ratio) | 0.246% | 2.950% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $750 | $9,000 |
| Vacancy | $74 | $885 |
| Management Fee | $118 | $1,416 |
| Expense / Income Ratio | 50.85% | 50.85% |
| Cash Flow | $534 | $6,408 |
| Net Operating Income (NOI) | $534 | $6,408 |
| Capitalization Rate | 0.09% | 1.07% |
