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TelephoneEmail117 Queens Road Unit#25, St. John's, Newfoundland & Labrador, Canada A1C2B2

117 Queens Road Unit#25

St. John's, NL, A1C2B2

location

1 Bed | 1 Bath

$147,500

117 Queens Road Unit#25 St. John's Newfoundland & Labrador Canada A1C2B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
117 Queens Road Unit#25 St. John's Newfoundland & Labrador Canada A1C2B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
117 Queens Road Unit#25 St. John's Newfoundland & Labrador Canada A1C2B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
117 Queens Road Unit#25 St. John's Newfoundland & Labrador Canada A1C2B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
117 Queens Road Unit#25 St. John's Newfoundland & Labrador Canada A1C2B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
117 Queens Road Unit#25 St. John's Newfoundland & Labrador Canada A1C2B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
117 Queens Road Unit#25 St. John's Newfoundland & Labrador Canada A1C2B2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1281104):

Looking for location and price, you're in luck, this condo is the one! A well-maintained 1 bedroom, 1 bathroom condo with its own laundry and is perfectly located downtown with a short walk to all restaurants and bars and the St. Johns waterfront! Boasting an open concept living/dining/ kitchen, beautiful hardwood floors with everything included; fridge, stove, dishwasher, washer & dryer and completely furnished! This unit also has a convenient, heated underground parking space. Move-in ready! (id:56688)

Property Details
MLS: 1281104
Listing ID: 27826027
Address: 117 Queens Road Unit#25, St. John's, Newfoundland & Labrador, Canada A1C2B2
Status: Active
Last updated: 22 days ago ( Jan 23, 2025 )
Year Built: 1990
Property Type: Single Family
Ownership Type: Condominium
Beds: 1
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 500 square feet
Price per sq ft: $295
Tax Annual Amount: $1,115
Tax Year: 2025
Garage? Yes
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, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 220
Number of photos available: 7
Rurl
Coordinates: [47.564057, -52.710039]

Rooms

Main level
Kitchen
Bedroom
Living room
8 x 7 null
11 x 9 null
13 x 8 null

Basic Calculator



First Mortgage: $118,000

Mortgage insurance premium: $0

Total Financing: $118,000

Rough closing fee (1.5%): ~ $2,213

Total downpayment with estimated closing fee: $31,713

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$550$6,600
Gross rental income (income/principal ratio)0.373%4.475%
Mortgage$0$0
Monthly Expenses$185$2,220
Vacancy$28$330
Management Fee$44$528
Expense / Income Ratio33.64%33.64%
Cash Flow$294$3,528
Net Operating Income (NOI)$294$3,528
Capitalization Rate0.20%2.39%
Capitalization Rate: 2.39%
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).): $210,715