About the property (MLS: 1281353):
Welcome to this rare opportunity to own a home in one of the most sought-after locations in the city! Nestled on the borders of beautiful Bowring Park, this condo townhouse offers the perfect blend of urban convenience and natural beauty. With the park's walking trails, green spaces, swimming pool, and dog park just steps away, you’ll have everything you need to enjoy a relaxed, outdoor lifestyle. The home is also well-connected to the rest of the city, with bus routes nearby and all amenities just a short distance away. Inside, you’ll find a spacious 3-bedroom, 1-bathroom layout with plenty of room to unwind. The main floor features an open living and dining area, complemented by upgraded vinyl windows that let in plenty of natural light. The home boasts oak hardwood floors on the main level and carpeted floors upstairs. Enjoy your own private retreat with a rear patio overlooking the park’s gates and trails. With hot water baseboard heat, two paved parking spaces, and a very low condo fee of just $80/month covering snow clearing and lawn maintenance, this property is both practical and inviting. Another Plus, major appliances—including a refrigerator, stove, washer, and dryer—are all included. Don’t miss out on this unique find! Sellers Direction, no offers will be presented prior to 5 pm February 3rd, 2025. Please leave any offers open until 10 pm on February 3rd, 2025. (id:56688)
Property Details
Listing ID: 27857497
Address: 66C Squires Avenue, St. John's, Newfoundland & Labrador, Canada A1E1G2
Status: Active
Last updated: 8 days ago ( Feb 5, 2025 )
Year Built: 1953
Property Type: Single Family
Architectural Style: 2 Level
Ownership Type: Condominium
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Hot water radiator heat, Baseboard heaters, Radiant heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Other
Living Area Total: 1,550 square feet
Price per sq ft: $155
Tax Annual Amount: $1,700
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Baseboard heaters, Radiant heat, Oil
Flooring: Hardwood, Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Number of photos available: 12
Rurl
Coordinates: [47.52447, -52.757243]
Rooms
Basement | Storage | 20x25 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 Pcs null 12x8 null 11.5x9.2 null 12x10 null |
Main level | Foyer Kitchen Living room/Dining room | 4x5 null 7x8 null 13.5x25.2 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,706 | $20,472 |
Gross rental income (income/principal ratio) | 0.711% | 8.534% |
Mortgage | $0 | $0 |
Monthly Expenses | $300 | $3,600 |
Vacancy | $86 | $1,024 |
Management Fee | $137 | $1,638 |
Expense / Income Ratio | 17.58% | 17.58% |
Cash Flow | $1,185 | $14,220 |
Net Operating Income (NOI) | $1,185 | $14,220 |
Capitalization Rate | 0.49% | 5.93% |