151 Ladysmith Drive
St.Johns, NL, A1B0M3
5 Beds | 4 Baths
$519,900
About the property (MLS: 1281343):
Welcome to this beautiful split-entry 2-apartment home in Kenmount Terrace. This home offers open concept design, functional spaces and a great location ideal for families and investors. The main floor features a modern kitchen equipped with ample cabinetry, spacious back deck off the kitchen perfect for summer barbecues also the convenience of your laundry area. The primary bedroom offers a walk-in closet and an ensuite. Two additional bedrooms and full bathroom complete the upper level. Also belonging to main unit is a large family room and a full bath. The basement apartment, has a covered porch so the tenant doesn’t have to worry about getting snowed in. It features a modern eat-in kitchen, a cozy living room, two nice bedrooms and full bath. This beautiful home is located in popular Kenmount Terrace which is known for its central location with lots of shopping, schools and hospital just a short distance away. This property is great for students or the working family. Public transportation and bus stops are nearby. As per Sellers Direction, no conveyance of any offers until 6pm on Wednesday Feb 5th 2025 and any offers to be left open until 10pm on the same date. The reason no offers until Wednesday is the vendors will be out of town until then. All measurements to be verified by purchaser. (id:56688)
Property Details
Listing ID: 27861648
Address: 151 Ladysmith Drive, St.Johns, Newfoundland & Labrador, Canada A1B0M3
Status: Active
Last updated: 22 days ago ( Jan 31, 2025 )
Year Built: 2011
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Fencing: Partially fenced
Living Area Total: 2,440 square feet
Price per sq ft: $214
Tax Annual Amount: $3,708
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Heating: Electric
Flooring: Laminate, Other
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.555148, -52.794913]
Rooms
| Basement | Not known Not known Not known Not known | 8.5x9.5 null 10.5x12 null 10x16 null 9x12.5 null |
| Main level | Bedroom Primary Bedroom Kitchen | 9.5x10 null 13x13 null 10x16 null |
Basic Calculator
First Mortgage: $415,920
Mortgage insurance premium: $0
Total Financing: $415,920
Rough closing fee (1.5%): ~ $7,799
Total downpayment with estimated closing fee: $111,779
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,684 | $32,208 |
| Gross rental income (income/principal ratio) | 0.516% | 6.195% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $650 | $7,800 |
| Vacancy | $135 | $1,611 |
| Management Fee | $215 | $2,577 |
| Expense / Income Ratio | 24.22% | 24.22% |
| Cash Flow | $1,686 | $20,232 |
| Net Operating Income (NOI) | $1,686 | $20,232 |
| Capitalization Rate | 0.32% | 3.89% |
