27 DURDLE Drive
St. John’s, NL, A1S1A7
4 Beds | 2 Baths
$299,900
About the property (MLS: 1281515):
Perfect for first-time buyers or investors, this delightful 2-apartment home features an oversized garden that basks in the evening sun. The lot measures 50’x111’ approx. and includes some updated vinyl windows and doors, along with reasonably maintained shingles. On the main floor, you'll find a bright, sunlit 3-bedroom unit with a contemporary bathroom featuring oak cabinet and oak kitchen. Off the dining room, the patio door leads to a spacious 14x12 pressure-treated deck, perfect for relaxing or entertaining. Downstairs, the main unit also includes a cozy family room with pot lights and a laundry area. Offset your mortgage with the 1-bedroom basement apartment, which has its own separate entrance and meter. The property features all-electric heat and a well-landscaped, flat, and fenced garden with two sheds (16x12 and 6x7). The smaller shed could be ideal as a playhouse for children. Conveniently located near Goulds schools, shopping, Peacekeepers Way, and the Trans-Canada Highway, this property is a fantastic opportunity. Don’t miss out—contact an agent today! Sellers Direction is attached to the listing all offers Due Wednesday, Feb 12, 2024 at 9am. Please allow until 3pm for review and acceptance. (House is being sold as is, where is.) (id:56688)
Property Details
Listing ID: 27884411
Address: 27 DURDLE Drive, St. John’s, Newfoundland & Labrador, Canada A1S1A7
Status: Active
Last updated: 12 days ago ( Mar 11, 2025 )
Year Built: 1988
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,800 square feet
Price per sq ft: $167
Tax Annual Amount: $2,140
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Parcel Number: Lot 11, 27 Durdle Dr
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.459839, -52.774814]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Laundry room Recreation room | 6x4 null 12x10 null 9x9 null 12x10 null 6x4 null 15x11 null |
| Lower level | Porch | 5x5 null |
| Main level | Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) Kitchen Dining room Living room | 10x8 null 10x8 null 12x9 null 9x5 null 9x9 null 10x7 null 13x11 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,981 | $23,772 |
| Gross rental income (income/principal ratio) | 0.661% | 7.927% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $100 | $1,189 |
| Management Fee | $159 | $1,902 |
| Expense / Income Ratio | 18.93% | 18.93% |
| Cash Flow | $1,349 | $16,188 |
| Net Operating Income (NOI) | $1,349 | $16,188 |
| Capitalization Rate | 0.45% | 5.40% |
