70 Freshwater Road Unit#201
St. John's, NL, A1C2N6
3 Beds | 2 Baths
$350,000
About the property (MLS: 1281668):
Unit 201 at 70 Freshwater Road is a unique two-story, townhouse style executive condo featuring plenty of living space with an expansive open concept living area, 2+1 bedrooms, 2 full bathrooms, rear patio surrounded by mature trees, in-unit laundry, plenty of closets and built-in storage cupboards, a separate storage locker, and character features such as additional lounging/hobby areas on each floor, vaulted ceilings and a clawfoot tub in the primary suite! This condo building, while centrally located in the downtown, is nestled in a private lot that is set back off Freshwater Road providing a sense of privacy and seclusion! The entrance to unit 201 is directly off the front of the building with one reserved parking space and ample visitor parking. The condo is a second floor, two-story unit with stairs. *All measurements are approximate* (id:56688)
Property Details
Listing ID: 27907173
Address: 70 Freshwater Road Unit#201, St. John's, Newfoundland & Labrador, Canada A1C2N6
Status: Active
Last updated: a month ago ( Feb 16, 2025 )
Year Built: 2012
Property Type: Single Family
Ownership Type: Condominium
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 1,778 square feet
Price per sq ft: $197
Tax Annual Amount: $2,593
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Other
Common Interest: Condo/Strata
Association Fee: 469.15
Number of photos available: 28
Rurl
Coordinates: [47.564123, -52.719801]
Rooms
| Third level | Ensuite Primary Bedroom Bedroom Other | 4 PC null 16'2""x21'8"" null 10'3""x17'0"" null 8'10""x11'6"" null |
| Second level | Bath (# pieces 1-6) Den Dining room Kitchen Living room | 4 PC null 9'7""x10'7"" null 15'6""x19'10"" null 11'9""x14'9"" null 13'8""x16'8"" null |
Basic Calculator
First Mortgage: $280,000
Mortgage insurance premium: $0
Total Financing: $280,000
Rough closing fee (1.5%): ~ $5,250
Total downpayment with estimated closing fee: $75,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,956 | $23,472 |
| Gross rental income (income/principal ratio) | 0.559% | 6.706% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $98 | $1,174 |
| Management Fee | $157 | $1,878 |
| Expense / Income Ratio | 22.39% | 22.39% |
| Cash Flow | $1,264 | $15,168 |
| Net Operating Income (NOI) | $1,264 | $15,168 |
| Capitalization Rate | 0.36% | 4.33% |
