228 Lemarchant Road
St. John's, NL, A1C2H7
3 Beds | 1 Bath
$269,900
About the property (MLS: 1281737):
Charming & Spacious Home in the Heart of St. John’s! Welcome to 228 Lemarchant Road, a beautifully maintained 3-bedroom, 1-bathroom home that perfectly blends character and modern convenience. Situated in the heart of St. John’s, this charming property boasts high ceilings on the main floor, creating a bright and airy feel throughout the spacious living and dining areas. Upstairs, you'll find 3 bedrooms, two of which arre well-sized, with the third making a great home office, as well as the convenience of second-floor laundry, making daily routines a breeze. The partially developed basement provides additional space including a home office and extra storage. Step outside to enjoy the back patio, perfect for entertaining or relaxing in the fresh air. Plus, off-street parking is a rare and valuable feature in this central location! With its inviting layout, modern updates, and fantastic location just minutes from downtown, shopping, and amenities, this home shows exceptionally well and is move-in ready. Don’t miss your chance to own this gem in the heart of the city! Sellers direction in place, with offers commencing Monday, Feb 17 4:00PM, open until 9:00PM (id:56688)
Property Details
Listing ID: 27912702
Address: 228 Lemarchant Road, St. John's, Newfoundland & Labrador, Canada A1C2H7
Status: Active
Last updated: a month ago ( Feb 23, 2025 )
Year Built: 1960
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Hot water radiator heat, Baseboard heaters, Radiator
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,850 square feet
Price per sq ft: $146
Tax Annual Amount: $2,001
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Baseboard heaters, Radiator
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.555162, -52.722706]
Rooms
| Basement | Other Office | 7.8x7.10 null 7.4x9.9 null |
| Second level | Bath (# pieces 1-6) Laundry room Bedroom Bedroom Primary Bedroom | 4pc 6x6 null 6.6x8.4 null 11.8x12.9 null 12.2x13.4 null |
| Main level | Porch Kitchen Dining room Living room Porch | 4x4.8 null 10.6x12.9 null 12x12.9 null 12.9x12.9 null 3x4.6 null |
Basic Calculator
First Mortgage: $215,920
Mortgage insurance premium: $0
Total Financing: $215,920
Rough closing fee (1.5%): ~ $4,049
Total downpayment with estimated closing fee: $58,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,036 | $24,432 |
| Gross rental income (income/principal ratio) | 0.754% | 9.052% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $338 | $4,056 |
| Vacancy | $102 | $1,222 |
| Management Fee | $163 | $1,955 |
| Expense / Income Ratio | 16.60% | 16.60% |
| Cash Flow | $1,434 | $17,208 |
| Net Operating Income (NOI) | $1,434 | $17,208 |
| Capitalization Rate | 0.53% | 6.38% |
