About the property (MLS: 1281940):
COWAN HEIGHTS - REGISTERED 2 APARTMENT!! - This spacious family home just listed on Bellevue Crescent may just be the one you've been searching for! The main unit is full of natural light, offering a large eat-in kitchen with solid wood cabinetry, a center island with extra drawer storage, a large dining room, a living room with a Valor radiant propane fireplace, a family room and a half bathroom with laundry. The 2nd level offers 4 spacious bedrooms all on the one level and 2 full 4 piece bathrooms; to include a master bedroom with ensuite and 2 closets. The walk out basement has extra room to develop for the main floor unit and/or extra storage and a 1 bedroom self contained apartment with a large eat in kitchen, a large living room, a 12x12 bedroom with 2 closets, a 4 piece bathroom and a separate laundry room. Hardwood flooring throughout the main floor, hardwood staircase, laminate & softwood throughout 2nd level and laminate flooring in the apartment. Some notable upgrades completed in recent years include; the addition of a heat exchanger unit in Dec 2024, a new Valor Radiant Propane Fireplace insert was installed approximately 3 years ago and New PEX Plumbing throughout in Nov 2024. Large patio deck, 12 x 10 storage shed, a large fully fenced backyard and 3 car paved parking!! Close to schools and all amenities. Both units will be vacant on closing!! Contact Today to Book Your Private Viewing!! Due to sellers direction, the vendor will be reviewing any offers received on Thursday, Feb 27th @ 4pm and will respond by 7pm. (id:56688)
Property Details
Listing ID: 27944735
Address: 7 Bellevue Crescent, St. John's, Newfoundland & Labrador, Canada A1E5T5
Status: Active
Last updated: 20 days ago ( Feb 24, 2025 )
Year Built: 1989
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Fencing: Fence
Living Area Total: 3,240 square feet
Price per sq ft: $129
Tax Annual Amount: $3,057
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Central Vacuum, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Laminate, Other
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.535592, -52.772242]
Rooms
Lower level | Not known Bath (# pieces 1-6) Not known Not known Not known Not known | 5.83 x 5.42 null 9.92 x 5.08 null 12.5 x 11.75 null 13.21 x 12.42 null 13.67 x 13.33 null 4.71 x 4.25 null |
Second level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Bedroom Ensuite Ensuite Primary Bedroom | 4PC null 9.83 x 6.04 null 15.17 x 9.67 null 13.42 x 10 null 12.17 x 10 null 4PC null 7.5 x 7.66 null 14.92 x 13.33 null |
Main level | Porch Bath (# pieces 1-6) Laundry room Family room Living room Dining room Kitchen Porch | 7.17 x 3.92 null 2PC null 7.17 x 7.5 null 12.25 x 12 null 15.58 x 11.92 null 13.17 x 12.42 null 16.33 x 13.58 null 5 x 6 null |
Basic Calculator
First Mortgage: $334,000
Mortgage insurance premium: $0
Total Financing: $334,000
Rough closing fee (1.5%): ~ $6,263
Total downpayment with estimated closing fee: $89,763
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,565 | $42,780 |
Gross rental income (income/principal ratio) | 0.854% | 10.247% |
Mortgage | $0 | $0 |
Monthly Expenses | $522 | $6,264 |
Vacancy | $179 | $2,139 |
Management Fee | $286 | $3,423 |
Expense / Income Ratio | 14.64% | 14.64% |
Cash Flow | $2,580 | $30,960 |
Net Operating Income (NOI) | $2,580 | $30,960 |
Capitalization Rate | 0.62% | 7.42% |