About the property (MLS: 1282059):
Step into comfort and indulgence at East Point Condominiums with this fully furnished 2-bedroom condo on the second floor! The inviting open-concept kitchen, with its sit-at peninsula, opens into the dining and living rooms—perfect for gatherings or quiet evenings. Large, bright windows create a warm ambiance, and the covered deck is ideal for year-round relaxation. Pamper yourself in the ensuite’s jacuzzi tub, alongside a full bathroom and a handy space off the kitchen for a pantry or home office. With heated storage, underground parking, elevator convenience, and ample visitor parking, every need is met. Located in St. John’s east end, you’re minutes from Stavanger Drive’s shops, restaurants, and groceries, with quick highway access. Fully furnished and fabulous—this condo is ready to welcome you! Offers are to be in by 4pm Sunday March.2 and left open until 8pm March.2nd. (id:56688)
Property Details
Listing ID: 27963362
Address: 459 Logy Bay Road Unit#Unit 205, St. John's, Newfoundland & Labrador, Canada A1A5C6
Status: Active
Last updated: 16 days ago ( Feb 28, 2025 )
Year Built: 2011
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 1,484 square feet
Price per sq ft: $270
Tax Annual Amount: $3,256
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Brick, Vinyl siding
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 501.05
Number of photos available: 28
Rurl
Coordinates: [47.610452, -52.689034]
Rooms
Main level | Laundry room Bath (# pieces 1-6) Ensuite Not known Living room Dining room Kitchen Bedroom Primary Bedroom | 13'2 x 10'3 null 9'3 x 10'1 null 13'2 x 10'3 null 6'2 x 9'10 null 15'7 x 16'9 null 14'3 x 13'10 null 8'8 x 14'8 null 11'9 x 12'6 null 13 x 22'4 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,633 | $19,596 |
Gross rental income (income/principal ratio) | 0.408% | 4.900% |
Mortgage | $0 | $0 |
Monthly Expenses | $500 | $6,000 |
Vacancy | $82 | $980 |
Management Fee | $131 | $1,568 |
Expense / Income Ratio | 30.62% | 30.62% |
Cash Flow | $921 | $11,052 |
Net Operating Income (NOI) | $921 | $11,052 |
Capitalization Rate | 0.23% | 2.76% |