130 Lemarchant Road Unit#407
St. John's, NL, A1C2H2
2 Beds | 2 Baths
$354,900
About the property (MLS: 1282206):
Beautiful condo, freshly painted throughout, ideally centrally located close to the downtown core, bus routes, schools and walking trails! Boasting 9-foot ceilings, the bright open concept style layout features the living room with access to the 12x12 private covered balcony, dining area and kitchen. Two well proportioned bedrooms, primary bedroom with ensuite with heated floor, and main 4-piece bathroom with heated floors. Comfortable mini splits for efficient heating and cooling, and convenient in-unit soundproofed laundry with additional storage space in the basement! Monthly condo fee includes general common area maintenance, garbage and snow removal! Pleasure to view, don't wait! (id:56688)
Property Details
Listing ID: 27977626
Address: 130 Lemarchant Road Unit#407, St. John's, Newfoundland & Labrador, Canada A1C2H2
Status: Active
Last updated: 12 days ago ( Mar 4, 2025 )
Year Built: 1996
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Heat Pump, Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,195 square feet
Price per sq ft: $297
Tax Annual Amount: $2,393
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Heat Pump, Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Brick
Common Interest: Condo/Strata
Association Fee: 453
Number of photos available: 29
Rurl
Coordinates: [47.559155, -52.719734]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Dining nook Kitchen Living room | 7.6x6.0 null 7.0X5.0 4PC null 12.6X9.6 null 5.0x5.0 4PC null 15.6x10.6 null 13.0x9.4 null 10.0x8.0 null 20.0x11.6 null |
Basic Calculator
First Mortgage: $283,920
Mortgage insurance premium: $0
Total Financing: $283,920
Rough closing fee (1.5%): ~ $5,324
Total downpayment with estimated closing fee: $76,304
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,315 | $15,780 |
| Gross rental income (income/principal ratio) | 0.371% | 4.446% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $444 | $5,328 |
| Vacancy | $66 | $789 |
| Management Fee | $106 | $1,263 |
| Expense / Income Ratio | 33.76% | 33.76% |
| Cash Flow | $701 | $8,412 |
| Net Operating Income (NOI) | $701 | $8,412 |
| Capitalization Rate | 0.20% | 2.37% |
