116 Great Eastern Avenue
St. John's, NL, A1B0J7
5 Beds | 3 Baths
$529,000
About the property (MLS: 1282295):
Just listed this 2apt in Kenmount terrace is sure to please any buyer or investor. This 2apt home has an added bonus of a garage for the main unit.The main floor features a large kitchen with a peninsula/eating area,dining/living room combination,3 bedrooms with primary bedroom having a full ensuite and walk-in closet,2 other bedrooms,laundry.The basement apt features a large kitchen with eating area and a nice size living room and 2 bedrooms,laundry and bath.The apt entrance is covered also..Both units are currently leased ,the main is leased until April 30,2025 for $2100 POU and the apt is leased until October 30,2025 for $1500 POU. (id:56688)
Property Details
Listing ID: 27990388
Address: 116 Great Eastern Avenue, St. John's, Newfoundland & Labrador, Canada A1B0J7
Status: Active
Last updated: 4 days ago ( Mar 19, 2025 )
Year Built: 2012
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,400 square feet
Price per sq ft: $221
Tax Annual Amount: $2,945
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher, Stove
Water Source: Municipal water
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.546433, -52.79988]
Rooms
| Basement | Porch Bath (# pieces 1-6) Laundry room Bedroom Bedroom Living room Dining nook Kitchen | 5 x 10 null x 0 null x 0 null 13-8 x 10-10 null 10 x 9-10 null 12-2 10-10 null 14-2 x 8-6 null 12 x16 null |
| Main level | Porch Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Dining room Living room Kitchen | 5 5-9 null x 0 null x 0 null 10-3 x 9-5 null 10-3 x 9-5 null 12 x 13 null 10 x 12-4 null 14 x 12-4 null 12 x 12-4 null |
Basic Calculator
First Mortgage: $423,200
Mortgage insurance premium: $0
Total Financing: $423,200
Rough closing fee (1.5%): ~ $7,935
Total downpayment with estimated closing fee: $113,735
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,640 | $31,680 |
| Gross rental income (income/principal ratio) | 0.499% | 5.989% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $662 | $7,944 |
| Vacancy | $132 | $1,584 |
| Management Fee | $212 | $2,535 |
| Expense / Income Ratio | 25.08% | 25.08% |
| Cash Flow | $1,635 | $19,620 |
| Net Operating Income (NOI) | $1,635 | $19,620 |
| Capitalization Rate | 0.31% | 3.71% |
