About the property (MLS: 1282291):
Located in a highly coveted west end location, this uber charming, well built home has undergone significant improvements during the last 5 years! Careful attention to detail and material selection with recent renovation work to maintain the character and style of its build. The bright and spacious main floor, with original hardwood floors, moldings and doors, features an oversized living room with large picture window and cozy wood burning insert, adjoining to the recently updated kitchen. The kitchen has stainless steel appliances, butcher block counter tops and subway tile backsplash. Large dining area just off the kitchen, primary bedroom, 4-piece renovated bathroom with retained cast iron tub, and laundry in the rear mudroom, providing access to the back yard. The fully renovated upper level incorporates the charming roofline and is configured with centralized landing, perfect for office area, entertainment centre, or reading nook, two bedrooms (one currently with no door and window does not meet egress), and added 3-piece bathroom. Upper level lends itself for easy conversion for an in-law suite or someone looking for a private space. Basement houses the in-house garage and has tons of storage space and offers great ceiling height for future development if desired, the ideal space for rec room, craft room, home gym, etc. Situated on a mature, tree lined, oversized lot with landscaped gardens. This home is finished with all the extras including energy efficient, fully ducted heat pump + mini split, WETT certified wood burning insert, PEX plumbing, low maintenance vinyl windows and siding, in-house garage and fenced rear yard. Detailed list of renovation work available upon request. A must see! Offers to be submitted by Tuesday, March 11 @ 10AM and left open for acceptance until March 11 @3PM (id:56688)
Property Details
Listing ID: 27990439
Address: 59 Cornwall Crescent, St. John's, Newfoundland & Labrador, Canada A1E1Z7
Status: Active
Last updated: 13 days ago ( Mar 11, 2025 )
Year Built: 1950
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1.5
Number of Levels: 1.5
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Heat Pump, Electric, Wood
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 2,286 square feet
Price per sq ft: $162
Tax Annual Amount: $1,955
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump, Electric, Wood
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.544983, -52.73243]
Rooms
Basement | Storage Storage Not known | 18.6x12.10 null 20.9x13.4 null 12.10x19.5 null |
Second level | Bedroom Bath (# pieces 1-6) Primary Bedroom | 11.3x11.3 null 7.8x4.3 3pc 13.11x16.7 null |
Main level | Not known Bath (# pieces 1-6) Bedroom Living room Kitchen Dining room Porch | 4.0x5.0 null 8.0x9.6 4pc 12.7x14.1 null 18.5x12.2 null 13.8x12.2 null 11.1x7.8 null 4.11x4.8 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,515 | $30,180 |
Gross rental income (income/principal ratio) | 0.680% | 8.159% |
Mortgage | $0 | $0 |
Monthly Expenses | $463 | $5,556 |
Vacancy | $126 | $1,509 |
Management Fee | $202 | $2,415 |
Expense / Income Ratio | 18.41% | 18.41% |
Cash Flow | $1,726 | $20,712 |
Net Operating Income (NOI) | $1,726 | $20,712 |
Capitalization Rate | 0.47% | 5.60% |