About the property (MLS: 1282403):
Located in trendy Georgestown, this well-maintained, fully detached home, with 2-car driveway, presents a unique opportunity. With modern conveniences while still retaining the original characteristics of its build, it features 10-ft ceilings on the main level, outstanding staircase, original moldings and mill work and 4 fireplaces (living room fireplace lined by George Morgan-2020). The impressive main floor has an enclosed front porch, opening to a stunning foyer, highlighted by its original staircase. Adjoining living room and dining room, separated by large pocket doors, perfect for entertaining. The kitchen, with bay window, leads directly to the side patio, and has tons of cabinetry, and recently replaced stainless steel stove and fridge. Convenient powder room just off the front porch. The upper level features two well-proportioned bedrooms, both with fireplaces, smaller third bedroom (currently utilized as an office), and updated main 4-piece bathroom with classic claw foot tub and separate shower. The basement offers great dry storage, laundry and an area suitable for home gym or workshop. This well cared for home has seen many recent improvements by current owners including conversion to an electric furnace, 2 mini splits for affordable and comfortable heating and cooling, lined living room fireplace (2020), exterior freshly painted (2024), and some interior painting. This extremely bright home is finished in a calming neutral color palette and sure to impress. Don’t miss out! *All offers to be submitted by Sunday, March 16 @ 12pm (noon) and left open for acceptance until Sunday, March 16 @ 5pm. *Public open house, Saturday March 15 (2-4pm) (id:56688)
Property Details
Listing ID: 28009212
Address: 42 Hayward Avenue, St. John's, Newfoundland & Labrador, Canada A1C3W5
Status: Active
Last updated: 8 days ago ( Mar 15, 2025 )
Year Built: 1900
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Hot water radiator heat, Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,871 square feet
Price per sq ft: $228
Tax Annual Amount: $2,971
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: Hot water radiator heat, Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 39
Rurl
Coordinates: [47.569518, -52.712515]
Rooms
Basement | Storage Storage Storage Storage Laundry room | 5.8x7.0 null 11.1x10.5 null 7.3x4.10 null 10.6x11.0 null 24.9x11.9 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 10.4x7.7 4pc 10.4x7.2 null 4.6x11.7 null 14.6x15.7 null |
Main level | Kitchen Dining room Living room Bath (# pieces 1-6) Porch | 12.3x12.7 null 14.5x11.2 null 14.5x15.6 null 3.7x4.3 2pc 6.7x4.3 null |
Basic Calculator
First Mortgage: $339,920
Mortgage insurance premium: $0
Total Financing: $339,920
Rough closing fee (1.5%): ~ $6,374
Total downpayment with estimated closing fee: $91,354
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,059 | $24,708 |
Gross rental income (income/principal ratio) | 0.485% | 5.815% |
Mortgage | $0 | $0 |
Monthly Expenses | $532 | $6,384 |
Vacancy | $103 | $1,236 |
Management Fee | $165 | $1,977 |
Expense / Income Ratio | 25.84% | 25.84% |
Cash Flow | $1,260 | $15,120 |
Net Operating Income (NOI) | $1,260 | $15,120 |
Capitalization Rate | 0.30% | 3.56% |