About the property (MLS: 1282290):
Are you looking for a home nestled on the borders of beautiful Bowring Park, this condo townhouse offers the perfect blend of convenience and being close to all amenities . With the park's walking trails, green spaces, swimming pool, and dog park just steps away, you’ll have everything you need to enjoy a relaxed, outdoor lifestyle. The home is also well-connected to the rest of the city, with bus routes, shopping and restaurants just a short distance away. Inside, you’ll find a spacious 3-bedroom, 1-bathroom layout with plenty of room to unwind. The main floor features an open living and dining area, complemented by upgraded vinyl windows that let in plenty of natural light. The home boasts oak hardwood floors on the main level and carpeted floors upstairs with a laundry room downstairs. Enjoy your own private retreat with a rear patio overlooking the park’s gates and trails. With hot water baseboard heat, two paved parking spaces, and a very low condo fee of just $80/month covering snow clearing and lawn maintenance, this property is both practical and inviting. As per Sellers direction, all offers are to be submitted by Sunday, March 16 @ 3 PM and left open for acceptance until March 16 @ 8 PM. (id:56688)
Property Details
Listing ID: 28012110
Address: 66B Squires Avenue, St. John's, Newfoundland & Labrador, Canada A1E1G2
Status: Active
Last updated: a day ago ( Mar 15, 2025 )
Year Built: 1954
Property Type: Single Family
Ownership Type: Condominium
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Hot water radiator heat, Baseboard heaters, Radiator
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Mixed Flooring
Living Area Total: 1,500 square feet
Price per sq ft: $166
Tax Annual Amount: $1,700
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Baseboard heaters, Radiator
Flooring: Hardwood, Carpeted, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 80
Number of photos available: 15
Rurl
Coordinates: [47.524414, -52.7572]
Rooms
Basement | Other Laundry room | 23 x 14 null 6 x 10 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 Pcs null 7 x 12.4 null 9 X 11.3 null 10.10 X 12.4 null |
Main level | Kitchen Living room/Dining room | 5 X 7.2 null 24 X 13.5 null |
Basic Calculator
First Mortgage: $199,200
Mortgage insurance premium: $0
Total Financing: $199,200
Rough closing fee (1.5%): ~ $3,735
Total downpayment with estimated closing fee: $53,535
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,651 | $19,812 |
Gross rental income (income/principal ratio) | 0.663% | 7.957% |
Mortgage | $0 | $0 |
Monthly Expenses | $312 | $3,744 |
Vacancy | $83 | $991 |
Management Fee | $133 | $1,585 |
Expense / Income Ratio | 18.90% | 18.90% |
Cash Flow | $1,125 | $13,500 |
Net Operating Income (NOI) | $1,125 | $13,500 |
Capitalization Rate | 0.45% | 5.42% |