About the property (MLS: 1282477):
Welcome to 10 Selfridge Road Unit #203. Nestled just on the border of Quidi Vidi and Torbay Road, this pet friendly condo is just a 5 minute drive from Downtown St. John's and all major amenities. Within walking distance to Quidi Vidi Lake, grocery stores, and major bus routes, this is the perfect opportunity for down-sizers or first time home buyers to take advantage of a highly sought after central location, with an affordable monthly mortgage. The entire unit has been freshly painted and move-in ready, the furniture can be included if desired by the purchaser. Whether you are looking for your first home, to downsize, or find a more manageable property for your aging parents, this second level condo is easily accessible over just one small flight of stairs. Take the opportunity now to secure this investment as the former Bally Hally Golf Course prepares for future luxury development. Monthly heat and light expenses are low (summary is attached). Condo Fees include: snow clearing, garbage removal, and laundry so you never have to worry about major maintenance. The seller hereby directs the listing brokerage there will NO conveyance of any signed written offers prior to 4pm on the 18th day of March. The seller hereby directs all offers are to remain open for acceptance until 8pm on the 18th day of March. (id:56688)
Property Details
Listing ID: 28017786
Address: 10 Selfridge Road Unit#203, St. John's, Newfoundland & Labrador, Canada A1A1S7
Status: Active
Last updated: 10 days ago ( Mar 13, 2025 )
Year Built: 1975
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 664 square feet
Price per sq ft: $286
Tax Annual Amount: $2,104
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave, Oven - Built-In
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 350
Number of photos available: 12
Rurl
Coordinates: [47.584706, -52.700309]
Rooms
Main level | Primary Bedroom Bedroom Dining room Kitchen Family room | 13'0"" x 9'0"" null 13'0"" x 8'3"" null 6'11"" x 9'0"" null 6'7"" x 8'0"" null 12'9"" x 12'7"" null |
Basic Calculator
First Mortgage: $151,920
Mortgage insurance premium: $0
Total Financing: $151,920
Rough closing fee (1.5%): ~ $2,849
Total downpayment with estimated closing fee: $40,829
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $731 | $8,772 |
Gross rental income (income/principal ratio) | 0.385% | 4.619% |
Mortgage | $0 | $0 |
Monthly Expenses | $238 | $2,856 |
Vacancy | $37 | $439 |
Management Fee | $59 | $702 |
Expense / Income Ratio | 32.56% | 32.56% |
Cash Flow | $398 | $4,776 |
Net Operating Income (NOI) | $398 | $4,776 |
Capitalization Rate | 0.21% | 2.52% |