62 Edison Place
St. John's, NL, A1E6H9
3 Beds | 2 Baths
$299,900
About the property (MLS: 1282425):
This fully developed home is perfect for first-time buyers, young professionals, or couples looking for a comfortable and low-maintenance space. Featuring hardwood and laminate flooring, the main floor offers a spacious living room ideal for entertaining and a bright eat-in kitchen with direct access to a deck overlooking the beautiful Waterford Valley. Upstairs, the primary bedroom is generously sized to accommodate all your furnishings, while two additional bedrooms provide flexibility for a home office, guest space, or kids' rooms. The fully finished lower level includes an oversized family room, a modern three-piece bathroom, and large windows that fill the space with natural light, along with a convenient walkout, making it perfect for a home gym, media room, or recreational area. Located just steps from scenic walking trails and minutes from Bowring Park, downtown, shopping, and restaurants, this home combines comfort, functionality, and an unbeatable location—book your showing today! No conveyance of offers prior to 6pm on March 18, 2025. All offers to be left open until 11pm March 18, 2025. (id:56688)
Property Details
Listing ID: 28020157
Address: 62 Edison Place, St. John's, Newfoundland & Labrador, Canada A1E6H9
Status: Active
Last updated: 10 days ago ( Mar 13, 2025 )
Year Built: 2004
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Fencing: Fence
Living Area Total: 1,686 square feet
Price per sq ft: $178
Tax Annual Amount: $2,106
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.521982, -52.767604]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Recreation room | 10.6x8.5 null B3 null 25.7x10.6 null |
| Second level | Primary Bedroom Bedroom Bedroom Bath (# pieces 1-6) | 15.5x9.5 null 12x8.7 null 8.6x8.4 null B4 null |
| Main level | Not known Living room Porch | 19x12 null 14.5x11 null 5x5.5 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,855 | $22,260 |
| Gross rental income (income/principal ratio) | 0.619% | 7.422% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $93 | $1,113 |
| Management Fee | $149 | $1,781 |
| Expense / Income Ratio | 20.22% | 20.22% |
| Cash Flow | $1,239 | $14,868 |
| Net Operating Income (NOI) | $1,239 | $14,868 |
| Capitalization Rate | 0.41% | 4.96% |
