About the property (MLS: 1283424):
Four bedroom grade entrance bungalow in the beautiful Estates at Clovelly. Large open main floor plan with an inviting kitchen and a dining room. Two full bathrooms plus a full bathroom on the lower level. Single car garage. Purchase price includes the HST. Another quality home by York Homes Limited. (id:56688)
Property Details
MLS: 1283424
Listing ID: 28135186
Address: 49 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: a month ago ( Apr 8, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,353 square feet
Price per sq ft: $289
Tax Annual Amount: $6,179
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.619015, -52.701389]
Listing ID: 28135186
Address: 49 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: a month ago ( Apr 8, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,353 square feet
Price per sq ft: $289
Tax Annual Amount: $6,179
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.619015, -52.701389]
Rooms
Lower level | Laundry room Bedroom Bath (# pieces 1-6) Family room/Fireplace | 3.5 x 5 null 10.67 x 12.3 null 3 Pce null 18.33 x 25.5 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Dining room Kitchen Living room | 4 Pce null 9.65 x 10.85 null 10.5 x 10.55 null 4 Pce null 13 x 15 null 10 x 12 null 11 x 11 null 11 x 14 null |
Basic Calculator
First Mortgage: $543,200
Mortgage insurance premium: $0
Total Financing: $543,200
Rough closing fee (1.5%): ~ $10,185
Total downpayment with estimated closing fee: $145,985
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,589 | $31,068 |
Gross rental income (income/principal ratio) | 0.381% | 4.576% |
Mortgage | $0 | $0 |
Monthly Expenses | $849 | $10,188 |
Vacancy | $130 | $1,554 |
Management Fee | $208 | $2,486 |
Expense / Income Ratio | 32.79% | 32.79% |
Cash Flow | $1,404 | $16,848 |
Net Operating Income (NOI) | $1,404 | $16,848 |
Capitalization Rate | 0.21% | 2.48% |
Capitalization Rate: 2.48%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $970,000