29 Gallipoli Street
St. John's, NL, A1A0S3
3 Beds | 3 Baths
$684,600
About the property (MLS: 1283678):
Another quality-built home by Horizon Homes Limited. Two + one bedroom bungalow under construction in the beautiful Estates at Clovelly. Features a large open main floor plan with living room with propane fireplace, kitchen and dining room. 9' main floor ceiling. Basement is developed with a family room, a third bedroom, a full bathroom plus additional space for future development. HST included in purchase price when purchased as a principal residence. (id:56688)
Property Details
MLS: 1283678
Listing ID: 28164366
Address: 29 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: a month ago ( Apr 14, 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: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,880 square feet
Price per sq ft: $238
Tax Annual Amount: $6,230
Tax Year: 2025
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: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.617733, -52.70177]
Listing ID: 28164366
Address: 29 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: a month ago ( Apr 14, 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: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,880 square feet
Price per sq ft: $238
Tax Annual Amount: $6,230
Tax Year: 2025
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: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.617733, -52.70177]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Family room | 4 Pce null 12.5 x 13.45 null 17.25 x 26 null |
| Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Laundry room Not known Kitchen Dining room Living room/Fireplace | 4 Pce null 12x 12.5 null 3 Pce null 12.45 x 12.85 null 5.65 x 6.25 null 5.65 x 6.6 null 13.6 x 13.75 null 9.1 x 13.6 null 12.6 x 16.95 null |
Basic Calculator
First Mortgage: $547,680
Mortgage insurance premium: $0
Total Financing: $547,680
Rough closing fee (1.5%): ~ $10,269
Total downpayment with estimated closing fee: $147,189
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,169 | $38,028 |
| Gross rental income (income/principal ratio) | 0.463% | 5.555% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $856 | $10,272 |
| Vacancy | $159 | $1,902 |
| Management Fee | $254 | $3,043 |
| Expense / Income Ratio | 27.01% | 27.01% |
| Cash Flow | $1,902 | $22,824 |
| Net Operating Income (NOI) | $1,902 | $22,824 |
| Capitalization Rate | 0.28% | 3.33% |
Capitalization Rate: 3.33%
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).): $978,000
