67 Power Street
St. John's, NL, A1E3Y6
3 Beds | 3 Baths
$499,000
About the property (MLS: 1283748):
This property has seen extensive improvements over recent years. Some of these include a full three floor addition at the rear of the house with 240 squae feet being added to each floor in 2016. Electrical was upgraded to 200 amp with an additional pony panel. Pex plumbing throughout. A new propane fireplace and a fabulous bath ensuite were added to the master bedroom. The walls attached to the adjacent house have sonapan sound proofing added with fire resistent drywall as well. In 2016 the basement was dug down to allow 8 foot ceilings and the entire basement floor had new concrete poured. The comfort level was improved with a new enclosed hot tub in 2023. While the renovations were being completed, new water and sewage lines were included throughout the house. Plumbing was upgraded to pex plumbing. A great surprise is that it is a very rare downtown property in that it has off street parking for two cars. Book your viewing appointment, you won't be disappointed. (id:56688)
Property Details
Listing ID: 28168348
Address: 67 Power Street, St. John's, Newfoundland & Labrador, Canada A1E3Y6
Status: Active
Last updated: 9 days ago ( Apr 16, 2025 )
Year Built: 2016
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Hot water radiator heat, Oil, Propane
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,166 square feet
Price per sq ft: $231
Tax Annual Amount: $2,700
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Oil, Propane
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.555065, -52.719979]
Rooms
| Basement | Bath (# pieces 1-6) Recreation room Laundry room Bedroom | 2 pc 12x9 null 26x8 null 17.4x11 null |
| Second level | Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom | 4 pc 11x7.8 null 22.7x15 null 12x9.7 null |
| Main level | Living room Dining room Kitchen Family room | 12x11.7 null 14x8.8 null 14.8x10.2 null 14.6x11.2 null |
Basic Calculator
First Mortgage: $399,200
Mortgage insurance premium: $0
Total Financing: $399,200
Rough closing fee (1.5%): ~ $7,485
Total downpayment with estimated closing fee: $107,285
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,383 | $28,596 |
| Gross rental income (income/principal ratio) | 0.478% | 5.731% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $624 | $7,488 |
| Vacancy | $120 | $1,430 |
| Management Fee | $191 | $2,288 |
| Expense / Income Ratio | 26.19% | 26.19% |
| Cash Flow | $1,450 | $17,400 |
| Net Operating Income (NOI) | $1,450 | $17,400 |
| Capitalization Rate | 0.29% | 3.49% |
