About the property (MLS: 1283633):
Set in the heart of The Battery—St. John’s most iconic and picturesque neighborhood. With unobstructed views of The Narrows, this is your chance to own a piece of Newfoundland heritage. This 2-bedroom, 1-bathroom home is livable as-is. But if you're dreaming bigger, it’s a chance to reimagine and rebuild within the existing footprint. Highlights: - Million dollar views - Steps to historic trails, Quidi Vidi & downtown - Ideal for a personal retreat, Airbnb, or custom rebuild Opportunities like this don’t come around often! (id:56688)
Property Details
MLS: 1283633
Listing ID: 28194529
Address: 70 Battery Road, St. John's, Newfoundland & Labrador, Canada A1A1A4
Status: Active
Last updated: 22 days ago ( Apr 22, 2025 )
Year Built: 1900
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view, View
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Lot Size Area: 1416
Living Area Total: 820 square feet
Price per sq ft: $357
Tax Annual Amount: $1,318
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.569956, -52.691646]
Listing ID: 28194529
Address: 70 Battery Road, St. John's, Newfoundland & Labrador, Canada A1A1A4
Status: Active
Last updated: 22 days ago ( Apr 22, 2025 )
Year Built: 1900
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view, View
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Lot Size Area: 1416
Living Area Total: 820 square feet
Price per sq ft: $357
Tax Annual Amount: $1,318
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.569956, -52.691646]
Rooms
Second level | Bath (# pieces 1-6) Bedroom Bedroom | 5.3 X 7.18 null 8.17 x 16.41 null 12.85 x 10.14 null |
Main level | Kitchen Living room | 12.19 x 11.69 null 11.70 x 13.65 null |
Basic Calculator
First Mortgage: $234,000
Mortgage insurance premium: $0
Total Financing: $234,000
Rough closing fee (1.5%): ~ $4,388
Total downpayment with estimated closing fee: $62,888
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $903 | $10,836 |
Gross rental income (income/principal ratio) | 0.309% | 3.705% |
Mortgage | $0 | $0 |
Monthly Expenses | $366 | $4,392 |
Vacancy | $46 | $542 |
Management Fee | $73 | $867 |
Expense / Income Ratio | 40.53% | 40.53% |
Cash Flow | $420 | $5,040 |
Net Operating Income (NOI) | $420 | $5,040 |
Capitalization Rate | 0.14% | 1.72% |
Capitalization Rate: 1.72%
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).): $417,858