32 St. Laurent Street
St. John's, NL, A1A2V2
4 Beds | 3 Baths
$379,900
About the property (MLS: 1284261):
Welcome to 32 St. Laurent Street — a well-maintained 2-apartment home situated on a beautifully landscaped lot with mature trees in a convenient, family-friendly neighbourhood. This property offers great curb appeal, featuring two separate driveways, a fully fenced rear yard, a storage shed, and a spacious back patio perfect for outdoor entertaining. The main unit is bright and inviting, showcasing hardwood floors throughout much of the space. It offers a eat-in kitchen, separate dining room, main floor laundry, two full bathrooms, and a generous rec room complete with a cozy wood stove — ideal for relaxing evenings. The basement apartment has its own private entrance and is equally well cared for. It features a comfortable living room, a spacious eat-in kitchen, a full bathroom, one bedroom, and its own laundry room, as well as an entry porch — an excellent option for additional income or extended family. Additional highlights include all vinyl windows and the property's prime location close to shopping, schools, recreation facilities, and more. Pride of ownership is evident throughout — a fantastic opportunity for those seeking a home with rental income potential ! Don't miss your chance to view this move-in ready property. Sellers Direction in place with offers to commence on the evening of May 1. (id:56688)
Property Details
Listing ID: 28227846
Address: 32 St. Laurent Street, St. John's, Newfoundland & Labrador, Canada A1A2V2
Status: Active
Last updated: 22 days ago ( Apr 29, 2025 )
Year Built: 1972
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Wood
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 2,543 square feet
Price per sq ft: $150
Tax Annual Amount: $2,657
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Wood
Flooring: Hardwood, Laminate, Mixed Flooring
Fireplace Features: Wood, Woodstove
Exterior Features: Brick, Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.594697, -52.707478]
Rooms
| Lower level | Laundry room Bedroom Kitchen Living room Den Recreation room | 9 x 10.05 null 10.05 x 9 null 10.1 x 11.07 null 12.1 x 8.10 null 9.9 x 11.01 null 13.02 x 12.01 null |
| Main level | Bedroom Bedroom Bedroom Laundry room Kitchen Dining room Living room | 10.09 x 9.02 null 9.02 x 9.06 null 10.02 x 12.01 null 7.06 x 7.10 null 12.01 x 12.11 null 10.11 x 9.07 null 14.08 x 13.1 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,798 | $33,576 |
| Gross rental income (income/principal ratio) | 0.737% | 8.838% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $140 | $1,679 |
| Management Fee | $224 | $2,687 |
| Expense / Income Ratio | 16.98% | 16.98% |
| Cash Flow | $1,960 | $23,520 |
| Net Operating Income (NOI) | $1,960 | $23,520 |
| Capitalization Rate | 0.52% | 6.19% |
