8 GRENFELL Avenue
ST. JOHN'S, NL, A1C3C9
5 Beds | 2 Baths
$369,900
About the property (MLS: 1284348):
Situated on a large lot in a cul-de sac, partially fenced, level lot, in the center of the city, close to all amenities and walking distance to MUN is this well maintained registered two (2)apartment home. Main floor has Open concept living room, dining room, kitchen, with hardwood floors throughout, pot lights galore, headers & crown moldings. Kitchen has peninsula with raised breakfast bar, patio door leading to 14x14 back deck. Furnace for main is approx. 10 years old. All vinyl windows. Walk out above ground basement apartment with recently upgraded kitchen, new flooring and pedestal sink in bathroom. Roof was re-shingled July 05, 2022. This is a great family home or investment property. Both units are tenant occupied with great income All measurements are approx. As per the "Seller's direction", there will be no conveyance of any written signed offer prior to 4pm on the 04th day of May, 2025. The seller further directs that all offers are to remain open for acceptance until 9pm on the 04th day of May, 2025. (id:56688)
Property Details
Listing ID: 28234739
Address: 8 GRENFELL Avenue, ST. JOHN'S, Newfoundland & Labrador, Canada A1C3C9
Status: Active
Last updated: 12 days ago ( May 1, 2025 )
Year Built: 1966
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 2,386 square feet
Price per sq ft: $156
Tax Annual Amount: $2,867
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.562171, -52.729796]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | 4PCS null 13X8 null 12X12 null 14X13 null 13X10.5 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Dining room Living room Kitchen | 4PCS null 11.3X8.6 null 11.4X11 null 11X11 null 13X10 null 16X13 null 13X13 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,625 | $31,500 |
| Gross rental income (income/principal ratio) | 0.710% | 8.516% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $132 | $1,575 |
| Management Fee | $210 | $2,520 |
| Expense / Income Ratio | 17.64% | 17.64% |
| Cash Flow | $1,821 | $21,852 |
| Net Operating Income (NOI) | $1,821 | $21,852 |
| Capitalization Rate | 0.49% | 5.91% |
