369 Torbay Road
St. John's, NL, A1A3R3
3 Beds | 1 Bath
$325,000
About the property (MLS: 1284426):
Charming East End Bungalow on Oversized, Mature Lot Located in a prime east end location, this move-in ready bungalow offers the perfect blend of comfort, style, and convenience. Sitting on an oversized, mature lot, this property features plenty of outdoor space and endless potential. Inside, the home has been thoughtfully updated with a brand-new kitchen with stylish finishes, and new stainless steel appliances. The main floor is warm and inviting, with hardwood floors throughout the living and bedroom areas. With three large bedrooms, this home offers ample space for families, downsizers, or anyone looking for single-level living. The layout is functional and filled with natural light, creating a bright and airy atmosphere throughout. Upgrades include PEX plumbing for added peace of mind. Outside, the large, private backyard is ideal for relaxing, entertaining, or gardening, surrounded by mature trees and set on one of the most spacious lots in the neighborhood. There’s also plenty of parking and room to add a garage if desired. Just minutes from shopping, schools, parks, and all amenities. (id:56688)
Property Details
Listing ID: 28239635
Address: 369 Torbay Road, St. John's, Newfoundland & Labrador, Canada A1A3R3
Status: Active
Last updated: 19 days ago ( May 1, 2025 )
Year Built: 1956
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 2,100 square feet
Price per sq ft: $155
Tax Annual Amount: $1,948
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Oil
Flooring: Hardwood, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.603145, -52.717223]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Living room Kitchen | 4 pc 12 x 12 null 13 x 12 null 14 x 12 null 17 x 12 null 12 x 7 null |
Basic Calculator
First Mortgage: $260,000
Mortgage insurance premium: $0
Total Financing: $260,000
Rough closing fee (1.5%): ~ $4,875
Total downpayment with estimated closing fee: $69,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,310 | $27,720 |
| Gross rental income (income/principal ratio) | 0.711% | 8.529% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $116 | $1,386 |
| Management Fee | $185 | $2,218 |
| Expense / Income Ratio | 17.62% | 17.62% |
| Cash Flow | $1,603 | $19,236 |
| Net Operating Income (NOI) | $1,603 | $19,236 |
| Capitalization Rate | 0.49% | 5.92% |
