7 Tiffany Lane Unit#105
St. John's, NL, A1A4B7
2 Beds | 2 Baths
$289,000
About the property (MLS: 1284317):
Downsizing? Looking for the convenience of maintenance free living? If so, this ground level 2 bedroom, 2 bath condo in a sought after east end complex might be just what you need. This unit offers accessibility, a spacious and well lit living and dining area, large bedrooms, two full bath, a spacious kitchen with ample cupboard and counter space, and a large laundry/storage room. The unit faces south and offers plenty of natural light to create a bright and cheery atmosphere. The complex also has separate secure storage assigned to each unit and one assigned parking space. Note: HOA regulations require supply plumbing be upgraded to PEX prior to new owner occupancy. (id:56688)
Property Details
Listing ID: 28251422
Address: 7 Tiffany Lane Unit#105, St. John's, Newfoundland & Labrador, Canada A1A4B7
Status: Active
Last updated: 7 days ago ( May 13, 2025 )
Year Built: 1982
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 1,140 square feet
Price per sq ft: $254
Tax Annual Amount: $2,029
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Brick
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 426
Number of photos available: 18
Rurl
Coordinates: [47.586753, -52.711619]
Rooms
| Main level | Foyer Laundry room Bath (# pieces 1-6) Ensuite Bedroom Primary Bedroom Kitchen Living room/Dining room | 8 x 6 null 6.6 x 7.2 null 8.7 x 5.6 null 7.10 x 7.08 null 14.02 x 10.02 null 16.3 x 11.1 null 8.9 x 11.02 null 16.10 x 19.02 null |
Basic Calculator
First Mortgage: $231,200
Mortgage insurance premium: $0
Total Financing: $231,200
Rough closing fee (1.5%): ~ $4,335
Total downpayment with estimated closing fee: $62,135
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,254 | $15,048 |
| Gross rental income (income/principal ratio) | 0.434% | 5.207% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $362 | $4,344 |
| Vacancy | $63 | $753 |
| Management Fee | $101 | $1,204 |
| Expense / Income Ratio | 28.87% | 28.87% |
| Cash Flow | $729 | $8,748 |
| Net Operating Income (NOI) | $729 | $8,748 |
| Capitalization Rate | 0.25% | 3.03% |
