About the property (MLS: 1284603):
This very well maintained home makes 100% economical sense. With 5% down your mortgage could be as low as $467/ biweekly (OAC). Giving you the perfect sun exposure pretty much all day with a stunning view of Waterford Valley from your personal deck. This home features all appliances (stainless steel) , stone electric fireplace in the living room, hardwood and ceramic floors, custom kitchen with backsplash, and your own personal laundry and there are no adjoining walls to other units so very quiet. Reserved off street parking for one vehicle, four parking spaces allotted for visitors and additional on-street parking available in the lane off 18th Street. This building was brought back to the studs in 2014, extensively upgraded, and converted into an 8 unit condo homes. Condo fees includes all maintenance, building insurance, garbage collection, seasonal storage and snow clearing. Quick access to downtown and uptown and all amenities you need. (id:56688)
Property Details
Listing ID: 28259412
Address: 239 Craigmillar Avenue Unit#202, St. John's, Newfoundland & Labrador, Canada A1E2A2
Status: Active
Last updated: 7 days ago ( May 14, 2025 )
Year Built: 1976
Property Type: Single Family
Ownership Type: Condominium
View: View
Beds: 1
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Lot Size Area: 7029
Living Area Total: 640 square feet
Price per sq ft: $285
Tax Annual Amount: $1,627
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: Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 232
Number of photos available: 28
Rurl
Coordinates: [47.541804, -52.73528]
Rooms
Main level | Laundry room Bath (# pieces 1-6) Primary Bedroom Living room Kitchen Foyer | 4*5 null 7.4*5.2 null 10.11*11.3 null 16.9*12 null 10.1*11.3 null 12.8*5.2 null |
Basic Calculator
First Mortgage: $145,600
Mortgage insurance premium: $0
Total Financing: $145,600
Rough closing fee (1.5%): ~ $2,730
Total downpayment with estimated closing fee: $39,130
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $704 | $8,448 |
Gross rental income (income/principal ratio) | 0.387% | 4.642% |
Mortgage | $0 | $0 |
Monthly Expenses | $228 | $2,736 |
Vacancy | $36 | $423 |
Management Fee | $57 | $676 |
Expense / Income Ratio | 32.39% | 32.39% |
Cash Flow | $385 | $4,620 |
Net Operating Income (NOI) | $385 | $4,620 |
Capitalization Rate | 0.21% | 2.54% |