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TelephoneEmail120 Bennett Avenue Unit#5, St. John's, Newfoundland & Labrador, Canada A1E2Y8

120 Bennett Avenue Unit#5

St. John's, NL, A1E2Y8

location

2 Beds | 1 Bath

$285,000

120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
120 Bennett Avenue Unit#5 St. John's Newfoundland & Labrador Canada A1E2Y8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1284600):

Welcome to Beaumont Gardens. This very beautiful & modern 2-bedroom, 1-bath main-level town-home condominium was only built 3 years ago. Very bright inviting this condo town-home is a perfect fit for 1st home buyers, young professionals, or someone looking to downsize. The open-concept layout allows lots of sunlight in to flood the living areas creating a very welcoming atmosphere. The kitchen has modern cabinetry, lots counter space, and quality appliances. This unit has its own designated parking space and access to a shared basement with individual lockable storage cages, perfect for keeping seasonal items larger personal items. Condo fee of $288 per month covers essential services: Shared basement heat & light, snow clearing, building insurance (individual unit insurance separate), lawn care, minor repairs & property management. Centrally located with easy access to downtown St. John’s, Memorial University, and Kenmount Road; and all are within walking distance. If you're looking for a move-in-ready condo that offers affordability, convenience, and modern living in a prime location this is the perfect home for you. Do not miss your chance to own this fantastic property! (id:56688)

Property Details
MLS: 1284600
Listing ID: 28259832
Address: 120 Bennett Avenue Unit#5, St. John's, Newfoundland & Labrador, Canada A1E2Y8
Status: Active
Last updated: 8 days ago ( May 5, 2025 )
Year Built: 2022
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 900 square feet
Price per sq ft: $317
Tax Annual Amount: $2,289
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 288
Number of photos available: 13
Rurl
Coordinates: [47.552991, -52.727433]

Rooms

Basement
Storage
21'x20' null
Main level
Laundry room
Bath (# pieces 1-6)
Bedroom
Primary Bedroom
Living room
Dining room
Kitchen
5'x9' null
8'x9' null
10'6""x8'6"" null
12'x12' null
13'x11'2"" null
11'4""x8'5"" null
12'2""x10'9"" null

Basic Calculator



First Mortgage: $228,000

Mortgage insurance premium: $0

Total Financing: $228,000

Rough closing fee (1.5%): ~ $4,275

Total downpayment with estimated closing fee: $61,275

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$991$11,892
Gross rental income (income/principal ratio)0.348%4.173%
Mortgage$0$0
Monthly Expenses$357$4,284
Vacancy$50$595
Management Fee$80$952
Expense / Income Ratio36.02%36.02%
Cash Flow$506$6,072
Net Operating Income (NOI)$506$6,072
Capitalization Rate0.18%2.13%
Capitalization Rate: 2.13%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $407,143