82 Doyles Road
St. John's, NL, A1S1A1
4 Beds | 2 Baths
$299,000
About the property (MLS: 1284671):
**Start your homeownership journey here!** This well-maintained home offers a unique opportunity for first-time buyers looking to offset their mortgage with rental income. Currently set up as two separate living spaces, the main floor features 3 bedrooms plus a spacious rec room that's being used as a 4th bedroom. The basement houses a bright and tidy 1-bedroom in-law suite — perfect for extended family or rental potential. With tenants in place on a month-to-month basis (paying $1600 upstairs and $700 downstairs, utilities included), this property can start working for you right away. There's only one meter for the house, and with government programs available, there's potential to make this a registered 2-unit dwelling. Conveniently located near schools, shopping, and highway access, this is a smart investment and a great place to call home. Sellers directive - no offers will be presented prior to 12 noon on May 12th. Please leave offers open until May 12th at 5pm. Please allow a minimum of 24 hours notice for viewings. (id:56688)
Property Details
Listing ID: 28265209
Address: 82 Doyles Road, St. John's, Newfoundland & Labrador, Canada A1S1A1
Status: Active
Last updated: 14 days ago ( May 6, 2025 )
Year Built: 1993
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,040 square feet
Price per sq ft: $147
Tax Annual Amount: $2,021
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.461478, -52.781181]
Rooms
| Lower level | Not known Living room Bedroom Recreation room | 16.9x10.8 null 10.7x12.2 null 10.6x12.2 null 17.9x10.5 null |
| Main level | Bedroom Bedroom Primary Bedroom Living room Not known | 7.6x11.4 null 10.3x9.5 null 10.10x11.7 null 14x11 null 17.1x11.2 null |
Basic Calculator
First Mortgage: $239,200
Mortgage insurance premium: $0
Total Financing: $239,200
Rough closing fee (1.5%): ~ $4,485
Total downpayment with estimated closing fee: $64,285
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,244 | $26,928 |
| Gross rental income (income/principal ratio) | 0.751% | 9.006% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $374 | $4,488 |
| Vacancy | $113 | $1,347 |
| Management Fee | $180 | $2,155 |
| Expense / Income Ratio | 16.67% | 16.67% |
| Cash Flow | $1,579 | $18,948 |
| Net Operating Income (NOI) | $1,579 | $18,948 |
| Capitalization Rate | 0.53% | 6.34% |
