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TelephoneEmail367 Torbay Road, St John's, Newfoundland & Labrador, Canada A1A4C9

367 Torbay Road

St John's, NL, A1A4C9

location

3 Beds | 1 Bath

$350,000

367 Torbay Road St John's Newfoundland & Labrador Canada A1A4C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
367 Torbay Road St John's Newfoundland & Labrador Canada A1A4C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
367 Torbay Road St John's Newfoundland & Labrador Canada A1A4C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
367 Torbay Road St John's Newfoundland & Labrador Canada A1A4C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
367 Torbay Road St John's Newfoundland & Labrador Canada A1A4C9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1284692):

Nestled on an oversized, mature lot with the tranquil river running alongside, this charming 3-bedroom home offers peace, privacy, and plenty of space to enjoy. Surrounded by mature trees, the property provides a park-like setting in the East End. Inside, you'll find a spacious and inviting living room—ideal for relaxing or entertaining—filled with natural light and warm finishes. The eat-in kitchen offers ample room for family meals and casual gatherings, with easy access to the rest of the home. At the side, a bright sunroom overlooks the scenic yard and river, offering a quiet retreat to enjoy your morning coffee or unwind at the end of the day. With three comfortable bedrooms, there's room for the whole family, guests, or even a home office. The in-house garage adds extra convenience and storage, while the layout ensures a functional flow throughout. Home currently has tenants in place, please allow 24 hours when booking a viewing. (id:56688)

Property Details
MLS: 1284692
Listing ID: 28267859
Address: 367 Torbay Road, St John's, Newfoundland & Labrador, Canada A1A4C9
Status: Active
Last updated: 14 days ago ( May 6, 2025 )
Year Built: 1966
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: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 2,296 square feet
Price per sq ft: $153
Tax Annual Amount: $2,000
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, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.602567, -52.715673]

Rooms

Main level
Bath (# pieces 1-6)
Bedroom
Bedroom
Bedroom
Family room
Dining room
Kitchen
Living room
4 pc
12 x 8 null
11 x 10.5 null
11 x 10 null
26 x 13 null
12 x 10 null
11 x 11 null
15 x 12 null

Basic Calculator



First Mortgage: $280,000

Mortgage insurance premium: $0

Total Financing: $280,000

Rough closing fee (1.5%): ~ $5,250

Total downpayment with estimated closing fee: $75,250

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,526$30,312
Gross rental income (income/principal ratio)0.722%8.661%
Mortgage$0$0
Monthly Expenses$438$5,256
Vacancy$127$1,516
Management Fee$203$2,425
Expense / Income Ratio17.34%17.34%
Cash Flow$1,760$21,120
Net Operating Income (NOI)$1,760$21,120
Capitalization Rate0.50%6.03%
Capitalization Rate: 6.03%
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).): $500,000