About the property (MLS: 1284726):
Incredible harbour views from this charming 2-storey home, located on a quiet side street in the heart of the downtown core! This uber cool, on trend home has seen considerable improvements and updates in recent years and has affordable energy costs (EPP - $201/month). The open concept main floor, with high ceilings and hardwood floors, features a timeless white kitchen with solid surface counter tops, custom tile backsplash and stainless steel appliances, and provides access to the private covered patio. The dining area opens to the bright and spacious living area with propane fireplace. The updated staircase leads to two well proportioned bedrooms and main bathroom with custom tilework. Stunning harbour views from the primary bedroom as well as the top level patio. The walkout lower basement has laundry and plenty of storage. A quiet lane at the rear allows for easy basement access. This move in ready home has undergone significant improvements/renovations, including; Insulation (2024), paint and wallpaper throughout (2023), kitchen upgrade (2022), some new exterior doors (2022), new flooring and stairs (2022), concrete floor in basement (2021), exterior repaint (2021), deck (2018), roof (2017). Great opportunity to live in a quiet area, within walking distance to cafes, restaurants, entertainment, and world class hiking in the downtown core. This home would also be ideal as an executive rental OR Air B&B. Don't miss out, a must see! Offers to be submitted Tuesday, May 13 at 5pm and left open until 10pm (id:56688)
Property Details
Listing ID: 28274835
Address: 5 Prospect Street, St. John's, Newfoundland & Labrador, Canada A1C1L3
Status: Active
Last updated: 10 days ago ( May 10, 2025 )
Year Built: 1920
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,410 square feet
Price per sq ft: $249
Tax Annual Amount: $2,004
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Propane
Flooring: Hardwood, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.568067, -52.704227]
Rooms
Basement | Storage | 19'10""X23'9"" null |
Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom | 7'7""X7'1"" 4pc 13'4""X11'5"" null 13'4""X11'7"" null |
Main level | Kitchen Living room/Dining room | 19'10""X12'3"" null 19'10""X11'1"" null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,552 | $18,624 |
Gross rental income (income/principal ratio) | 0.444% | 5.323% |
Mortgage | $0 | $0 |
Monthly Expenses | $438 | $5,256 |
Vacancy | $78 | $932 |
Management Fee | $125 | $1,490 |
Expense / Income Ratio | 28.22% | 28.22% |
Cash Flow | $913 | $10,956 |
Net Operating Income (NOI) | $913 | $10,956 |
Capitalization Rate | 0.26% | 3.13% |