About the property (MLS: 1284463):
There’s something special about 1 Sumac Street. Maybe it’s the oversized corner lot in Southlands, or how it sits just a short walk from the community centre and the playground. Maybe it’s the way the pride of ownership is obvious the second you pull into the driveway. Whatever it is, this home doesn’t just check boxes — it feels right. You’re greeted by a spacious porch that keeps the mess and cold out and gives you direct access to the attached garage. From there, the heart of the home opens up — a bright, open-concept living space where the kitchen, dining, and family room flow effortlessly. The sit-up island invites conversation, the white cabinets gleam, and the stainless steel appliances are exactly where they should be. Just off the kitchen, the back patio offers shelter so BBQs aren’t just for sunny days. Down the hall, three generous bedrooms await — including a primary with its own ensuite and walk-in closet. And there’s more: the basement extends the living space with a big rec room, half bath, and laundry tucked away for convenience. Then there’s the apartment. With its own driveway and entrance, it’s a cozy and private space that renters love — a large eat-in kitchen, a warm living area, two comfortable bedrooms, full bath, and even its own laundry. This isn’t just a house. It’s a smart move, a beautiful space, and a place to call home. As per Sellers Direction there will be no conveyance of offers prior to 10am on May 13th. The seller further directs that all offers are to remain open for acceptance until 3pm on May 13th. (id:56688)
Property Details
Listing ID: 28282423
Address: 1 Sumac Street, St. John's, Newfoundland & Labrador, Canada A1H0G5
Status: Active
Last updated: 12 days ago ( May 9, 2025 )
Year Built: 2014
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,534 square feet
Price per sq ft: $218
Tax Annual Amount: $4,250
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.488598, -52.81978]
Rooms
Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Bath (# pieces 1-6) Laundry room Recreation room | B4 null 10' x 14' null 12' x 10' null 11.5' x 15' null 11' x 15' null B2 null 4' x 8' null 11' x 20' null |
Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room/Dining room | B4 null B4 null 13' x 9.5' null 13' x 9.5' null 13' x 15' null 13' x 14.5' null 12' x 23' null |
Basic Calculator
First Mortgage: $440,000
Mortgage insurance premium: $0
Total Financing: $440,000
Rough closing fee (1.5%): ~ $8,250
Total downpayment with estimated closing fee: $118,250
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,788 | $33,456 |
Gross rental income (income/principal ratio) | 0.507% | 6.083% |
Mortgage | $0 | $0 |
Monthly Expenses | $688 | $8,256 |
Vacancy | $140 | $1,673 |
Management Fee | $224 | $2,677 |
Expense / Income Ratio | 24.68% | 24.68% |
Cash Flow | $1,738 | $20,856 |
Net Operating Income (NOI) | $1,738 | $20,856 |
Capitalization Rate | 0.32% | 3.79% |