54 Gallipoli Street
St. John's, NL, A1A0S4
3 Beds | 3 Baths
$688,000
About the property (MLS: 1284818):
Three-bedroom two storey in the beautiful Estates at Clovelly. Large open main floor plan with an inviting kitchen and a dining room plus a living room. Two full bathrooms plus a powder room. Single car garage. Covered front deck. Purchase price includes the HST. Another quality home by York Developments Inc. Purchase price includes the HST. (id:56688)
Property Details
MLS: 1284818
Listing ID: 28286280
Address: 54 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S4
Status: Active
Last updated: 12 days ago ( May 9, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,684 square feet
Price per sq ft: $257
Tax Annual Amount: $6,261
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.619139, -52.700944]
Listing ID: 28286280
Address: 54 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S4
Status: Active
Last updated: 12 days ago ( May 9, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,684 square feet
Price per sq ft: $257
Tax Annual Amount: $6,261
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.619139, -52.700944]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 8 x 9’6” null 4 Pce null 9’10” x 11’8” null 11’4” x 11’5” null 5 Pce null 11’6” x 14’ null |
| Main level | Bath (# pieces 1-6) Dining room Kitchen Living room | 2 Pce null 12’ x 14’ null 13’ x 14’ null 15’4” x 17’6” null |
Basic Calculator
First Mortgage: $550,400
Mortgage insurance premium: $0
Total Financing: $550,400
Rough closing fee (1.5%): ~ $10,320
Total downpayment with estimated closing fee: $147,920
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,953 | $35,436 |
| Gross rental income (income/principal ratio) | 0.429% | 5.151% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $860 | $10,320 |
| Vacancy | $148 | $1,772 |
| Management Fee | $237 | $2,835 |
| Expense / Income Ratio | 29.12% | 29.12% |
| Cash Flow | $1,710 | $20,520 |
| Net Operating Income (NOI) | $1,710 | $20,520 |
| Capitalization Rate | 0.25% | 2.98% |
Capitalization Rate: 2.98%
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).): $982,858
