29 Malta Street
St. John's, NL, A1C4T1
3 Beds | 2 Baths
$399,900
About the property (MLS: 1284833):
Located in the center of the city, this bright and beautiful new-build home offers a rare combination of style, comfort, and convenience. With a unique and modern design, this low-maintenance home is perfect for first-time buyers, downsizers, or anyone seeking an efficient and elegant living space. Inside, you’ll find 3 spacious bedrooms, including a primary suite with a full ensuite, 2 full bathrooms with contemporary finishes. An open-concept living, kitchen, and dining area filled with natural light Stylish modern kitchen with ample cabinetry and counter space Energy-efficient construction to help keep monthly costs low Outside, enjoy easy access to all major amenities, public transportation, shopping, and recreation—everything you need is just minutes away. Move-in ready and designed for easy living, this home is truly a standout! (id:56688)
Property Details
Listing ID: 28286644
Address: 29 Malta Street, St. John's, Newfoundland & Labrador, Canada A1C4T1
Status: Active
Last updated: 12 days ago ( May 9, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,126 square feet
Price per sq ft: $356
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.567355, -52.726678]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 3 Piece null 9 x 10 null 10 x 10 null 3 Piece null 13 x 12 null |
| Main level | Dining room Living room Kitchen | 9 x 8 null 10 x 12 null 12 x 10 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,239 | $14,868 |
| Gross rental income (income/principal ratio) | 0.310% | 3.718% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $62 | $744 |
| Management Fee | $100 | $1,190 |
| Expense / Income Ratio | 40.36% | 40.36% |
| Cash Flow | $578 | $6,936 |
| Net Operating Income (NOI) | $578 | $6,936 |
| Capitalization Rate | 0.14% | 1.73% |
