About the property (MLS: 1284961):
Welcome to 26 Tigress Street – a freshly painted, move-in-ready gem nestled in a desirable St. John’s neighborhood. This well-maintained two-apartment home offers both comfort and convenience, along with breathtaking views of the city skyline. The main unit features a bright and spacious layout with three bedrooms, a large living area, and a functional kitchen, ideal for families or entertaining guests. Enjoy serene mornings and beautiful evenings with panoramic views from your windows. Downstairs, the self-contained one-bedroom apartment provides a great opportunity for rental income. Each unit has its own private entrance, ensuring privacy and ease of use. Additional features include an attached garage, perfect for winter parking or additional storage, and recent interior updates including a fresh coat of paint, and both water heaters replaced. Whether you're a homeowner looking for added income potential or an investor seeking a great addition to your portfolio, this property checks all the boxes. As per sellers directive, no conveyance of offers before 4 pm May 19th 2025. All offers to be open till 9pm May 19 2025. (id:56688)
Property Details
Listing ID: 28302936
Address: 26 Tigress Street, St John's, Newfoundland & Labrador, Canada A1B0L7
Status: Active
Last updated: a month ago ( May 18, 2025 )
Year Built: 2013
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 5
1/2 Baths: 2
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 3,000 square feet
Price per sq ft: $184
Tax Annual Amount: $3,981
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.555022, -52.799456]
Rooms
Basement | Not known Not known Bath (# pieces 1-6) Recreation room Den | 9.7x8.5 null 12.6x23 null 2 pc 16.7x10.8 null 6.8x14.8 null |
Second level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Laundry room | 3 pc 3 pc 10.9x11.6 null 10.7x10.9 null 13.5x14.4 null 6.2x6.6 null |
Main level | Bath (# pieces 1-6) Office Family room Kitchen Living room | 2 pc 7.7x7.4 null 11.4x15.2 null 20.2x12 null 23.3x16.9 null |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,301 | $39,612 |
Gross rental income (income/principal ratio) | 0.600% | 7.203% |
Mortgage | $0 | $0 |
Monthly Expenses | $688 | $8,256 |
Vacancy | $166 | $1,981 |
Management Fee | $265 | $3,169 |
Expense / Income Ratio | 20.84% | 20.84% |
Cash Flow | $2,184 | $26,208 |
Net Operating Income (NOI) | $2,184 | $26,208 |
Capitalization Rate | 0.40% | 4.77% |