7 Patrick Street Unit#4
St. John's, NL, A1E2S5
1 Bed | 1 Bath
$239,900
About the property (MLS: 1284978):
Stylish Condominium perfectly situated close to the heart of downtown and just a short walk from a variety of amenities, including cafes, shops, restaurants, and public transport. Ideal for city living, this 2-bedroom unit blends comfort and modern design. Inside, you'll find gorgeous pre-engineered hardwood floors, adding warmth and sophistication to the space. The living room is enhanced by a stunning stone veneer wall, and electric fireplace. The kitchen features stainless steel appliances. Two bedrooms and one bath. Washer & dryer included. The unit also includes off-street parking for your convenience, as well as a storage area in the basement. Absolute must-see for those looking to enjoy all the benefits of downtown living, with a blend of style, comfort, and convenience. (id:56688)
Property Details
Listing ID: 28304062
Address: 7 Patrick Street Unit#4, St. John's, Newfoundland & Labrador, Canada A1E2S5
Status: Active
Last updated: a month ago ( May 13, 2025 )
Year Built: 2011
Property Type: Single Family
Ownership Type: Condominium
Beds: 1
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Ceramic Tile, Mixed Flooring
Living Area Total: 1,015 square feet
Price per sq ft: $237
Tax Annual Amount: $1,472
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Carpeted, Ceramic Tile, Mixed Flooring
Exterior Features: Other
Common Interest: Condo/Strata
Association Fee: 300
Number of photos available: 14
Rurl
Coordinates: [47.553317, -52.716778]
Rooms
| Main level | Bath (# pieces 1-6) Den Primary Bedroom Living room/Fireplace Dining room Kitchen | B4 null 9.5 x 9.5 null 13 x 12 null 18 x 9.5 null 8.5 x 11 null 12.5 x 10 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,117 | $13,404 |
| Gross rental income (income/principal ratio) | 0.466% | 5.587% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $300 | $3,600 |
| Vacancy | $56 | $671 |
| Management Fee | $90 | $1,073 |
| Expense / Income Ratio | 26.86% | 26.86% |
| Cash Flow | $672 | $8,064 |
| Net Operating Income (NOI) | $672 | $8,064 |
| Capitalization Rate | 0.28% | 3.36% |
