About the property (MLS: 1285098):
The perfect family home located in an extremely coveted neighborhood within walking distance to Churchill Square, Confederation Building, parks, schools, and scenic walking trails! This long-time owner, very well-maintained property has been extensively renovated in recent years (extension 2006), with an ideal layout for entertaining, while keeping family functionality in mind. The bright and spacious main floor, finished with hardwood floors, features the custom kitchen (completed by Artistic), with timeless off-white ceiling height cabinetry, solid surface counter tops and double ovens. Entertaining size living room with wood burning fireplace, adjoining dining room with bay window, and the perfect family room with built-ins, propane fireplace, vaulted ceilings with skylights and a wall of windows overlooking the fully landscaped mature tree-lined gardens. Main level is completed with a convenient powder room. The upper-level, also finished with hardwood floors, houses four very well-proportioned bedrooms, including the primary suite with over sized ensuite, and main family bathroom. The basement, with walk out access to the driveway, is finished with a rec room, laundry, and plenty of dry storage. Basement would be an easy conversion back to an in-house garage if desired. The exterior is finished with low maintenance Cape Cod siding (exterior recently painted), vinyl windows (except for basement), and main roof replaced 2016 (torch down). The perfect street to raise a family with a private park like ‘island’ at your doorstep. Offers to be submitted by May 27, 2025 @ 12pm (noon) and left open for acceptance until 5pm. (id:56688)
Property Details
Listing ID: 28343525
Address: 17 Simms Street, St. John's, Newfoundland & Labrador, Canada A1B2A1
Status: Active
Last updated: 18 days ago ( May 25, 2025 )
Year Built: 1964
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Hot water radiator heat, Oil, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 3,073 square feet
Price per sq ft: $210
Tax Annual Amount: $3,907
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Oil, Propane
Flooring: Hardwood, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 44
Rurl
Coordinates: [47.58565, -52.718348]
Rooms
Basement | Laundry room Recreation room Storage | 8'5""x7'5"" null 22'0""x14'0"" null 24'4""x11'1"" null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Ensuite Primary Bedroom | 8'7""x6'4"" 4pc 12'3""x11'0"" null 14'1""x10'2"" null 13'6""x11'6"" null 12'5""x10'1"" 5pc 19'7""x11'5"" null |
Main level | Bath (# pieces 1-6) Kitchen Living room Dining room Family room Foyer | 2'8""x6'5"" 2pc 13'1""x11'5"" null 15'9""x21'2"" null 15'3""x11'6"" null 13'7""x22'2"" null 14'5""x10'2"" null |
Basic Calculator
First Mortgage: $516,000
Mortgage insurance premium: $0
Total Financing: $516,000
Rough closing fee (1.5%): ~ $9,675
Total downpayment with estimated closing fee: $138,675
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,381 | $40,572 |
Gross rental income (income/principal ratio) | 0.524% | 6.290% |
Mortgage | $0 | $0 |
Monthly Expenses | $807 | $9,684 |
Vacancy | $170 | $2,029 |
Management Fee | $271 | $3,246 |
Expense / Income Ratio | 23.87% | 23.87% |
Cash Flow | $2,135 | $25,620 |
Net Operating Income (NOI) | $2,135 | $25,620 |
Capitalization Rate | 0.33% | 3.97% |