42 Long Pond Road
St. John’s, NL, A1B1N7
3 Beds | 3 Baths
$599,900
About the property (MLS: 1285432):
A once-in-a-generation opportunity is now on the market. Located in the heart of the Churchill Square neighbourhood of St. John’s, 42 Long Pond Road stands out as a gem among gems. With a land footprint equivalent to two comparable lots in the neighbourhood, this is a unique opportunity to seize a dream … and build it. The existing house was built almost a century ago and has been the home for the same family since 1968. The home has served them well, and while it can be renovated, its condition is such that the property is being sold as-is. The property is large enough (14,500 sq. ft.) to accommodate an ambitious rebuild with room for handsome gardens, relaxing corners and plenty of privacy. The property is lined by a right-of-way pedestrian lane owned by the city, and which is blocked to through traffic. The property is within walking distance of Churchill Square, Memorial University, several schools and places of worship, the Rennie’s River trail and numerous amenities.Few properties in this neighbourhood list in any given year. A highly desirable property like this comes along rarely. Don’t miss the opportunity. The house is a two-story family home. The ground floor features a kitchen, an oversized living room, a den and a dining room, plus storage. Upstairs is the master bedroom with ensuite, another bedroom, and two rooms that can be used as bedrooms or as offices or for hobbies. There is also laundry. The basement is unfinished and concrete-poured and is used for storage. A large shed holds garden supplies. (id:56688)
Property Details
Listing ID: 28365111
Address: 42 Long Pond Road, St. John’s, Newfoundland & Labrador, Canada A1B1N7
Status: Active
Last updated: 8 days ago ( Jun 13, 2025 )
Year Built: 1926
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: Hot water radiator heat, Baseboard heaters, Oil, Electric, Radiator
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Mixed Flooring
Living Area Total: 2,888 square feet
Price per sq ft: $208
Tax Annual Amount: $4,663
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Hot water radiator heat, Baseboard heaters, Oil, Electric, Radiator
Flooring: Hardwood, Carpeted, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.577299, -52.720276]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Hobby room Bedroom Ensuite Primary Bedroom | 7 x 11.95 null 2 Pce null 3 Pce null 10.24 x 10.3 null 9.15 x 10.25 null 12.65 x 14 null 3 Pce null 12.95 x 13.5 null |
| Main level | Storage Den Kitchen Dining room Living room | 5.3 x 5.5 null 12.65 x 12.9 null 11.45 x 12.95 null 12.95 x 12.95 null 15.9 x 24 null |
Basic Calculator
First Mortgage: $479,920
Mortgage insurance premium: $0
Total Financing: $479,920
Rough closing fee (1.5%): ~ $8,999
Total downpayment with estimated closing fee: $128,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,177 | $38,124 |
| Gross rental income (income/principal ratio) | 0.530% | 6.355% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $750 | $9,000 |
| Vacancy | $159 | $1,907 |
| Management Fee | $255 | $3,050 |
| Expense / Income Ratio | 23.61% | 23.61% |
| Cash Flow | $2,014 | $24,168 |
| Net Operating Income (NOI) | $2,014 | $24,168 |
| Capitalization Rate | 0.34% | 4.03% |
