56 Petite Forte Drive
St. John's, NL, A1B0H1
5 Beds | 3 Baths
$449,900
About the property (MLS: 1285244):
Welcome to this stunning and versatile 5-bedroom, 3-bathroom home, perfect for families or savvy buyers seeking additional income. Situated in the desirable neighborhood of Kenmount Terrace, this property offers a blend of comfort, space, and functionality. Step into a bright and airy vaulted ceiling entrance that sets the tone for the expansive open-concept main floor. The heart of the home features a generous living room, dining area, and large kitchen, all seamlessly connected—ideal for entertaining. The kitchen boasts ample cabinetry and flows onto a large patio, perfect for summer BBQs and outdoor relaxation. Upstairs, you'll find three spacious bedrooms, including a primary suite with a walk-in closet and a private ensuite bathroom. Convenient main-floor laundry adds to the ease of everyday living. The fully developed basement offers a large bonus room, perfect for a home gym, media room, or play space. Additionally, a self-contained 2-bedroom basement apartment with its own large eat-in kitchen provides excellent rental income or space for extended family. (id:56688)
Property Details
Listing ID: 28371758
Address: 56 Petite Forte Drive, St. John's, Newfoundland & Labrador, Canada A1B0H1
Status: Active
Last updated: 16 days ago ( May 27, 2025 )
Year Built: 2011
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Fencing: Fence
Living Area Total: 2,550 square feet
Price per sq ft: $177
Tax Annual Amount: $3,317
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.553047, -52.795034]
Rooms
| Basement | Recreation room Bath (# pieces 1-6) Not known Not known Not known Not known | 11.18 x 13.83 null 4pc 10 x 9.4 null 9.5 x 11.77 null 14.56 x 13.35 null 13.56 x 13.40 null |
| Main level | Foyer Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Kitchen Living room | 7.9 x 10.14 null 4pc 4pc 9.68 x 11.80 null 10.45 x 9.92 null 13.4 x 12 null 15.34 x 13.15 null 15.4 x 16.78 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,805 | $33,660 |
| Gross rental income (income/principal ratio) | 0.623% | 7.482% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $141 | $1,683 |
| Management Fee | $225 | $2,693 |
| Expense / Income Ratio | 20.07% | 20.07% |
| Cash Flow | $1,878 | $22,536 |
| Net Operating Income (NOI) | $1,878 | $22,536 |
| Capitalization Rate | 0.42% | 5.01% |
