14 Northern Ranger Street
St. John's, NL, A1B5J4
5 Beds | 4 Baths
$439,000
About the property (MLS: 1285591):
Top 5 Reasons You’ll Love This Home: (1) Prime Location & Income Potential: This registered 2-apartment home is ideally situated in the highly sought-after Kenmount Terrace neighborhood—perfect for investors or homeowners looking to offset their mortgage. (2) Spacious Main Unit: The well-maintained main unit features a bright, open-concept layout with a large living room and eat-in kitchen. It includes three generously sized bedrooms, including a primary suite complete with a walk-in closet and private ensuite. (3) Bonus Living Space: The main unit continues into a fully developed basement offering a spacious family room, convenient half bath, and laundry area—ideal for relaxing, entertaining, or accommodating a growing family. (4) Turn-Key Apartment: The bright and comfortable 2-bedroom basement apartment includes a spacious living room, eat-in kitchen, in-suite laundry, and its own entrance. Currently rented for $1,400/month, the reliable tenants would love to stay—making this a great opportunity for steady rental income. (5) Central & Convenient: Enjoy the benefits of a central location close to all major amenities, including MUN, the Health Sciences Centre, Avalon Mall, schools, restaurants, and public transit. **Recent upgrades include: Basement Apartment- New exterior door, new fridge, and new flooring in the apartment kitchen, porch, and bathroom; Main Unit- new flooring in kitchen, new fridge and new Hot Water Heater** As per Sellers Direction there will be no conveyance of offers prior to 5PM on June 1st. Leave open until 8pm. (id:56688)
Property Details
Listing ID: 28378804
Address: 14 Northern Ranger Street, St. John's, Newfoundland & Labrador, Canada A1B5J4
Status: Active
Last updated: 15 days ago ( May 28, 2025 )
Year Built: 2006
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Partially fenced
Living Area Total: 2,622 square feet
Price per sq ft: $168
Tax Annual Amount: $3,901
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: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.547197, -52.79449]
Rooms
| Lower level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room Not known | . null 7.4 X 7.2 null 10.0 X 9.10 null 10.3 X 7.11 null 16.9 X 11.6 null 16.9 X 10.7 null |
| Basement | Laundry room Family room | 10.10 X 5.11 null 17.5 X 14.9 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room Not known | 8 X 6 null 14.7 X 9.11 null 14.11 X 8.11 null 8.7 X 5.1 null 12.5 X 11.11 null 11 x 8 null 15.5 x 12.5 null |
Basic Calculator
First Mortgage: $351,200
Mortgage insurance premium: $0
Total Financing: $351,200
Rough closing fee (1.5%): ~ $6,585
Total downpayment with estimated closing fee: $94,385
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,885 | $34,620 |
| Gross rental income (income/principal ratio) | 0.657% | 7.886% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $549 | $6,588 |
| Vacancy | $145 | $1,731 |
| Management Fee | $231 | $2,770 |
| Expense / Income Ratio | 19.03% | 19.03% |
| Cash Flow | $1,961 | $23,532 |
| Net Operating Income (NOI) | $1,961 | $23,532 |
| Capitalization Rate | 0.45% | 5.36% |
