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TelephoneEmail59 Gisborne Place, St. John's, Newfoundland & Labrador, Canada A1H0B1

59 Gisborne Place

St. John's, NL, A1H0B1

location

2 Beds | 2 Baths

$299,900

59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Gisborne Place St. John's Newfoundland & Labrador Canada A1H0B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1284202):

Welcome to the newest listing in the highly desirable Twin Brooks subdivision - 59 Gisborne Place. This well maintained 50+ condo is freshly painted throughout and ready for it's new owner! This bright and spacious 2 bedroom, 2 bathroom condo features a modern open-concept layout that’s perfect for entertaining and everyday living. The kitchen has plenty of cabinet space and a convenient center island and overlooks the spacious dining and living area. Off the dining area is access to the back deck - perfect for enjoying warm summer weather. The primary bedroom offers a private ensuite for added comfort, while the second bedroom is ideal for guests or a home office. Downstairs, you'll find a large, open, unfinished basement that awaits your special touches. Enjoy the convenience of a 2-car driveway and low-maintenance living in a well-maintained community that's close to shopping, groceries and many other amenities. A perfect blend of style, space, and functionality! (id:56688)

Property Details
MLS: 1284202
Listing ID: 28382890
Address: 59 Gisborne Place, St. John's, Newfoundland & Labrador, Canada A1H0B1
Status: Active
Last updated: 11 days ago ( Jun 1, 2025 )
Year Built: 2009
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,336 square feet
Price per sq ft: $129
Tax Annual Amount: $2,385
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 495
Number of photos available: 22
Rurl
Coordinates: [47.492824, -52.801543]

Rooms

Main level
Porch
Bath (# pieces 1-6)
Laundry room
Bedroom
Ensuite
Primary Bedroom
Kitchen
Eating area
Living room
5 X 6 null
B4 null

12 X 13 null
E3 null
12 X 14 null
9'6 X 10'6 null
10 X 11 null
12 X 13 null

Basic Calculator



First Mortgage: $239,920

Mortgage insurance premium: $0

Total Financing: $239,920

Rough closing fee (1.5%): ~ $4,499

Total downpayment with estimated closing fee: $64,479

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,570$30,840
Gross rental income (income/principal ratio)0.857%10.283%
Mortgage$0$0
Monthly Expenses$375$4,500
Vacancy$129$1,542
Management Fee$206$2,468
Expense / Income Ratio14.59%14.59%
Cash Flow$1,861$22,332
Net Operating Income (NOI)$1,861$22,332
Capitalization Rate0.62%7.45%
Capitalization Rate: 7.45%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $428,429