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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | 14.59% | 14.59% |
Cash Flow | $1,861 | $22,332 |
Net Operating Income (NOI) | $1,861 | $22,332 |
Capitalization Rate | 0.62% | 7.45% |