34 Aldershot Street
St. John’s, NL, A1C4R8
4 Beds | 2 Baths
$275,000
About the property (MLS: 1285628):
Tucked away on a quiet, walkable street just minutes from downtown, 34 Aldershot Street offers one of the most affordable opportunities in the city. Whether you're looking for a first home, a place for family, or an investment with strong rental potential, this property delivers excellent value in a highly convenient location. This two-storey home includes a three-bedroom main unit with a functional layout and plenty of space for everyday living. Upstairs, a bright, above-ground in-law apartment offers additional flexibility—ideal for extended family or for generating potential rental income of up to $1,200 per month. Both units are on electric heat, and each offers comfortable, separate living spaces. The home features all electric heat, pex plumbing and vinyl windows, and also includes off-street parking—a rare bonus in this part of the city. Just a short walk from grocery stores, restaurants, cafés, and public transit, you’ll have everything you need within reach. Plus, Memorial University and the Avalon Mall are close by, making this a smart location for students, staff, or anyone who wants to be near the action without the noise. With its central location, practical layout, and rental potential, 34 Aldershot Street is ideal for buyers who want a functional space in a great neighbourhood—at a price that’s hard to beat. (id:56688)
Property Details
Listing ID: 28383308
Address: 34 Aldershot Street, St. John’s, Newfoundland & Labrador, Canada A1C4R8
Status: Active
Last updated: 10 days ago ( Jun 2, 2025 )
Year Built: 1948
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Fencing: Partially fenced
Living Area Total: 1,554 square feet
Price per sq ft: $177
Tax Annual Amount: $1,515
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Hot water radiator heat, Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Aluminum siding, Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.565796, -52.723474]
Rooms
| Main level | Bath (# pieces 1-6) Office Not known Kitchen Dining room Living room | 3p null 13'7"" x 9'8"" null 10'6"" x 9'4"" null 8'9"" x 14'3"" null 11' x 12'9"" null 13' x 12'4"" null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4p null 7'7"" x 9'10"" null 8'7"" x 12'10"" null 12'1"" x 11' null |
Basic Calculator
First Mortgage: $220,000
Mortgage insurance premium: $0
Total Financing: $220,000
Rough closing fee (1.5%): ~ $4,125
Total downpayment with estimated closing fee: $59,125
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,710 | $20,520 |
| Gross rental income (income/principal ratio) | 0.622% | 7.462% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $344 | $4,128 |
| Vacancy | $86 | $1,026 |
| Management Fee | $137 | $1,642 |
| Expense / Income Ratio | 20.12% | 20.12% |
| Cash Flow | $1,144 | $13,728 |
| Net Operating Income (NOI) | $1,144 | $13,728 |
| Capitalization Rate | 0.42% | 4.99% |
