About the property (MLS: 1285376):
Welcome to Nan’s House! You know the one — smells like homemade bread, always has a kettle on, and feels like a hug the moment you walk in. For the first time in over 50 years, 36 McKay Street is coming to market, and it’s every bit the cozy, traditional saltbox-style home you'd hope to find tucked away in the heart of St. John’s. This completely detached, three-bedroom home has all the warmth and character of a bygone era, with the kind of sturdy charm that could easily raise a family — in fact, it was solid enough to raise 13 kids. The layout is snug and practical, and while the carpets give off vintage vibes, you’ll find beautiful hardwood floors waiting underneath, just itching to be revealed. Step outside into the large, fenced backyard, a rare find in the city and packed with potential. Whether you're dreaming of a garden retreat, a space for the kids to roam, or the ultimate outdoor entertaining spot, there's room to make it yours. Homes like this don't come around often — full of heart, history, and ready for its next chapter. Come see why “Nan’s house” might just be your next home. As per seller's direction, there will be no conveyance of offers until 12Pm, June 2nd. Asking for any offers to be submitted by 10am on Monday, June 2nd and kept open until June 2nd at 5pm. (id:56688)
Property Details
Listing ID: 28384000
Address: 36 Mckay Street, St. John's, Newfoundland & Labrador, Canada A1E1P2
Status: Active
Last updated: 11 days ago ( Jun 1, 2025 )
Year Built: 1955
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Radiant heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,175 square feet
Price per sq ft: $145
Tax Annual Amount: $1,390
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Radiant heat, Oil
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.548955, -52.724743]
Rooms
Second level | Primary Bedroom Bedroom Bedroom | 12.4x12.4 null 12.4x10.2 null 9.9x13.2 null |
Main level | Kitchen Dining room Living room | 9.9x12.10 null 12.6x12.1 null 12.6x12.11 null |
Basic Calculator
First Mortgage: $136,000
Mortgage insurance premium: $0
Total Financing: $136,000
Rough closing fee (1.5%): ~ $2,550
Total downpayment with estimated closing fee: $36,550
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,293 | $15,516 |
Gross rental income (income/principal ratio) | 0.761% | 9.127% |
Mortgage | $0 | $0 |
Monthly Expenses | $213 | $2,556 |
Vacancy | $65 | $776 |
Management Fee | $104 | $1,242 |
Expense / Income Ratio | 16.47% | 16.47% |
Cash Flow | $912 | $10,944 |
Net Operating Income (NOI) | $912 | $10,944 |
Capitalization Rate | 0.54% | 6.44% |