354 Thorburn Road
St. John's, NL, A1B4R1
4 Beds | 3 Baths
$499,900
About the property (MLS: 1285687):
Welcome to 354 Thorburn Road, a rare find in the city—offering privacy, space, and modern comfort all on an impressive 2/3-acre lot in St. John’s. This beautifully maintained home features 4 bedrooms and 3 full bathrooms across two fully developed levels, making it perfect for families, professionals, or anyone seeking a versatile layout with room to grow. The main level is bright and welcoming, with a refreshed open-concept design that now includes a brand new kitchen peninsula—adding valuable cupboard space, extra counter area, and a natural hub for entertaining. The living and dining spaces flow effortlessly, and the main floor includes two spacious bedrooms, one being the primary with an ensuite bath. Downstairs, the fully developed basement provides incredible flexibility, with two additional bedrooms, a full bathroom, a large rec room, and its own laundry area—ideal for teens, guests, or even potential in-law suite conversion. A mini-split heat pump offers year-round energy-efficient comfort, and thoughtful finishes throughout make this home move-in ready. But what truly sets this property apart is the lot: the massive park-like grounds offering the peace and space of the country—right in the city. Whether you're hosting summer gatherings, gardening, or simply enjoying the outdoors, the backyard is a private oasis. And with its central location just minutes from Memorial University, the Avalon Mall, and the Outer Ring Road, you’ll enjoy both serenity and convenience. Now offered at $499,900, this property is an incredible opportunity to own a beautifully updated home with unmatched space and location. Don’t miss your chance—schedule your private viewing today! (id:56688)
Property Details
Listing ID: 28392037
Address: 354 Thorburn Road, St. John's, Newfoundland & Labrador, Canada A1B4R1
Status: Active
Last updated: 18 days ago ( Jun 3, 2025 )
Year Built: 1962
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Septic tank
Flooring: Mixed Flooring
Living Area Total: 2,500 square feet
Price per sq ft: $200
Tax Annual Amount: $2,111
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, See remarks
Water Source: Well
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.56568, -52.788033]
Rooms
| Basement | Utility room Laundry room Bath (# pieces 1-6) Bedroom Bedroom Not known Recreation room | 11x8 null 4.5x8 null 10.5x6 null 13x13 null 10.5x12 null 13.5x6 null 30.5x14 null |
| Main level | Laundry room Not known Storage Ensuite Primary Bedroom Bedroom Bath (# pieces 1-6) Kitchen Living room | 4x4 null 21.5x 12 null 6.5x11 null 11x6 null 16x11 null 11.5x10.5 null 7x5 null 24x9 null 14x24 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,750 | $33,000 |
| Gross rental income (income/principal ratio) | 0.550% | 6.601% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $138 | $1,650 |
| Management Fee | $220 | $2,640 |
| Expense / Income Ratio | 22.73% | 22.73% |
| Cash Flow | $1,768 | $21,216 |
| Net Operating Income (NOI) | $1,768 | $21,216 |
| Capitalization Rate | 0.35% | 4.24% |
