96 Circular Road
St. John's, NL, A1C2Z5
2 Beds | 2 Baths
$350,000
About the property (MLS: 1285691):
Welcome to sought-after Georgestown! Whether you're searching for the perfect place to call home or an ideal downtown Airbnb investment, this freshly painted gem checks all the boxes. Perfectly nestled between Churchill Park and the heart of Downtown St. John's, this charming home offers quick and easy access to all the city’s hot spot. Just steps away, you can spend sunny summer days at Bannerman Park or enjoy a scenic walk along the Rennie’s Mill Trail to Quidi Vidi. On your way home, stop by The Parlour for some ice cream, check out Georgetown Bakery, or grab a drink at Bannerman Brewery. Evenings are best spent enjoying the incredible selection of restaurants and pubs downtown has to offer. This downtown gem perfectly blends original character with stylish modern updates. As you enter through the enclosed front porch, you're greeted by high ceilings and a spacious living area. The home has been freshly painted throughout, creating a bright and inviting atmosphere. The bright kitchen has been thoughtfully updated with sleek white cabinets and a beautiful exposed brick accent from the fireplace. Upstairs, you’ll find two spacious bedrooms and a renovated bathroom featuring a classic clawfoot tub — the perfect place to unwind. Head down to the fully developed basement where you’ll find a bright and open rec room with walkout access to the large backyard. The lower level also includes a second full bathroom and a convenient storage/laundry room. The backyard is your personal retreat — ideal for soaking up Newfoundland summers in peace and privacy! Book your showing today and enjoy Georgestown living all summer long. As per the Seller’s Directive, there will be no conveyance of any written offers prior to 6:00 pm on June 5th, 2025 & all offers are to remain open until 11:00 pm on June 5th, 2025 (id:56688)
Property Details
Listing ID: 28401114
Address: 96 Circular Road, St. John's, Newfoundland & Labrador, Canada A1C2Z5
Status: Active
Last updated: 8 days ago ( Jun 4, 2025 )
Year Built: 1900
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 1,173 square feet
Price per sq ft: $299
Tax Annual Amount: $1,942
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.57141, -52.714682]
Rooms
| Basement | Bath (# pieces 1-6) Recreation room Laundry room | 6'9"" x 10' null 16'2"" x 14'2"" null 9'1"" x 10' null |
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom | 6'11"" x 10'8"" null 10'5"" x 11'2"" null 8'11"" x 14'9"" null |
| Main level | Not known Living room | 10'9"" x 13'9"" null 101'9"" x 16'11"" null |
Basic Calculator
First Mortgage: $280,000
Mortgage insurance premium: $0
Total Financing: $280,000
Rough closing fee (1.5%): ~ $5,250
Total downpayment with estimated closing fee: $75,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,291 | $15,492 |
| Gross rental income (income/principal ratio) | 0.369% | 4.426% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $65 | $775 |
| Management Fee | $104 | $1,240 |
| Expense / Income Ratio | 33.93% | 33.93% |
| Cash Flow | $686 | $8,232 |
| Net Operating Income (NOI) | $686 | $8,232 |
| Capitalization Rate | 0.20% | 2.35% |
