16 Burgeo Street
St. John's, NL, A1E3T3
4 Beds | 2 Baths
$325,000
About the property (MLS: 1285853):
Welcome to your new home at 16 Burgeo Street! This charming property offers the perfect combination of comfort, convenience, and style. Situated on an oversized, fully fenced lot, this well-maintained residence features 3 bedrooms on the main floor and an additional bedroom in the basement. With a host of upgrades and a fantastic location, this home is a must-see for anyone seeking the ideal family dwelling. As you step inside, you'll be greeted by a warm and inviting atmosphere. The main floor boasts a spacious living area, perfect for relaxation and entertaining. Natural light floods through the large windows, creating a bright and cheerful ambiance. The new roof ensures peace of mind and added value to this property. With a mini-split heat pump, climate control is at your fingertips, ensuring comfort throughout every season. You'll appreciate the energy efficiency and cost savings this system provides. This home features 2 full bathrooms, ensuring convenience for your family and guests. The main bathroom is located on the main floor while the additional bathroom in the basement offers extra convenience and flexibility. The lower level of the home is an ideal space for a growing family or to accommodate guests. The additional bedroom in the basement adds versatility and extra space, perfect for a home office, gym, or a private oasis for a teenager or in-law. The backyard is a private sanctuary, fully fenced and ready for your outdoor enjoyment. Imagine summer barbecues, children's playtime, and relaxing evenings in this expansive space. Location is key, and this location offers it all. Situated in a family-friendly neighborhood, you'll be close to shopping, schools, parks, and all the amenities you need. A variety of dining options, recreational activities, and community services are at your doorstep. Don't miss this opportunity to make 16 Burgeo Street your new home. Act fast; this gem won't be on the market for long! Offers to be presented by 7pm June 5, 2025 (id:56688)
Property Details
Listing ID: 28405872
Address: 16 Burgeo Street, St. John's, Newfoundland & Labrador, Canada A1E3T3
Status: Active
Last updated: 8 days ago ( Jun 4, 2025 )
Year Built: 1972
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Living Area Total: 2,320 square feet
Price per sq ft: $141
Tax Annual Amount: $1,763
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Ceramic Tile
Fireplace Features: Wood, Woodstove
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.52614, -52.770339]
Rooms
| Lower level | Den Recreation room Bath (# pieces 1-6) Office Bedroom | 11x11 null 13.6x20 null 3pc 9.6x10.6 null 13x14 null |
| Main level | Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) Dining room Kitchen Living room | 9x10.6 null 10x10.6 null 13x14.3 null 4pc 8x10 null 9x10.6 null 15x15 null |
Basic Calculator
First Mortgage: $260,000
Mortgage insurance premium: $0
Total Financing: $260,000
Rough closing fee (1.5%): ~ $4,875
Total downpayment with estimated closing fee: $69,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,552 | $30,624 |
| Gross rental income (income/principal ratio) | 0.785% | 9.423% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $128 | $1,532 |
| Management Fee | $205 | $2,450 |
| Expense / Income Ratio | 15.95% | 15.95% |
| Cash Flow | $1,814 | $21,768 |
| Net Operating Income (NOI) | $1,814 | $21,768 |
| Capitalization Rate | 0.56% | 6.70% |
