130 Lemarchant Road Unit#306
St. John's, NL, A1C2H2
2 Beds | 2 Baths
$295,000
About the property (MLS: 1285840):
Welcome to this beautifully maintained two-bedroom, 2 bath condo located in as secure, professionally manged building. Perfect for those seeking comfort, accessibility, and convenience, this home offers and inviting blend of modern design and thoughtful functionality. Key Features: .Secure Building: Enjoy peace of mind with controlled access entry, onsite management. .Wheelchair Accessible: Designed with inclusivity in mind, wide doorways, elevator access, and open floor plan open for mobility needs. .Spacious layout: High ceilings enhance the sense of space and natural light throughout the home, creating an airy and uplifting atmosphere. .Two Comfortable Bedrooms: Generously sized bedrooms with ample closet space. .Contemporary Kitchen: With Appliances, in unit laundry, a sleek hardwood flooring for easy maintenance. .Convenient Location: Close to public transportation, medical facilities, shopping, parks, walking distance to the historic downtown St. John's and Night Life. Whether you're downsizing, looking for accessible living, or investing in a well-located property, this condo offers a rare combination of style and practicality. (id:56688)
Property Details
Listing ID: 28408424
Address: 130 Lemarchant Road Unit#306, St. John's, Newfoundland & Labrador, Canada A1C2H2
Status: Active
Last updated: 9 days ago ( Jun 3, 2025 )
Year Built: 1983
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Ceramic Tile
Living Area Total: 1,446 square feet
Price per sq ft: $205
Tax Annual Amount: $1,100
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Carpeted, Ceramic Tile
Exterior Features: Brick
Common Interest: Condo/Strata
Association Fee: 517
Number of photos available: 32
Rurl
Coordinates: [47.559316, -52.719498]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Ensuite Bedroom Primary Bedroom Other Dining room Living room Not known Other Foyer | 5.9 X 4.10 null 4 PC null 4 PC null 15.6 X 9.9 null 14.5 X 13 null 6.8 X 4.2 null 15.9 X 8.8 null 15.9 X 13 null 11.3 X 10 null 6.3 X 4.5 null 9.4 X 4.7 null |
Basic Calculator
First Mortgage: $236,000
Mortgage insurance premium: $0
Total Financing: $236,000
Rough closing fee (1.5%): ~ $4,425
Total downpayment with estimated closing fee: $63,425
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,591 | $19,092 |
| Gross rental income (income/principal ratio) | 0.539% | 6.472% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $369 | $4,428 |
| Vacancy | $80 | $955 |
| Management Fee | $128 | $1,528 |
| Expense / Income Ratio | 23.19% | 23.19% |
| Cash Flow | $1,016 | $12,192 |
| Net Operating Income (NOI) | $1,016 | $12,192 |
| Capitalization Rate | 0.34% | 4.13% |
