About the property (MLS: 1285922):
Tired of seeing the same old two-apartment setups? 11 Mount Royal Avenue isn't your average home. This isn’t your standard up-and-down layout—it’s a rare front-and-back design, like a sideways duplex, giving both units true privacy, their own entrances, laundry, and 200 amp electrical service. Thoughtfully updated over the past decade, this home has been taken care of the right way. From 2012 to 2016, major exterior work was completed: new siding, most windows replaced, roof (2012), full-size decks on both ends, and a backyard shed for extra storage. Inside, each unit has its own story. The back unit, 11A, was fully gutted and rebuilt between 2012–2014: bathroom, all new plumbing and electrical, insulation—nothing overlooked. The front unit, 11, was upgraded between 2016–2023 with the oil furnace removed and replaced with electric heat, a new hot water boiler, electrical panel and wiring upgrades, interior layout changes, and cosmetic updates to the kitchen and bathroom. Both units are finished in clean, modern tones and built for easy maintenance. Fully registered with the City of St. John’s and currently bringing in $3,100/month—$1,500 from the front unit and $1,600 from the back—both tenants are on month-to-month leases, making this a truly turnkey rental or a perfect live-in investment. Located just minutes from Memorial University, Churchill Square, downtown, grocery stores, bus routes, and walking trails, this is one of the most central and convenient spots in the city. Whether you're house hacking, adding to your portfolio, or looking for a solid long-term hold, this one checks every box. Unique layout, major upgrades already done, solid rental income, and an unbeatable location. These kinds of properties are few and far between—book your showing before it’s gone. (id:56688)
Property Details
Listing ID: 28409221
Address: 11 Mount Royal Avenue, St. John's, Newfoundland & Labrador, Canada A1C5E5
Status: Active
Last updated: 17 days ago ( Jun 3, 2025 )
Year Built: 1950
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,322 square feet
Price per sq ft: $227
Tax Annual Amount: $1,881
Tax Year: 2025
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: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.557609, -52.726781]
Rooms
Main level | Living room Kitchen Dining room Bedroom | 14'0"" x 14'0"" null 12'0"" x 9'0"" null 11'0"" x 8'0"" null 12'0"" x 8'0"" null |
Second level | Bedroom | 13'0"" x 11'5"" null |
Basic Calculator
First Mortgage: $420,000
Mortgage insurance premium: $0
Total Financing: $420,000
Rough closing fee (1.5%): ~ $7,875
Total downpayment with estimated closing fee: $112,875
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,555 | $30,660 |
Gross rental income (income/principal ratio) | 0.487% | 5.840% |
Mortgage | $0 | $0 |
Monthly Expenses | $657 | $7,884 |
Vacancy | $128 | $1,533 |
Management Fee | $205 | $2,453 |
Expense / Income Ratio | 25.71% | 25.71% |
Cash Flow | $1,566 | $18,792 |
Net Operating Income (NOI) | $1,566 | $18,792 |
Capitalization Rate | 0.30% | 3.58% |