About the property (MLS: 1285919):
Welcome to 198 Topsail Road. This three-story residence combines timeless character with contemporary luxury. As one half of the historic “Rosemont” estate—originally designed and inhabited by renowned architect William F. Butler circa 1905—this home offers a rare blend of heritage and modern comfort. Once inside you will be greeted by an inviting main floor with high ceilings, plaster mouldings and plenty of original character. The living room has a cozy modern propane fireplace, built in bookshelves and flows seamlessly into the dining area. The kitchen is an impressive extension that includes a breakfast nook, pot lights, Corian countertops, propane stove, engineered hardwood floors, in-floor heating, and an abundance of windows that fill the space with natural light. A newly installed patio and shed can be found in the rear yard with the entrance off the breakfast nook. Upstairs, you’ll find four bedrooms (two per floor) and a beautifully renovated bathroom featuring a custom shower and granite sink. The third level offers a brand new, modern 3-piece bathroom, perfect for guests or a growing family. Enjoy the convenience of main floor laundry and an electric car charging hook-up, making everyday living effortless. This home is designed for comfort and style. Located in the sought-after Waterford Valley area, you’ll love the sense of community and proximity to parks, schools, and all amenities. (id:56688)
Property Details
Listing ID: 28412253
Address: 198 Topsail Road, St. John's, Newfoundland & Labrador, Canada A1E2B1
Status: Active
Last updated: 5 days ago ( Jun 8, 2025 )
Year Built: 1905
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 2,073 square feet
Price per sq ft: $266
Tax Annual Amount: $2,519
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Electric
Flooring: Hardwood, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.542023, -52.733527]
Rooms
Third level | Bath (# pieces 1-6) Bedroom Bedroom | 7x8 null 13.8x17.3 null 13.8x11.7 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom | 6.9x9.6 null 14x12.4 null 14x14 null |
Main level | Laundry room Dining nook Kitchen Living room/Fireplace Dining room | 6.1x9.8 null 6.8x8.2 null 9.8x15.6 null 13.5x14 null 13.5x14.5 null |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,281 | $27,372 |
Gross rental income (income/principal ratio) | 0.415% | 4.978% |
Mortgage | $0 | $0 |
Monthly Expenses | $688 | $8,256 |
Vacancy | $115 | $1,369 |
Management Fee | $183 | $2,190 |
Expense / Income Ratio | 30.16% | 30.16% |
Cash Flow | $1,297 | $15,564 |
Net Operating Income (NOI) | $1,297 | $15,564 |
Capitalization Rate | 0.24% | 2.83% |