26 Fort Amherst Road
St. John's, NL, A1C5H2
3 Beds | 1 Bath
$275,000
About the property (MLS: 1285800):
Incredible Opportunity with Unmatched Views of The Narrows! If you're searching for a breathtaking ocean view overlooking The Narrows of St. John's Harbour, look no further. This unique hillside property is located in the historic and picturesque Fort Amherst area, offering a commanding, unobstructed view of the harbour and open ocean beyond. Watch every ship enter and exit the harbour — all from the comfort of your living room or patio deck. This location is truly one of a kind and rarely comes to market. While the property requires some upgrading, it presents an incredible opportunity for investors, flippers, or those looking to create their dream home with a view that can’t be matched. With its iconic location and breathtaking scenery, it also holds strong potential as a short-term rental or Airbnb, offering guests an unforgettable experience in one of the most scenic parts of the city. Don’t miss out on this rare chance to own a piece of iconic St. John’s real estate with sweeping ocean views! Property is being sold as is. Any home inspection will be for the purchaser’s knowledge only. All measurements are approximate and should be verified by the purchaser. (id:56688)
Property Details
Listing ID: 28419623
Address: 26 Fort Amherst Road, St. John's, Newfoundland & Labrador, Canada A1C5H2
Status: Active
Last updated: 8 days ago ( Jun 5, 2025 )
Year Built: 1963
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Propane
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,600 square feet
Price per sq ft: $172
Tax Annual Amount: $1,965
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Wood, Concrete
Heating: Baseboard heaters, Propane
Flooring: Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.564364, -52.687333]
Rooms
| Second level | Bedroom Bedroom Primary Bedroom | 8.60 X 12.00 null 10.00 X 7.00 null 10.00 X 7.00 null |
| Main level | Storage Kitchen Living room | 25.10 X 11.00 null 17.50 X 9.00 null 11.30 X 11.90 null |
Basic Calculator
First Mortgage: $220,000
Mortgage insurance premium: $0
Total Financing: $220,000
Rough closing fee (1.5%): ~ $4,125
Total downpayment with estimated closing fee: $59,125
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,761 | $21,132 |
| Gross rental income (income/principal ratio) | 0.640% | 7.684% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $344 | $4,128 |
| Vacancy | $89 | $1,057 |
| Management Fee | $141 | $1,691 |
| Expense / Income Ratio | 19.53% | 19.53% |
| Cash Flow | $1,189 | $14,268 |
| Net Operating Income (NOI) | $1,189 | $14,268 |
| Capitalization Rate | 0.43% | 5.19% |
