About the property (MLS: 1284349):
Welcome to 41 Malka Drive. This exceptional 2-story EAST END property will cater to discerning homeowners seeking elegance, convenience, & thoughtful design. Fully developed in 2023, this residence seamlessly combines contemporary open concept luxury with functional practicality. Offering three generously sized bedrooms, each complemented with a mini-split head, ensuring the utmost in comfort & energy efficiency. The property also features 3 full bathrooms & a well-positioned main floor half bathroom, all outfitted with high-quality, custom fixtures & a refined aesthetic that will enhance your everyday living. The kitchen serves as a statement of luxury with solid surface countertops, a gas range & high quality Samsung appliances, all complimented by an oversized 3 seat sit up island that is ideal for entertaining. Complete with a custom walk-in pantry that will allow you to tuck all your small appliances neatly away, affording coveted space where you need it most! The main living area is a showcase of natural light & contemporary flare, creating an inviting atmosphere that balances comfort & modernity. From small family gatherings to larger social occasions, this versatile space ensures that all your family needs are met. The fully developed basement is sure to impress with its home gym, custom wet bar, storage area, accent design & of course the ever-coveted staircase to the attached garage that is perfect for unloading those winter tires for offseason storage. This space has been carefully designed to address the needs of modern living, blending practicality with luxurious style & sophistication. Located in a prime neighborhood, this home provides convenient access to local amenities, schools, & entertainment options. We invite you to experience this exceptional property firsthand. Schedule a viewing today & discover the unique qualities that make this home an absolute MUST SEE! (id:56688)
Property Details
Listing ID: 28419774
Address: 41 Malka Drive, St. John's, Newfoundland & Labrador, Canada A1A4X8
Status: Active
Last updated: 15 hours ago ( Jun 12, 2025 )
Year Built: 2023
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Ceramic Tile, Mixed Flooring
Living Area Total: 2,294 square feet
Price per sq ft: $297
Tax Annual Amount: $4,440
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Range - Gas, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.608363, -52.755935]
Rooms
Basement | Bath (# pieces 1-6) Storage Not known Recreation room | 5'4""X6'5"" 3pc 21'""X10'7"" null 13'8""X12'1"" Gym null 21'8""X29'0"" null |
Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Storage Primary Bedroom | 6'7""X5'2"" null 5'4""X8'2"" 4pc 11'1""X10'5"" null 11'0'X11'8"" null 6'2""X10'8"" 5pc 6'7""X5'2"" WIC null 14'2""X14'2"" null |
Main level | Not known Bath (# pieces 1-6) Not known Kitchen Dining room Living room Foyer | 11'10""X23'4"" null 4'10""X4'9"" 2pc 11'1""X13'5"" null 11'1""X10'9"" null 10'3""X22'6"" null 10'3""X13'2"" null |
Basic Calculator
First Mortgage: $543,920
Mortgage insurance premium: $0
Total Financing: $543,920
Rough closing fee (1.5%): ~ $10,199
Total downpayment with estimated closing fee: $146,179
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,524 | $30,288 |
Gross rental income (income/principal ratio) | 0.371% | 4.455% |
Mortgage | $0 | $0 |
Monthly Expenses | $850 | $10,200 |
Vacancy | $127 | $1,515 |
Management Fee | $202 | $2,424 |
Expense / Income Ratio | 33.68% | 33.68% |
Cash Flow | $1,346 | $16,152 |
Net Operating Income (NOI) | $1,346 | $16,152 |
Capitalization Rate | 0.20% | 2.38% |