48 Suvla Street
St. John's, NL, A1C4Z4
4 Beds | 2 Baths
$279,900
About the property (MLS: 1286020):
Welcome to Suvla Street in the heart of vibrant Rabbit Town, St. John’s — where character, convenience, and community come together. This charming two-storey home is perfectly positioned within walking distance of just about everything. Step inside to find a warm and inviting layout with functional living areas and plenty of natural light. Upstairs offers three cozy bedrooms plus an office with classic touches, while the main level boasts a functional kitchen and living space perfect for entertaining or simply relaxing after a stroll through the nearby trails. Downstairs features an extra bedroom and sound proof rec room specifically engineered as a music room. Out your front door, you’re just minutes from Memorial University, making this an ideal spot for students, staff, or savvy investors. And when it's time to unwind, downtown St. John's is right around the corner — with its buzzing nightlife, local restaurants, and unique shops waiting to be explored. Whether you're after a solid family home, a smart rental, or a place to enjoy the best of St. John’s, this Suvla Street gem offers a lifestyle that’s hard to beat. As per sellers direction of offers, no conveyance of offers until Monday June 9th at 5pm. (id:56688)
Property Details
Listing ID: 28420519
Address: 48 Suvla Street, St. John's, Newfoundland & Labrador, Canada A1C4Z4
Status: Active
Last updated: 16 days ago ( Jun 5, 2025 )
Year Built: 1948
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Fencing: Fence
Living Area Total: 2,058 square feet
Price per sq ft: $137
Tax Annual Amount: $1,858
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Block, Poured Concrete
Heating: Hot water radiator heat, Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.566335, -52.728099]
Rooms
| Basement | Bath (# pieces 1-6) Recreation room Bedroom | 3pcs 18'1x8'10"" null 11'x12'2"" null |
| Second level | Bath (# pieces 1-6) Office Bedroom Bedroom Primary Bedroom | 4pcs 6'10""x8'11' null 11'6""x8'11"" null 9'10""x11'9"" null 10'8x11""9 null |
| Main level | Not known Living room Kitchen | 7'8""x4'8"" null 12'4""x17' null 9'9""x15'11"" null |
Basic Calculator
First Mortgage: $223,920
Mortgage insurance premium: $0
Total Financing: $223,920
Rough closing fee (1.5%): ~ $4,199
Total downpayment with estimated closing fee: $60,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,264 | $27,168 |
| Gross rental income (income/principal ratio) | 0.809% | 9.706% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $350 | $4,200 |
| Vacancy | $114 | $1,359 |
| Management Fee | $182 | $2,174 |
| Expense / Income Ratio | 15.46% | 15.46% |
| Cash Flow | $1,620 | $19,440 |
| Net Operating Income (NOI) | $1,620 | $19,440 |
| Capitalization Rate | 0.58% | 6.95% |
