192 Ladysmith Drive
St. John's, NL, A1B0M2
6 Beds | 3 Baths
$479,900
About the property (MLS: 1286037):
This clean & spacious two-apartment home comes move-in ready with excellent long-term tenants in the basement apartment. The main floor offers a modern kitchen with stainless steel appliances, peninsula with raised eating bar, backsplash and walk-out to the patio overlooking a greenbelt. On a clear day, you can see all the way to Signal Hill! The main floor is well appointed with hardwood & ceramic flooring, pot lights, crown moulding, hardwood stairs & a propane fireplace in the living room. There is a spacious main floor laundry room with extra cabinet storage. Downstairs offers a bright family room plus a 4th bedroom/office. The two-bedroom basement apartment is equally attractive with 9 foot ceilings, a spacious modern kitchen with it's own pantry, quality finishes, good storage, and plenty of natural light for a bright and cheerful space! The rear yard is fully fenced and includes a 12' x 12' shed. And if that's not enough, this homes comes equipped with a Generlink hook-up and generator included for back-up power during a power outage. As per Seller's Direction Re Offers, there will be no conveyance of any written signed offers prior to 4 PM on June 10, 2025. All offers are to remain open for acceptance until 9 PM on June 10, 2025. (id:56688)
Property Details
Listing ID: 28427113
Address: 192 Ladysmith Drive, St. John's, Newfoundland & Labrador, Canada A1B0M2
Status: Active
Last updated: 7 days ago ( Jun 6, 2025 )
Year Built: 2015
Property Type: Single Family
Structure Type: Two Apartment House
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Living Area Total: 2,624 square feet
Price per sq ft: $183
Tax Annual Amount: $3,791
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Microwave
Water Source: Municipal water
Foundation Details: Wood, Poured Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Number of photos available: 31
Rurl
Coordinates: [47.555961, -52.799138]
Rooms
| Lower level | Bath (# pieces 1-6) Not known Not known Not known Not known | 5'4"" x 4' null 11'2"" x 11'9"" null 9' x 9' null 13'4"" x 12'3"" null 16'9"" x 12'3"" null |
| Basement | Bedroom Recreation room | 9' x 8'11"" null 17'9"" x 11'9"" null |
| Main level | Ensuite Bath (# pieces 1-6) Laundry room Bedroom Bedroom Primary Bedroom Foyer Dining room Kitchen Living room | 5'7"" x 9'5"" null 5'4"" x 7'5"" null 5'6 x 8' null 9'8"" x 9'11"" null 9'8"" x 10' null 12'6"" x 13'6"" null 6'2"" x 5'3"" null 12'2"" x 10'4"" null 12'2"" x 8'9"" null 15'4"" x 13'5"" null |
Basic Calculator
First Mortgage: $383,920
Mortgage insurance premium: $0
Total Financing: $383,920
Rough closing fee (1.5%): ~ $7,199
Total downpayment with estimated closing fee: $103,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,887 | $34,644 |
| Gross rental income (income/principal ratio) | 0.602% | 7.219% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $600 | $7,200 |
| Vacancy | $145 | $1,733 |
| Management Fee | $231 | $2,772 |
| Expense / Income Ratio | 20.78% | 20.78% |
| Cash Flow | $1,912 | $22,944 |
| Net Operating Income (NOI) | $1,912 | $22,944 |
| Capitalization Rate | 0.40% | 4.78% |
