About the property (MLS: 1286096):
Welcome to the Highgate....This bright spacious 2 bedroom condo is located on Portugal Cove Rd in the desired East end. The condo features an open concept Living room /dining room & a modern kitchen with stainless steel appliances, two large bedrooms, two 3 pc bathrooms including the primary suite complete with multiple closets and a 3 pc. ensuite. With several walking trails nearby ( Kents ‘n Kenny's Pond walking trails) & being close to all amenities this condo is in a great location. . The Highgate offers an adult living in a monitored secure building, intercom, elevator, Laundry facilities & garbage disposal on each floor, its own storage locker, a reserved exterior parking space (right outside the entrance) plus easily accessible visitor parking & a a beautiful courtyard. Condo fees include: Snow clearing, exterior and common area maintenance, garbage removal, lawn care & gardening. Don’t miss out on this fantastic opportunity to enjoy comfort and convenience in one of St. John's most sought-after locations. There are several pieces of furniture that the vendor is willing to include for the right offer. As per sellers direction, there will be no conveyance of offers before 2 pm on Tuesday June 10th, all offers to be left open until 7pm of the same day. Please book through Broker Bay. (id:56688)
Property Details
Listing ID: 28427827
Address: 134 Portugal Cove Road Unit#312, St. John's, Newfoundland & Labrador, Canada A1B2N2
Status: Active
Last updated: 7 days ago ( Jun 6, 2025 )
Year Built: 1985
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 920 square feet
Price per sq ft: $261
Tax Annual Amount: $1,601
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Brick
Common Interest: Condo/Strata
Association Fee: 450
Number of photos available: 32
Rurl
Coordinates: [47.588205, -52.71633]
Rooms
Main level | Bath (# pieces 1-6) Ensuite Bedroom Primary Bedroom Kitchen Living room/Dining room | B4 null E4 null 9.9x8.9 null 22.11x11.7 null 11.7x11.5 null 28.10x14.10 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,013 | $12,156 |
Gross rental income (income/principal ratio) | 0.422% | 5.067% |
Mortgage | $0 | $0 |
Monthly Expenses | $300 | $3,600 |
Vacancy | $51 | $608 |
Management Fee | $82 | $973 |
Expense / Income Ratio | 29.62% | 29.62% |
Cash Flow | $582 | $6,984 |
Net Operating Income (NOI) | $582 | $6,984 |
Capitalization Rate | 0.24% | 2.91% |