61 Baird Place
St. John's, NL, A1B2A7
5 Beds | 2 Baths
$369,900
About the property (MLS: 1285986):
Welcome to 61 Baird Place, a well-kept 2-apartment home ideally located on a quiet street in the heart of St. John’s, just minutes from Memorial University, shopping, and major bus routes. This property is perfect for investors, students, or first-time homebuyers looking for a mortgage helper. The main unit features a bright living space, a functional kitchen, and comfortable bedrooms, while the self-contained apartment offers great rental potential with its own private entrance, kitchen, living area, and bedrooms. Whether you're looking to generate income or live close to everything the city has to offer, this centrally located property is a smart investment in a high-demand area. Book your viewing today! As per seller direction, no conveyance of offers until 8pm Friday, June 6th 2025. (id:56688)
Property Details
Listing ID: 28428220
Address: 61 Baird Place, St. John's, Newfoundland & Labrador, Canada A1B2A7
Status: Active
Last updated: 6 days ago ( Jun 6, 2025 )
Year Built: 1974
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,460 square feet
Price per sq ft: $151
Tax Annual Amount: $2,669
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 9
Rurl
Coordinates: [47.563253, -52.749417]
Rooms
| Basement | Utility room Not known Bath (# pieces 1-6) Not known Not known Not known | 13.11 x 11.3 null 13.1 x 16.11 null 7.6 x 5.3 null 12.1 x 10.10 null 12.1 x 10.11 null 12.1 x 11.7 null |
| Main level | Living room/Fireplace Bath (# pieces 1-6) Bedroom Bedroom Bedroom Dining nook Kitchen | 16.2 x 15.6 null 7.10 x 4.11 null 8.7 x 11.6 null 11.3 x 11 null 13.3 x 9.3 null 7.6 x 12 null 12.8 x 10.5 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,706 | $32,472 |
| Gross rental income (income/principal ratio) | 0.732% | 8.779% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $136 | $1,624 |
| Management Fee | $217 | $2,598 |
| Expense / Income Ratio | 17.11% | 17.11% |
| Cash Flow | $1,892 | $22,704 |
| Net Operating Income (NOI) | $1,892 | $22,704 |
| Capitalization Rate | 0.51% | 6.14% |
