31 Edison Place
St.John's, NL, A1E6J1
2 Beds | 2 Baths
$299,500
About the property (MLS: 1286032):
Location! Location! 31 Edison Place is a semi-detached duplex neatly tucked into a family friendly, affordable neighbourhood on a cul-de-sac just step aways from local trails, Bowring Park, Lester's Farm in the west end of the city. The main floor features an oak kitchen with backsplash, living room, primary bedroom with double closet, second bedroom has patio door, and main bath with ceramic tile. The lower level features an awesome 13x20 attached garage, a sizeable bonus room that could be used as a family room/den or 3rd bedroom, second full bathroom, and laundry room. The shingles were completed in 2023. An affordable home in a great area, call your agent today before this one is sold! No conveyance of written offers prior to 6pm on Monday, June 9th, 2025. The seller further directs that all offers are to remain open until 10pm on June 9th, 2025. (id:56688)
Property Details
Listing ID: 28428883
Address: 31 Edison Place, St.John's, Newfoundland & Labrador, Canada A1E6J1
Status: Active
Last updated: 6 days ago ( Jun 6, 2025 )
Year Built: 2004
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,560 square feet
Price per sq ft: $192
Tax Annual Amount: $1,976
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.521937, -52.767335]
Rooms
| Lower level | Laundry room Not known Bath (# pieces 1-6) Not known | . null . null FULL null 13x20 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Not known Porch Living room | Full null 10x9.4 null 13x10.6 null 11x20 null 5x7 null 13x11.6 null |
Basic Calculator
First Mortgage: $239,600
Mortgage insurance premium: $0
Total Financing: $239,600
Rough closing fee (1.5%): ~ $4,493
Total downpayment with estimated closing fee: $64,393
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,717 | $20,604 |
| Gross rental income (income/principal ratio) | 0.573% | 6.879% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $86 | $1,031 |
| Management Fee | $138 | $1,649 |
| Expense / Income Ratio | 21.84% | 21.84% |
| Cash Flow | $1,119 | $13,428 |
| Net Operating Income (NOI) | $1,119 | $13,428 |
| Capitalization Rate | 0.37% | 4.48% |
