About the property (MLS: 1286056):
Ideally located near the University, Hospital, and all major amenities, this well-maintained two-apartment home sits on an oversized, extra-deep lot. The main unit features three bedrooms, with primary bedroom walk in closet and a 3-piece ensuite bath, an additional half bath, and a family room on the lower level. The basement apartment offers two bedrooms, providing great potential for rental income. All major appliances are included. Please note: As per the Seller's Directive, no offers will be reviewed before Monday, June 9 at 4:00 PM, and all offers to remain open until 9:00 PM on June 9. (id:56688)
Property Details
Listing ID: 28429925
Address: 6 Rotary Drive, St. John's, Newfoundland & Labrador, Canada A1E0B9
Status: Active
Last updated: 4 days ago ( Jun 8, 2025 )
Year Built: 2009
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 2,208 square feet
Price per sq ft: $204
Tax Annual Amount: $3,200
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.550807, -52.750988]
Rooms
Basement | Porch Laundry room Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen Family room Bath (# pieces 1-6) | 4.8 x 9 null 6 x 6 null 6.6 x 6 null 4 pc 11 x 9 null 11 x 11 null 12.6 x 11 null 9 x 15 null 11 x 12 null 2 pc |
Main level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Living room/Dining room Kitchen | 4 pc 3 pc 12 x 9 null 11 x 9 null 11 x 13 null 23 x 11 null 12 x 11 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,429 | $29,148 |
Gross rental income (income/principal ratio) | 0.540% | 6.479% |
Mortgage | $0 | $0 |
Monthly Expenses | $563 | $6,756 |
Vacancy | $122 | $1,458 |
Management Fee | $195 | $2,332 |
Expense / Income Ratio | 23.18% | 23.18% |
Cash Flow | $1,551 | $18,612 |
Net Operating Income (NOI) | $1,551 | $18,612 |
Capitalization Rate | 0.34% | 4.14% |