About the property (MLS: 1286308):
Welcome to this stunning and spacious 2-apartment home located in the highly desirable neighborhood of Airport Heights. Perfectly suited for homeowners and investors alike, this property offers modern comfort, income potential, and an unbeatable location. The main unit features a bright and airy open-concept living space that's ideal for entertaining. With three generously sized bedrooms, there’s room for the whole family. The primary bedroom is a true retreat, complete with a large walk-in closet and a private ensuite. The lower level offers additional storage, plus a versatile rec room or gym area—ideal for active lifestyles or cozy movie nights. The spacious apartment boasts two well-sized bedrooms, a large kitchen and dining area, and a comfortable living space. Whether you’re looking to generate rental income or accommodate extended family, this unit is a fantastic bonus. Situated on a well-maintained lot in a family-friendly area, this home combines functionality, flexibility, and lasting value. Don’t miss your chance to own this beautiful property in one of the city’s most popular neighborhoods! No conveyance of offers until 2 PM on June 16, 2025, offers to remain open until 7PM June 16, 2025 as per sellers directive. (id:56688)
Property Details
Listing ID: 28450289
Address: 11 Galaxy Crescent, St. John's, Newfoundland & Labrador, Canada A1A0E6
Status: Active
Last updated: a month ago ( Jun 11, 2025 )
Year Built: 2010
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: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,600 square feet
Price per sq ft: $181
Tax Annual Amount: $3,157
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.608212, -52.762026]
Rooms
Basement | Recreation room Not known Not known Not known Not known | 13 x 10.9 null 10.6 x 11.9 null 11 x 11 null 11.9 x 12.2 null 12.4 x 14.1 null |
Main level | Bedroom Bedroom Primary Bedroom Kitchen Living room/Dining room | 10.2 x 11.3 null 11 x 10.2 null 15.1 x 12.2 null 14.3 x 15 null 15.5 x 18.2 null |
Basic Calculator
First Mortgage: $375,920
Mortgage insurance premium: $0
Total Financing: $375,920
Rough closing fee (1.5%): ~ $7,049
Total downpayment with estimated closing fee: $101,029
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,861 | $34,332 |
Gross rental income (income/principal ratio) | 0.609% | 7.306% |
Mortgage | $0 | $0 |
Monthly Expenses | $588 | $7,056 |
Vacancy | $144 | $1,717 |
Management Fee | $229 | $2,747 |
Expense / Income Ratio | 20.55% | 20.55% |
Cash Flow | $1,902 | $22,824 |
Net Operating Income (NOI) | $1,902 | $22,824 |
Capitalization Rate | 0.40% | 4.86% |