96 Oxen Pond Road
St. John's, NL, A1B3J7
5 Beds | 3 Baths
$359,000
About the property (MLS: 1286331):
Don’t miss this exceptional opportunity to own a two-apartment home on a desirable corner lot in a prime location of St. John’s! Just steps from MUN, Avalon Mall, and the Health Science Center, this property is situated in a highly desirable area! Surrounded by mature trees, the property features modern siding and a fully fenced backyard, offering both privacy and charm! The main floor unit boasts 3 spacious bedrooms, plus a laundry room, half bath, and office/den in the basement. The bright open-concept 2-bedroom apartment has its own private driveway, ground-level entrance, and patio. With electric heat, fresh paint in both units, siding, electrical, and windows all in the last 10 years, this property comes with little maintenance to ensure maximum income generated! Both units are also currently rented to solid tenants who would like to stay long-term if possible! As per the Sellers Directive, there will be no conveyance of any written offers prior to 5pm on June 16, 2025 and all offers are to remain open for consideration until 9pm on June 16, 2025 (id:56688)
Property Details
Listing ID: 28456542
Address: 96 Oxen Pond Road, St. John's, Newfoundland & Labrador, Canada A1B3J7
Status: Active
Last updated: a month ago ( Jun 12, 2025 )
Year Built: 1964
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 1,204 square feet
Price per sq ft: $299
Tax Annual Amount: $3,851
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.5653, -52.751824]
Rooms
| Basement | Bath (# pieces 1-6) | 2PC null |
| Main level | Primary Bedroom Bath (# pieces 1-6) Kitchen Dining room Bedroom Living room | 11x14 null 4PC null 12x11 null 12.5x9.5 null 11x9 null 11.5x19.5 null |
Basic Calculator
First Mortgage: $287,200
Mortgage insurance premium: $0
Total Financing: $287,200
Rough closing fee (1.5%): ~ $5,385
Total downpayment with estimated closing fee: $77,185
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,325 | $15,900 |
| Gross rental income (income/principal ratio) | 0.369% | 4.429% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $449 | $5,388 |
| Vacancy | $67 | $795 |
| Management Fee | $106 | $1,272 |
| Expense / Income Ratio | 33.89% | 33.89% |
| Cash Flow | $704 | $8,448 |
| Net Operating Income (NOI) | $704 | $8,448 |
| Capitalization Rate | 0.20% | 2.35% |
