47 Great Eastern Avenue
St. John's, NL, A1B0A5
5 Beds | 4 Baths
$459,900
About the property (MLS: 1286394):
Welcome to 47 Great Eastern Avenue, a beautifully maintained two-apartment home in the heart of sought-after Kenmount Terrace. Just moments from shopping, restaurants, bus routes, hospitals, the Avalon Mall, and MUN, this prime location offers unbeatable convenience.The bright, open-concept main floor features a spacious living room, dining area, and a stylish kitchen with centre island. The main level also includes three generously sized bedrooms, including a primary suite with a walk-in closet and private ensuite.The fully developed lower level adds even more space with a large rec room, a convenient powder room, and laundry area. Meanwhile, the self-contained two-bedroom basement apartment offers a comfortable living room, eat-in kitchen, full bath, and its own laundry—ideal for rental income or extended family living.Whether you're a savvy investor or a homeowner looking to offset your mortgage, this property is the perfect fit thanks to its income-generating basement apartment. There is also a shed in the backyard for extra storage and seasonal items. Sellers Direction in place with no conveyance of offers prior to 8pm Sunday June 15th. (id:56688)
Property Details
Listing ID: 28458955
Address: 47 Great Eastern Avenue, St. John's, Newfoundland & Labrador, Canada A1B0A5
Status: Active
Last updated: a month ago ( Jun 12, 2025 )
Year Built: 2007
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,420 square feet
Price per sq ft: $191
Tax Annual Amount: $3,129
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Baseboard heaters
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.549007, -52.79267]
Rooms
| Basement | Bedroom Not known Not known Not known Not known Laundry room Bath (# pieces 1-6) Family room | 4pcs 13 x 11'4 null 13 x 10'4 null 9.6 x 11 null 10'6 x 12 null 3 x 5 null 2pcs 11'6 x 20 null |
| Main level | Ensuite Primary Bedroom Bath (# pieces 1-6) Bedroom Bedroom Kitchen Living room | 4pcs 12 x 12 null 4pcs 10 x 9 null 8'6 x 10'6 null 14 x 16 null 12 x 18 null |
Basic Calculator
First Mortgage: $367,920
Mortgage insurance premium: $0
Total Financing: $367,920
Rough closing fee (1.5%): ~ $6,899
Total downpayment with estimated closing fee: $98,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,662 | $31,944 |
| Gross rental income (income/principal ratio) | 0.579% | 6.946% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $575 | $6,900 |
| Vacancy | $134 | $1,598 |
| Management Fee | $213 | $2,556 |
| Expense / Income Ratio | 21.60% | 21.60% |
| Cash Flow | $1,741 | $20,892 |
| Net Operating Income (NOI) | $1,741 | $20,892 |
| Capitalization Rate | 0.38% | 4.54% |
