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TelephoneEmail6 Leonard Place, St. John's, Newfoundland & Labrador, Canada A1A4Z2

6 Leonard Place

St. John's, NL, A1A4Z2

location

3 Beds | 1 Bath

$94,900

6 Leonard Place St. John's Newfoundland & Labrador Canada A1A4Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Leonard Place St. John's Newfoundland & Labrador Canada A1A4Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Leonard Place St. John's Newfoundland & Labrador Canada A1A4Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Leonard Place St. John's Newfoundland & Labrador Canada A1A4Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Leonard Place St. John's Newfoundland & Labrador Canada A1A4Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1286457):

Welcome to 6 Leonard Place—a rare opportunity tucked into a quiet cul-de-sac in the East End of St. John’s. The structure is not habitable, there is no interior access, and the cost of repair is reflected in the aggressive $94,900 list price—below what vacant land trades for in this neighbourhood. But for the right buyer, that’s where the value starts. Whether you're a builder, flipper, investor, or future homeowner with vision, this lot offers a rare blank slate in a location that has it all—great schools, mature trees, long-term neighbours, and walking access to parks, shopping, and amenities. Just minutes from Roncalli Elementary, Stavanger Drive, and the vibrant downtown core, the East End is one of the most desirable areas in the city for good reason. Hold and build later, or roll right into development with a plan that fits your goals. Municipal permits for demo and construction will be required, and the property is being sold strictly as-is, where-is. But for those willing to take on the project, this could be your chance to create something special—from the ground up—in one of the city’s most stable and sought-after markets. Bring your ideas, your crew, and your vision. With the right approach, 6 Leonard Place could become the foundation for your next great move. (id:56688)

Property Details
MLS: 1286457
Listing ID: 28464511
Address: 6 Leonard Place, St. John's, Newfoundland & Labrador, Canada A1A4Z2
Status: Active
Last updated: 25 days ago ( Jun 16, 2025 )
Year Built: 1970
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,150 square feet
Price per sq ft: $83
Tax Annual Amount: $1,417
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.612108, -52.727704]

Rooms

Main level
Bedroom
Primary Bedroom
Living room
Bedroom
Dining room
Kitchen
16'4"" x 8'0"" null
13'8"" x 8'5"" null
12'6"" x 11'2"" null
9'5"" x 9'3"" null
10'0"" x 9'3"" null
11'2"" x 7'5"" null

Basic Calculator



First Mortgage: $75,920

Mortgage insurance premium: $0

Total Financing: $75,920

Rough closing fee (1.5%): ~ $1,424

Total downpayment with estimated closing fee: $20,404

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,265$15,180
Gross rental income (income/principal ratio)1.333%15.996%
Mortgage$0$0
Monthly Expenses$119$1,428
Vacancy$64$759
Management Fee$102$1,215
Expense / Income Ratio9.41%9.41%
Cash Flow$982$11,784
Net Operating Income (NOI)$982$11,784
Capitalization Rate1.03%12.42%
Capitalization Rate: 12.42%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $135,572