304 Portugal Cove Place Unit#202
St. John's, NL, A1B2N9
2 Beds | 2 Baths
$259,900
About the property (MLS: 1286507):
Welcome to this well-kept gem in a sought-after, secure 50+ adult living building! This rarely available unit offers generous living space, beautiful ground and the perfect blend of comfort and convenience. Enjoy large, open-concept living and dining areas perfect for relaxing or entertaining. This unit has Oversized windows that overlook a park like setting and each room is bathed in warm, natural light. Two bedrooms with the primary featuring large closets and your own private half bath. Located in a secure, quite building with an elevator. Enjoy peace of mind in a well managed and community oriented complex. Prime central location that is walkable to shopping, medical services, transit, parks, and more. In-suite laundry, ample storage, a separate storage unit, and dedicated parking complete the package. Don’t miss this rare opportunity to downsize without compromise. (id:56688)
Property Details
Listing ID: 28478366
Address: 304 Portugal Cove Place Unit#202, St. John's, Newfoundland & Labrador, Canada A1B2N9
Status: Active
Last updated: 20 days ago ( Jun 20, 2025 )
Year Built: 1993
Property Type: Single Family
Ownership Type: Condominium
View: View
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,010 square feet
Price per sq ft: $258
Tax Annual Amount: $918
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters
Flooring: Other
Exterior Features: Wood shingles, Brick, Vinyl siding
Common Interest: Condo/Strata
Association Fee: 415
Number of photos available: 16
Rurl
Coordinates: [47.596202, -52.727697]
Rooms
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Laundry room Bedroom Primary Bedroom Dining room Not known Living room | 2 pc full null 14 x 6 null 13 x 10 null 12 x 13 null 9 x 10 null 9 x 10 null 17 x 13 null |
Basic Calculator
First Mortgage: $207,920
Mortgage insurance premium: $0
Total Financing: $207,920
Rough closing fee (1.5%): ~ $3,899
Total downpayment with estimated closing fee: $55,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,111 | $13,332 |
| Gross rental income (income/principal ratio) | 0.427% | 5.130% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $325 | $3,900 |
| Vacancy | $56 | $667 |
| Management Fee | $89 | $1,067 |
| Expense / Income Ratio | 29.25% | 29.25% |
| Cash Flow | $642 | $7,704 |
| Net Operating Income (NOI) | $642 | $7,704 |
| Capitalization Rate | 0.25% | 2.96% |
