10 Catherine Street
St. John's, NL, A1C2R3
4 Beds | 3 Baths
$299,900
About the property (MLS: 1286405):
An excellent opportunity for investors!! This well-maintained home features 4 bedrooms plus a bonus room and 3 full bathrooms, with a shared (accessible) kitchen & laundry setup that’s ideal for rental use. The property is currently occupied by four reliable long-term tenants who are eager to stay, providing immediate and stable rental income! *** Significant renovations over the years, including: *** *2009: Upgraded water and sewer lines to the main *2017–2020: New front windows, siding, trim, and flooring throughout the main level and bedrooms *2020: Rebuilt rear foundation, updated plumbing and electrical, added wheelchair accessibility, and installed a roll-in shower *2022: Remaining windows replaced ***Investor-Friendly Features*** *Long-term tenants in place *Shared living layout for maximized rental income *Accessibility features appeal to a wider range of tenants *Most furnishings included (excluding tenant-owned items)—full inventory available upon request Don't miss out on this opportunity! (id:56688)
Property Details
Listing ID: 28478569
Address: 10 Catherine Street, St. John's, Newfoundland & Labrador, Canada A1C2R3
Status: Active
Last updated: 24 days ago ( Jun 17, 2025 )
Year Built: 1990
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,899 square feet
Price per sq ft: $158
Tax Annual Amount: $2,256
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Stove, Dryer, Microwave, See remarks
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding, Other
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.569241, -52.710015]
Rooms
| Main level | Bath (# pieces 1-6) Not known | 8 x 4 null 15.4 x 11.4 null |
| Third level | Bath (# pieces 1-6) Bedroom Bedroom | 8 x 4 null 19.4 x 11.2 null 12.3 x 11.4 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 8 x 4 null 19.4 x 11.2 null 12.3 x 13.1 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,089 | $25,068 |
| Gross rental income (income/principal ratio) | 0.697% | 8.359% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $105 | $1,254 |
| Management Fee | $168 | $2,006 |
| Expense / Income Ratio | 17.95% | 17.95% |
| Cash Flow | $1,443 | $17,316 |
| Net Operating Income (NOI) | $1,443 | $17,316 |
| Capitalization Rate | 0.48% | 5.77% |
