About the property (MLS: 1286558):
Fully developed three storey home ideally located on a one-way street in an established downtown west neighborhood. Extensively renovated over the years, this 3 bed, 2.5 bath character home would be ideal as an investment property with its proximity to the downtown St. John's core. The main floor features hardwood flooring, living room with wood burning fireplace (recently WETT inspected, 2019) updated and bright eat-in kitchen with new backsplash and flooring, new carpet on the stairs to the second level which has an updated bathroom, 1 bedroom with recently exposed and refinished softwood plank flooring and a 2nd bedroom with brand new softwood plank flooring. The 3rd level is a full primary suite with all original softwood flooring, 3 piece ensuite and an extra room off the primary for sitting area, home office or could be easily converted to a 4th bedroom. The basement is fully developed with a half bath & laundry space as well as a bright rec room area that has walkout access to the huge back patio. Some of the other recent upgrades include; new 200 amp electrical and full air source heat pump for energy efficient heating and cooling throughout in 2023, new siding and insulation at the back in 2021/22, hot water boiler in 2024, PEX plumbing & new light fixtures, trim and fully painted throughout in 2025. Within walking distance to parks, Lakecrest Academy, and all of downtown St. John's amenities and quick access to Pitts Memorial Drive. (id:56688)
Property Details
Listing ID: 28478883
Address: 99 Pleasant Street, St. John's, Newfoundland & Labrador, Canada A1E1L5
Status: Active
Last updated: 15 days ago ( Jun 25, 2025 )
Year Built: 1942
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Heat Pump
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Other
Living Area Total: 2,128 square feet
Price per sq ft: $179
Tax Annual Amount: $2,673
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
Foundation Details: Concrete
Heating: Heat Pump
Flooring: Hardwood, Carpeted, Other
Exterior Features: Wood, Vinyl siding
Cooling: Central air conditioning
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.55664, -52.716723]
Rooms
Basement | Laundry room Bath (# pieces 1-6) Recreation room | 11'5x7/9 null 2pc 17'8x11'1 null |
Third level | Office Primary Bedroom Ensuite | 10'2x10'2 null 11'1x11'1 null 3pc |
Second level | Bedroom Bedroom Bath (# pieces 1-6) | 11'10x10'1 null 13'11x12'10 null 4pc |
Main level | Living room/Fireplace Not known | 14'1x11'11 null 12'7x11'10 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,341 | $28,092 |
Gross rental income (income/principal ratio) | 0.616% | 7.395% |
Mortgage | $0 | $0 |
Monthly Expenses | $475 | $5,700 |
Vacancy | $118 | $1,405 |
Management Fee | $188 | $2,248 |
Expense / Income Ratio | 20.29% | 20.29% |
Cash Flow | $1,562 | $18,744 |
Net Operating Income (NOI) | $1,562 | $18,744 |
Capitalization Rate | 0.41% | 4.93% |