About the property (MLS: 1286567):
Waterford Valley, Old Topsail Rd, The Avalon Terrance is where you'll find this nugget of joy. 153 Topsail Rd, smack dab in the middle of one of the best 'hoods in St John's. Micro-climate status, quite neighborhood, street calming road humps, loads of kids, St Mary's School, 15 minute walk to downtown and all downhill by the way- I'd suggest a taxi back !! Here's a project for a brand new family, a wicked retirement home, a fantastic rental property. With some love and care, this 2 bedroom home could be converted into a 3-4 bedroom,2 bath stunner of a home. Mature trees, a sweet little garden front and back will transform into your oasis !!! House is sold on a "as is where is "status. Sellers Direction implies no offers will be presented until June 23 at 4pm and all offers to be left open until 8 pm June 23 2025. All measurements to be verified by purchaser (id:56688)
Property Details
Listing ID: 28485012
Address: 153 Topsail Road, St. John's, Newfoundland & Labrador, Canada A1E2B2
Status: Active
Last updated: 21 days ago ( Jun 19, 2025 )
Year Built: 1960
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1.5
Number of Levels: 1.5
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Partially fenced
Living Area Total: 1,613 square feet
Price per sq ft: $124
Tax Annual Amount: $1,589
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.542507, -52.731803]
Rooms
Second level | Bedroom Bedroom | 12x12 null 15x9 null |
Main level | Bath (# pieces 1-6) Den Kitchen Living room Dining room | 3pc 8x11 null 11.6x9 null 15.6x11.6 null 11x11 null |
Basement | Storage | 29x23 null |
Basic Calculator
First Mortgage: $160,000
Mortgage insurance premium: $0
Total Financing: $160,000
Rough closing fee (1.5%): ~ $3,000
Total downpayment with estimated closing fee: $43,000
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,775 | $21,300 |
Gross rental income (income/principal ratio) | 0.887% | 10.650% |
Mortgage | $0 | $0 |
Monthly Expenses | $250 | $3,000 |
Vacancy | $89 | $1,065 |
Management Fee | $142 | $1,704 |
Expense / Income Ratio | 14.08% | 14.08% |
Cash Flow | $1,295 | $15,540 |
Net Operating Income (NOI) | $1,295 | $15,540 |
Capitalization Rate | 0.65% | 7.77% |