10 Miranda Street
St.John's, NL, A1B0K6
5 Beds | 5 Baths
$549,000
About the property (MLS: 1286257):
Executive Two-Storey Home with Attached Garage and Income-Generating Apartment Located on a quiet street with convenient access to all amenities, this rare find offers the perfect blend of spacious executive living and rental income potential. This beautifully designed two-storey home features a self-contained, above-ground two-bedroom apartment—ideal for generating steady rental income without compromising privacy or comfort. Step into the main floor and you’ll find a bright and spacious open-concept layout that seamlessly connects the living room, kitchen, and dining area. A half bath and a convenient laundry room complete the main level. The attached garage provides ample space for parking and additional storage for tools or equipment. Upstairs, you'll find three generously sized bedrooms, including a luxurious primary master featuring a walk-in closet and a spacious ensuite bathroom with a separate soaker tub and stand-up shower.The main unit also includes a finished basement with a two-piece bathroom and a fully wired recreation room, perfect for entertainment or a home theatre setup. The legal above-ground apartment features large windows for plenty of natural sunlight, two well-sized bedrooms, and an open-concept kitchen and living area. This unit has a strong rental history and provides excellent income potential. Whether you're looking for a comfortable family home or an investment opportunity, this property offers the best of both worlds—modern living with built-in rental income. As per sellers directive, no conveyance of offers before Sunday 6PM June22nd 2025. All offers to be open till Sunday 11PM June 22nd.2025 (id:56688)
Property Details
Listing ID: 28485036
Address: 10 Miranda Street, St.John's, Newfoundland & Labrador, Canada A1B0K6
Status: Active
Last updated: 18 days ago ( Jun 22, 2025 )
Year Built: 2014
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 5
1/2 Baths: 2
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Living Area Total: 2,809 square feet
Price per sq ft: $196
Tax Annual Amount: $3,868
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.550828, -52.78641]
Rooms
| Basement | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Living room Bedroom Recreation room | B2 null B4 null 12.4*11.6 null 10*9.8 null 12.4*11.6 null 20*13 null |
| Main level | Bath (# pieces 1-6) Living room Den Eating area Kitchen | B2 null 12.4*13.6 null 15*11.6 null 9.6*11.6 null 11.6*10.6 null |
| Second level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | B4 null B4 null 11*12.6 null 12.6*11.6 null 12*15.6 null |
Basic Calculator
First Mortgage: $439,200
Mortgage insurance premium: $0
Total Financing: $439,200
Rough closing fee (1.5%): ~ $8,235
Total downpayment with estimated closing fee: $118,035
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,090 | $37,080 |
| Gross rental income (income/principal ratio) | 0.563% | 6.754% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $687 | $8,244 |
| Vacancy | $155 | $1,854 |
| Management Fee | $248 | $2,967 |
| Expense / Income Ratio | 22.23% | 22.23% |
| Cash Flow | $2,002 | $24,024 |
| Net Operating Income (NOI) | $2,002 | $24,024 |
| Capitalization Rate | 0.36% | 4.38% |
