153 Forest Road Unit#7
St. John's, NL, A1A1E7
2 Beds | 1 Bath
$219,900
About the property (MLS: 1286561):
Welcome to this beautifully updated 2-bedroom, 1-bath condo offering unmatched value and million-dollar views of Quidi Vidi Lake. With approximately 700 sq. ft. of interior living space—and an additional 700 sq. ft. of private patio—you’ll enjoy nearly 1,400 sq. ft. of functional and scenic living. The open-concept kitchen and living room flow seamlessly together, creating a bright, airy space that overlooks the lake. Step outside onto your expansive deck—perfect for entertaining or simply enjoying the view of fireworks and special events over the water. The unit also features assigned parking conveniently located right outside the building entrance. Nature lovers will appreciate direct access to the Quidi Vidi trail, with other nearby favorites like Signal Hill and Cuckold’s Cove just minutes away. Located close to downtown St. John's, Dominion, and other essential amenities. Whether you're a first-time buyer, down sizing, or investor—this unit checks all the boxes for comfort, style, and location. (id:56688)
Property Details
Listing ID: 28485209
Address: 153 Forest Road Unit#7, St. John's, Newfoundland & Labrador, Canada A1A1E7
Status: Active
Last updated: 19 days ago ( Jun 22, 2025 )
Year Built: 1972
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 690 square feet
Price per sq ft: $319
Tax Annual Amount: $1,539
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 315
Number of photos available: 18
Rurl
Coordinates: [47.577545, -52.692477]
Rooms
| Main level | Bath (# pieces 1-6) Primary Bedroom Living room Bedroom Dining room Kitchen | 9x4 null 11.3x9 null 13.3x12 null 9x6.9 null 8x7.2 null 7x6 null |
Basic Calculator
First Mortgage: $175,920
Mortgage insurance premium: $0
Total Financing: $175,920
Rough closing fee (1.5%): ~ $3,299
Total downpayment with estimated closing fee: $47,279
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $760 | $9,120 |
| Gross rental income (income/principal ratio) | 0.346% | 4.147% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $275 | $3,300 |
| Vacancy | $38 | $456 |
| Management Fee | $61 | $730 |
| Expense / Income Ratio | 36.18% | 36.18% |
| Cash Flow | $387 | $4,644 |
| Net Operating Income (NOI) | $387 | $4,644 |
| Capitalization Rate | 0.18% | 2.11% |
