About the property (MLS: 1286636):
Welcome to 90 Mayor Avenue . A Gem in the Heart of Centre City, St. John’s! Ideally located within walking distance to Memorial University, downtown, and major shopping areas, this charming corner lot home offers a fantastic opportunity as an investment rental, a perfect starter home, or a smart option for anyone looking to downsize. With plenty of parking, convenience is built right in. Enjoy outdoor living on the private back deck, ideal for BBQs and gatherings, which extends to a wired shed for added storage or hobby space. Step through the back entrance into a bright and spacious eat-in kitchen with ample cabinetry. Just off the kitchen, you'll find a convenient laundry area with a stacked washer and dryer. Down the hall, hardwood flooring flows throughout. The home features a 3 pc bathroom and two comfortable bedrooms, including a primary bedroom with a deep double closet. At the front of the home, the light-filled living room offers a cozy space perfect for relaxing or hosting movie nights. Don’t miss your chance to own this well located, low maintenance home in the heart of the city! (id:56688)
Property Details
Listing ID: 28485335
Address: 90 Mayor Avenue, S. John's, Newfoundland & Labrador, Canada A1C4P9
Status: Active
Last updated: 18 days ago ( Jun 22, 2025 )
Year Built: 1972
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,133 square feet
Price per sq ft: $239
Tax Annual Amount: $2,105
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Forced air, Oil
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.56725, -52.721228]
Rooms
Main level | Laundry room Bedroom Primary Bedroom Living room Kitchen | 8.60X8.00 null 7.60X12.00 null 9.00X11.30 null 9.70X19.60 null 12.00X14.00 null |
Basic Calculator
First Mortgage: $215,920
Mortgage insurance premium: $0
Total Financing: $215,920
Rough closing fee (1.5%): ~ $4,049
Total downpayment with estimated closing fee: $58,029
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,247 | $14,964 |
Gross rental income (income/principal ratio) | 0.462% | 5.544% |
Mortgage | $0 | $0 |
Monthly Expenses | $338 | $4,056 |
Vacancy | $63 | $749 |
Management Fee | $100 | $1,198 |
Expense / Income Ratio | 27.11% | 27.11% |
Cash Flow | $747 | $8,964 |
Net Operating Income (NOI) | $747 | $8,964 |
Capitalization Rate | 0.28% | 3.32% |