About the property (MLS: 1286499):
Welcome to this spacious and versatile property offering a beautifully maintained main home along with a bright, self-contained apartment—ideal for rental income or multigenerational living. The main level boasts an open-concept layout with soaring cathedral ceilings and a large, well-designed kitchen perfect for both everyday living and entertaining. The primary bedroom features a generous walk-in closet and a private ensuite complete with a corner shower. Two additional oversized bedrooms and a well-appointed four-piece bathroom provide ample space for a growing family. A cozy recroom adds even more flexibility to the home’s layout.The apartment offers its own private entrance, 9-foot ceilings, a spacious kitchen with stainless steel appliances, a large living area, two comfortable bedrooms, and a four-piece bathroom with convenient in-suite laundry. Whether used as a rental or guest suite, this space offers excellent potential. Located within walking distance to schools and close to parks, trails, shopping, the Trans-Canada Highway, and the airport, this home offers the perfect blend of comfort and convenience. Outside, enjoy a massive deck ideal for outdoor entertaining, a wired garage with great detail and power, and two dedicated driveways. The exterior was updated approximately five to six years ago, with shingles replaced around ten years ago. With approximately 2,300 square feet in the main home, 1,100 square feet in the apartment, and an additional 200 square feet of storage, this property offers generous space inside and out. Don’t miss out on this fantastic home—schedule your viewing today! There will be no conveyance of any written offer prior to 12:00 PM on the 23 day of June 2025. Offers to remain open for acceptance until 4:00 PM on the 23 day of June 2025. (id:56688)
Property Details
Listing ID: 28485337
Address: 5 Cambridge Avenue, St. John's, Newfoundland & Labrador, Canada A1A3N5
Status: Active
Last updated: 19 days ago ( Jun 23, 2025 )
Year Built: 1977
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 2,852 square feet
Price per sq ft: $169
Tax Annual Amount: $3,602
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave, Cooktop, Oven - Built-In
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 45
Rurl
Coordinates: [47.602866, -52.695467]
Rooms
Lower level | Bedroom Bedroom Bath (# pieces 1-6) Not known Not known | 14.11 x 8.05 null 14.09 x 11.01 null 8.08 x 9.00 null 13.01 x 17.00 null 12.05 x 10.00 null |
Third level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 6.04 x 7.08 null 10.10 x 11.10 null 10.11 x 10.01 null 6.07 x 7.04 null 10.10 x 15.11 null |
Second level | Hobby room Family room | 10.07 x 17.01 null 14.05 x 15.05 null |
Main level | Living room Not known | 13.05 x 19.02 null 13.05 x 18.10 null |
Basic Calculator
First Mortgage: $383,920
Mortgage insurance premium: $0
Total Financing: $383,920
Rough closing fee (1.5%): ~ $7,199
Total downpayment with estimated closing fee: $103,179
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,138 | $37,656 |
Gross rental income (income/principal ratio) | 0.654% | 7.847% |
Mortgage | $0 | $0 |
Monthly Expenses | $600 | $7,200 |
Vacancy | $157 | $1,883 |
Management Fee | $252 | $3,013 |
Expense / Income Ratio | 19.12% | 19.12% |
Cash Flow | $2,131 | $25,572 |
Net Operating Income (NOI) | $2,131 | $25,572 |
Capitalization Rate | 0.44% | 5.33% |