47 Margaret's Place Unit#205
St. John's, NL, A1C0B3
2 Beds | 2 Baths
$369,900
About the property (MLS: 1286665):
This bright and beautiful two bedroom condominium is sure to impress with its executive features and excellent location! McKee's Grove Condominiums is located on Margaret's Place, near The Rooms, MUN, shopping, groceries, downtown, and Churchill Square. The building is well maintained with an elevator, a meeting room, underground parking, an exercise room, a secure storage room for each unit, and lots of open parking. The condo has a large primary bedroom with a walk in closet and an ensuite that includes a double vanity, a standing shower, and a corner jetted tub. The second bedroom is bright and close to the main bathroom. The laundry room is also a utility room, and includes an HRV. The kitchen is bright with lots of storage and a breakfast bar to the open living room and dining area. Well appointed with hardwood floors and crown mouldings, this condo is sure to impress! The fee includes common area maintenance, lawn and garden care, snow clearing, and garbage collection. This opportunity won't last long so schedule your viewing soon! (id:56688)
Property Details
Listing ID: 28486810
Address: 47 Margaret's Place Unit#205, St. John's, Newfoundland & Labrador, Canada A1C0B3
Status: Active
Last updated: 18 days ago ( Jun 23, 2025 )
Year Built: 2007
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 1,112 square feet
Price per sq ft: $333
Tax Annual Amount: $2,672
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Whirlpool, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Brick, Vinyl siding
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 390
Number of photos available: 37
Rurl
Coordinates: [47.568895, -52.719133]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Primary Bedroom Dining nook Ensuite Bedroom Kitchen Living room | 8.1 x 5.9 null 8 x 5.3 null 11.1 x 16.5 null 19.4 x 5.8 null 9.2 x 11.4 null 10 x 13 null 9 x 11.4 null 19.4 x 11.10 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,224 | $14,688 |
| Gross rental income (income/principal ratio) | 0.331% | 3.971% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $62 | $735 |
| Management Fee | $98 | $1,176 |
| Expense / Income Ratio | 37.83% | 37.83% |
| Cash Flow | $602 | $7,224 |
| Net Operating Income (NOI) | $602 | $7,224 |
| Capitalization Rate | 0.16% | 1.95% |
