About the property (MLS: 1286573):
Welcome to 39 Hazelwood Crescent, a fantastic opportunity to own a well-maintained 2-apartment home in one of St. John's most desirable neighborhoods. Ideally located just footsteps from Hazelwood Elementary and only minutes to downtown and Signal Hill, and just a quick 10-minute drive to Costco—this location is as convenient as it gets. The main unit has just undergone a fresh update, including new paint, smooth plaster finishes, and beautifully refinished hardwood floors. It truly shows like new. Inside, you'll find a formal dining room perfect for hosting family gatherings, and a massive 12x28 master bedroom complete with a private ensuite—a rare find in homes of this style. The bright and tidy one-bedroom basement apartment features a long-term tenant who wishes to stay, offering immediate rental income and added peace of mind. Whether you're looking for a home with space to grow or a smart investment with income potential, 39 Hazelwood Crescent offers both—right in the heart of the city. As per sellers direction there will be NO CONVEYANCE OF ANY WRITTEN SIGNED OFFERS prior to 12pm June 21 and all offers must be left open until 5PM June 21st (id:56688)
Property Details
Listing ID: 28487566
Address: 39 Hazelwood Crescent, St John's, Newfoundland & Labrador, Canada A1E6B3
Status: Active
Last updated: 22 days ago ( Jun 18, 2025 )
Year Built: 1999
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted, Mixed Flooring
Living Area Total: 2,736 square feet
Price per sq ft: $159
Tax Annual Amount: $3,148
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Carpeted, Mixed Flooring
Exterior Features: Wood shingles
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.534128, -52.74278]
Rooms
Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom | 6x10 null 12x28 null 10x12 null 14x16 null |
Main level | Eating area Office Dining room Kitchen | 10x7 null 10x12 null 14x11 null 16x14 null |
Basement | Recreation room Not known Not known | 14x20 null 11x12 null 11x12 null |
Basic Calculator
First Mortgage: $347,200
Mortgage insurance premium: $0
Total Financing: $347,200
Rough closing fee (1.5%): ~ $6,510
Total downpayment with estimated closing fee: $93,310
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,010 | $36,120 |
Gross rental income (income/principal ratio) | 0.694% | 8.323% |
Mortgage | $0 | $0 |
Monthly Expenses | $543 | $6,516 |
Vacancy | $151 | $1,806 |
Management Fee | $241 | $2,890 |
Expense / Income Ratio | 18.04% | 18.04% |
Cash Flow | $2,076 | $24,912 |
Net Operating Income (NOI) | $2,076 | $24,912 |
Capitalization Rate | 0.48% | 5.74% |