43 Rotary Drive
St. John's, NL, A1E0C2
5 Beds | 3 Baths
$459,900
About the property (MLS: 1286583):
A high-performing two-apartment investment property available for quick possession. This opportunity features a total of 5 bedrooms and 3 full bathrooms, including a spacious lower-level family room exclusive to the main unit. Both units offer open-concept layouts designed for modern living. The bright, above-ground basement apartment provides excellent natural light and functionality. All major appliances are included. (id:56688)
Property Details
MLS: 1286583
Listing ID: 28491347
Address: 43 Rotary Drive, St. John's, Newfoundland & Labrador, Canada A1E0C2
Status: Active
Last updated: 18 days ago ( Jun 23, 2025 )
Year Built: 2012
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Ceramic Tile
Living Area Total: 2,215 square feet
Price per sq ft: $208
Tax Annual Amount: $3,071
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 25
Rurl
Coordinates: [47.548774, -52.751956]
Listing ID: 28491347
Address: 43 Rotary Drive, St. John's, Newfoundland & Labrador, Canada A1E0C2
Status: Active
Last updated: 18 days ago ( Jun 23, 2025 )
Year Built: 2012
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Ceramic Tile
Living Area Total: 2,215 square feet
Price per sq ft: $208
Tax Annual Amount: $3,071
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 25
Rurl
Coordinates: [47.548774, -52.751956]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Bedroom Not known Living room Family room | 4 Piece null 13.9 x 8.9 null 13 x 12.8 null 14.6 x 12.10 null 14.6 x 10.2 null 14.4 x 10 null |
| Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Porch Not known Living room | 3 Piece null 4 Piece null 9.11 x 8 null 10.10 x 8.6 null 13.5 x 11.5 null 3 x 5 null 17.3 x 12 null 16 x 13.8 null |
Basic Calculator
First Mortgage: $367,920
Mortgage insurance premium: $0
Total Financing: $367,920
Rough closing fee (1.5%): ~ $6,899
Total downpayment with estimated closing fee: $98,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,437 | $29,244 |
| Gross rental income (income/principal ratio) | 0.530% | 6.359% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $575 | $6,900 |
| Vacancy | $122 | $1,463 |
| Management Fee | $195 | $2,340 |
| Expense / Income Ratio | 23.59% | 23.59% |
| Cash Flow | $1,546 | $18,552 |
| Net Operating Income (NOI) | $1,546 | $18,552 |
| Capitalization Rate | 0.34% | 4.03% |
Capitalization Rate: 4.03%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $657,000
