About the property (MLS: 1286737):
1,472 sq ft 3 bedroom bungalow located 700 meters from Memorial University! Rectangular landscaped 6600+ sq ft lot with mature trees, paved driveway, deck & shrubs. Fireplace in Living Room not WETT Certified. Roof re-shingled Dec 2015. All new electrical wiring with 200 amp panel (Sept 2021). Single car garage. Basement has a lower ceiling with some development. Oil furnace & oil tank removed & new electric furnace installed Sept 2023 (some cast iron radiators). GEMTEC “Record of Site Condition Report” discloses approval from Dept of Municipal Affairs and Environment on April 29, 2025. Property is dated and needs renovations. (id:56688)
Property Details
Listing ID: 28493890
Address: 154 Elizabeth Avenue, St.John's, Newfoundland & Labrador, Canada A1B1S6
Status: Active
Last updated: 16 days ago ( Jun 24, 2025 )
Year Built: 1955
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 1,472 square feet
Price per sq ft: $204
Tax Annual Amount: $2,851
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 8
Rurl
Coordinates: [47.577158, -52.721782]
Rooms
Main level | Porch Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Dining room Family room/Fireplace Kitchen | 6.5 X 4 null 3 piece null 13.6 X 7.6 null 10.6 X 10.4 null 14.5 X 13 null 12 X 12 null 15 x 19 null 10 X 13 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,620 | $19,440 |
Gross rental income (income/principal ratio) | 0.540% | 6.482% |
Mortgage | $0 | $0 |
Monthly Expenses | $375 | $4,500 |
Vacancy | $81 | $972 |
Management Fee | $130 | $1,556 |
Expense / Income Ratio | 23.15% | 23.15% |
Cash Flow | $1,035 | $12,420 |
Net Operating Income (NOI) | $1,035 | $12,420 |
Capitalization Rate | 0.35% | 4.14% |