1-3 Prospect Street
St.John's, NL, A1C1C3
$359,000
About the property (MLS: 1286522):
A terrific mix of commercial and residential in this charming downtown property. Lovely facade with clapboard exterior and corbels lining the upper part of the building. The studio space of this redesigned property has a bright, inviting 1200 sq. ft. open area on the second floor plus a large foyer with two washrooms on the main level. The Yoga Room has been conducting classes here for the last 25 years.[ The Yoga Room Brand/business is not a part of the sale] With hardwood floors throughout and an abundance of natural light this space is ideal for yoga, dance, pilates or art classes. As well as a host of other endeavors including retail or office space. In addition there is a large storage area with outside access. The residential component consists of a spacious registered two bedroom apartment with separate meter. This is a mostly open concept with gleaming hardwood floors. The unit has its own laundry facility and all major appliances are included. Note-The long term tenants wish to stay on. Also there have been several recent upgrades to the exterior of the property. [Call Wayne for more details.] Undoubtedly there are endless possibilities for this unique property and its fabulous location. (id:56688)
Property Details
Listing ID: 28498222
Address: 1-3 Prospect Street, St.John's, Newfoundland & Labrador, Canada A1C1C3
Status: Active
Last updated: 17 days ago ( Jun 25, 2025 )
Property Type: Other
Structure Type: Other
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Heating: Baseboard heaters, Electric
Flooring: Hardwood
Tax Annual Amount: $5,519
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Electric
Flooring: Hardwood
Common Interest: Freehold
Business Type: Other
Number of photos available: 16
Rurl
Coordinates: [47.5682, -52.704244]
Rooms
Basic Calculator
First Mortgage: $287,200
Mortgage insurance premium: $0
Total Financing: $287,200
Rough closing fee (1.5%): ~ $5,385
Total downpayment with estimated closing fee: $77,185
Investment Calculator:
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| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
