69 Watson Street
St. John's, NL, A1A3J7
3 Beds | 1 Bath
$199,900
About the property (MLS: 1286674):
Pre Inspected with a New Roof! Welcome to 69 Watson Street. This well maintained, affordable 3 bedroom home is ideal for first time home buyers or savvy investors. Step inside to discover a generously sized kitchen, and a large living room that is ideal for entertaining. The rear yard is fully fenced and home to a mature cherry tree. The bedrooms are generously sized, with the primary bedroom on the top floor for bonus extra privacy. The rec room is completed with the bonus of a built in bar! The property itself is in an ideal location on a bus route for K-12 schools, close to major shopping amenities, and metro bus route. Already inspected, with a new roof, this home is stress free and move-in ready waiting for its new owners. As per seller directions re offers there will be no conveyance of any written signed offers prior to 2pm Thursday June 26. All offers to remain open for acceptance until 6pm. (id:56688)
Property Details
Listing ID: 28500188
Address: 69 Watson Street, St. John's, Newfoundland & Labrador, Canada A1A3J7
Status: Active
Last updated: 21 days ago ( Jun 20, 2025 )
Year Built: 1970
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Fencing: Fence
Living Area Total: 1,320 square feet
Price per sq ft: $152
Tax Annual Amount: $2,166
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: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Wood shingles, Brick, Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.595664, -52.687424]
Rooms
| Third level | Bath (# pieces 1-6) Primary Bedroom | 6'9"" x 4'5"" null 13'2"" x 11'7"" null |
| Second level | Bedroom Bedroom Other | 10'0"" x 14'1"" null 9'7"" x 10'5"" null 4'7"" x 11'10"" null |
| Lower level | Recreation room Living room | 14'10"" x 16'4"" null 19'4"" x 16'4"" null |
| Basement | Utility room | 13'2"" x 11'7"" null |
| Main level | Kitchen | 19'4"" x 11'7"" null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,453 | $17,436 |
| Gross rental income (income/principal ratio) | 0.727% | 8.722% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $73 | $872 |
| Management Fee | $117 | $1,395 |
| Expense / Income Ratio | 17.21% | 17.21% |
| Cash Flow | $1,015 | $12,180 |
| Net Operating Income (NOI) | $1,015 | $12,180 |
| Capitalization Rate | 0.51% | 6.09% |
