About the property (MLS: 1286797):
Located on the edge of downtown, nestled in beautiful mature trees is 178 Patrick Street. This home has had plenty of updates over the years but maintains its historical charms with its beautiful staircase, elevated 10ft ceilings of the era, grand fireplaces throughout and stained glass. On the main, you’ll find an enclosed entry, opening to the eye-catching staircase, with plentiful living and dining spaces as well as a recently renovated kitchen to the rear. Up the sunlit stairs lies the principal bedroom with walk-in closet and lovely ensuite, two more bedrooms and a great sized updated main bath. Downstairs on the ground level there is another large yet cosy living space that opens onto the ground floor deck, a fourth bedroom (currently an office), a half bath, updated laundry and great storage. The exterior offers many perks as well. Off-street parking in driveway for 2, a large fenced in yard lushly canopied in privacy, a two tiered deck adjacent to the house, AND another ground-level deck at the rear of the property to enjoy it all! (id:56688)
Property Details
Listing ID: 28500614
Address: 178 Patrick Street, St. John’s, Newfoundland & Labrador, Canada A1C5C4
Status: Active
Last updated: 20 days ago ( Jun 20, 2025 )
Year Built: 1900
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Other, Ceramic Tile
Fencing: Fence
Living Area Total: 2,800 square feet
Price per sq ft: $182
Tax Annual Amount: $3,202
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Carpeted, Other, Ceramic Tile
Exterior Features: Wood, Other
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.55741, -52.719662]
Rooms
Basement | Bath (# pieces 1-6) Storage Utility room Laundry room Office Family room | 6.5x7 null 6.5x9 null 20x8 null 6.5X12 null 10x14 null 18x13 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 13x6 null 13x9 null 13x14 null 13x13 null |
Main level | Porch Kitchen Dining room Living room | 4x5 null 13x17 null 13.5X13 null 13.5X13 null |
Basic Calculator
First Mortgage: $407,200
Mortgage insurance premium: $0
Total Financing: $407,200
Rough closing fee (1.5%): ~ $7,635
Total downpayment with estimated closing fee: $109,435
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,081 | $36,972 |
Gross rental income (income/principal ratio) | 0.605% | 7.264% |
Mortgage | $0 | $0 |
Monthly Expenses | $637 | $7,644 |
Vacancy | $155 | $1,849 |
Management Fee | $247 | $2,958 |
Expense / Income Ratio | 20.68% | 20.68% |
Cash Flow | $2,044 | $24,528 |
Net Operating Income (NOI) | $2,044 | $24,528 |
Capitalization Rate | 0.40% | 4.82% |