About the property (MLS: 1286796):
What a unique oppportunity to live in a penthouse suite of a historic 35 York Street. With scenic views of the St. John's harbour and close to restaurants, trails, the downtown night life, whatever ilfestyle you celebrate this property is perfect. It is spacious, fully furnished, all bedding and dishes included, and has 2 entrances, 1 from the main entrance and a seperate private one from the back of the building. Below that suite you have 2 floors of office space, the main walk on the 1st floor has 2 units, one is already rented, plus a shared washroom for those units. The 2nd floor is set up with 3 offices, a reception area and shared washroom. The basement can be accessed from the back of the property or from the 1st floor unrented office space and has tons of storage. With 3900+ sq ft space combined this property offers home plus income, or perhaps you will operate your office and have a space for clients or visiting colleagues to stay a night or two and enjoy all that St. John's has to offer. (id:56688)
Property Details
Listing ID: 28513029
Address: 35 York Street, St. John's, Newfoundland & Labrador, Canada A1C1K6
Status: Active
Last updated: 17 days ago ( Jun 24, 2025 )
Year Built: 1925
Property Type: Other
Architectural Style: 3 Level
Structure Type: Other
Ownership Type: Freehold
View: Ocean view, View
Beds: 1
Baths: 3
1/2 Baths: 2
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Other
Living Area Total: 3,975 square feet
Price per sq ft: $100
Tax Annual Amount: $8,962
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Hot water radiator heat, Oil
Flooring: Hardwood, Carpeted, Other
Exterior Features: Wood
Common Interest: Freehold
Number of photos available: 25
Rurl
Coordinates: [47.569427, -52.702728]
Rooms
Third level | Living room Not known Bedroom | 18'10"" x 14'5"" null 11'6"" x 25'10"" null 19'10"" x 10'9"" null |
Second level | Other Bath (# pieces 1-6) Office Office Office Office | 13'11"" x 19' null 2 pc 9'4"" x 16'6"" null 8'4"" x 11'8"" null 12'4"" x 13'3"" null 9'4"" x16'6"" null |
Main level | Bath (# pieces 1-6) Office Foyer Office Office | 2 pc 14'9"" x 17'7"" null 12'9"" x 12'11"" null 13'10"" x 11'4"" null 12'10"" x 13'10"" null |
Basic Calculator
First Mortgage: $316,000
Mortgage insurance premium: $0
Total Financing: $316,000
Rough closing fee (1.5%): ~ $5,925
Total downpayment with estimated closing fee: $84,925
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $4,373 | $52,476 |
Gross rental income (income/principal ratio) | 1.107% | 13.285% |
Mortgage | $0 | $0 |
Monthly Expenses | $494 | $5,928 |
Vacancy | $219 | $2,624 |
Management Fee | $350 | $4,199 |
Expense / Income Ratio | 11.30% | 11.30% |
Cash Flow | $3,311 | $39,732 |
Net Operating Income (NOI) | $3,311 | $39,732 |
Capitalization Rate | 0.84% | 10.06% |