61 Rotary Drive
St. John's, NL, A1E0C2
5 Beds | 3 Baths
$449,000
About the property (MLS: 1286827):
Located in the beautiful West End of St John’s , 61 Rotary Drive is an ideal, spacious , registered 2-apartment home ; a fantastic addition to your investment portfolio or a home where you could live comfortably while enjoying the perks of a mortgage helping apartment. The main Floor features a porch leading in to the open concept living room/Kitchen area; the perfect space for family gatherings. Three generous sized bedrooms with the primary featuring an ensuite, walk in closet and full bath finishing the main. The basement section of the main offers a rec room/office/playroom and a spacious laundry/storage room. Enjoy the spectacular views of the Southside Hills and Signal Hill from your 10x12 rear deck. The bright basement apartment boasts a generous sized living room & kitchen, 2 bedrooms, full bath and laundry/storage area. The basement apartment also offers a separate patio area to enjoy the views. Ideally located close to schools, shopping and recreation. Both units currently rented. Act fast and arrange your viewing today! (id:56688)
Property Details
Listing ID: 28513229
Address: 61 Rotary Drive, St. John's, Newfoundland & Labrador, Canada A1E0C2
Status: Active
Last updated: 16 days ago ( Jun 24, 2025 )
Year Built: 2013
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,150 square feet
Price per sq ft: $391
Tax Annual Amount: $3,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.547853, -52.753586]
Rooms
| Basement | Bedroom Bedroom Living room Kitchen | 11x12 null 12x12 null 10x14 null 12x14 null |
| Main level | Bedroom Bedroom Primary Bedroom Living room Kitchen | 11x10 null 10x10 null 12x13 null 12x13 null 15x10 null |
Basic Calculator
First Mortgage: $359,200
Mortgage insurance premium: $0
Total Financing: $359,200
Rough closing fee (1.5%): ~ $6,735
Total downpayment with estimated closing fee: $96,535
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,265 | $15,180 |
| Gross rental income (income/principal ratio) | 0.282% | 3.381% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $562 | $6,744 |
| Vacancy | $64 | $759 |
| Management Fee | $102 | $1,215 |
| Expense / Income Ratio | 44.43% | 44.43% |
| Cash Flow | $539 | $6,468 |
| Net Operating Income (NOI) | $539 | $6,468 |
| Capitalization Rate | 0.12% | 1.44% |
