12 Colville Street
St. John's, NL, A1E3J8
6 Beds | 3 Baths
$449,900
About the property (MLS: 1286863):
Step into timeless charm with this well-maintained two-apartment home, perfectly nestled on an oversized subdivision lot surrounded by mature trees and established landscaping. Offering both character and versatility, this property features two self-contained units—ideal for multigenerational living, rental income, or investment potential. The main level showcases classic mid-century details, hardwood floors, and generous living spaces filled with natural light. The lower-level which was once an apartment has been converted to main living space providing 2 additional bedrooms, a den, rec room, & bathroom. A granny suite was added to the main level in the 90’s offering a private entrance, a full kitchen, in-suite laundry, and comfortable living quarters—ready for extended family or tenants. Outside, the sprawling lot provides ample outdoor space for gardening & entertaining. Located in a quiet, well-established neighborhood, this property combines the charm of the past with the potential of the future. Don’t miss your chance to own a unique piece of mid-century architecture on one of the area’s most desirable lots! No conveyance of any written signed offers prior to 1pm on the 29th day of June 2025. The Seller further directs that all offers to remain open for acceptance until 6pm on the 29th day of June 2025. (id:56688)
Property Details
Listing ID: 28514085
Address: 12 Colville Street, St. John's, Newfoundland & Labrador, Canada A1E3J8
Status: Active
Last updated: 12 days ago ( Jun 28, 2025 )
Year Built: 1958
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Forced air, Oil, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Other, Ceramic Tile
Living Area Total: 3,364 square feet
Price per sq ft: $134
Tax Annual Amount: $2,431
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Cooktop, Oven - Built-In
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Forced air, Oil, Electric
Flooring: Hardwood, Other, Ceramic Tile
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.539476, -52.739606]
Rooms
| Main level | Bath (# pieces 1-6) Not known Not known Not known Not known Bath (# pieces 1-6) Bedroom Bedroom Bedroom Kitchen Dining room Living room/Fireplace | 9.4 x 8.2 null 14.4 x 12.2 null 12.4 x 9.4 null 17.5 x 10.11 null 8.9 x 9.4 null 8.2 x 10.11 null 10.9 x 10.0 null 10.10 x 10.11 null 14.0 x 10.0 null 11.8 x 20.2 null 15.0 x 11.2 null 13.10 x 20.1 null |
| Lower level | Bath (# pieces 1-6) Office Storage Living room Bedroom Family room | 8.0 x 10.7 null 10.9 x 9.10 null 10.8 x 9.10 null 18.7 x 10.7 null 13.3 x 10.11 null 18.4 x 10.7 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,701 | $44,412 |
| Gross rental income (income/principal ratio) | 0.823% | 9.872% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $186 | $2,221 |
| Management Fee | $297 | $3,553 |
| Expense / Income Ratio | 15.21% | 15.21% |
| Cash Flow | $2,657 | $31,884 |
| Net Operating Income (NOI) | $2,657 | $31,884 |
| Capitalization Rate | 0.59% | 7.09% |
