About the property (MLS: 1286906):
Welcome to this beautifully updated ground-level 1 bedroom plus den unit in one of the area’s most desirable 50+ buildings. This unit offers ideal accessibility with a bright and open-concept layout. The remodeled Birch kitchen features abundant natural light, double sinks, vented hood, and modern design, perfect for both everyday living and entertaining. Additional highlights include in-unit laundry, excellent soundproofing for added privacy, and access to a well-maintained common room for residents. This smoke-free and pet-free building is governed by a very active board, ensuring the property remains impeccably managed and community-oriented. A perfect blend of comfort, convenience, and community — this is a rare opportunity you won’t want to miss! As per seller direction no conveyance of any offers until 3pm Saturday June 28th, with a presentation of 8pm. (id:56688)
Property Details
Listing ID: 28514489
Address: 7 Tiffany Lane Unit#101, St. John's, Newfoundland & Labrador, Canada A1A4B7
Status: Active
Last updated: 16 days ago ( Jun 24, 2025 )
Year Built: 1982
Property Type: Single Family
Ownership Type: Condominium
Beds: 1
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 795 square feet
Price per sq ft: $327
Tax Annual Amount: $1,525
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: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Brick
Common Interest: Condo/Strata
Association Fee: 307
Number of photos available: 10
Rurl
Coordinates: [47.586905, -52.711442]
Rooms
Main level | Den Bath (# pieces 1-6) Primary Bedroom Kitchen Living room/Dining room | 11 X 10 null 5.6 X 8 null 11 X 14 null 8.9 X 8.8 null 16 X 16.6 null |
Basic Calculator
First Mortgage: $207,920
Mortgage insurance premium: $0
Total Financing: $207,920
Rough closing fee (1.5%): ~ $3,899
Total downpayment with estimated closing fee: $55,879
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $875 | $10,500 |
Gross rental income (income/principal ratio) | 0.337% | 4.040% |
Mortgage | $0 | $0 |
Monthly Expenses | $325 | $3,900 |
Vacancy | $44 | $525 |
Management Fee | $70 | $840 |
Expense / Income Ratio | 37.14% | 37.14% |
Cash Flow | $437 | $5,244 |
Net Operating Income (NOI) | $437 | $5,244 |
Capitalization Rate | 0.17% | 2.02% |