21 Wabush Place
St. John's, NL, A1E5V6
5 Beds | 4 Baths
$449,000
About the property (MLS: 1286955):
Welcome to 21 Wabush Place, a spacious two-apartment home nestled in a quiet cul-de-sac in the highly sought-after Cowan Heights neighborhood. This versatile property offers five bedrooms and 3.5 bathrooms, providing ample space for families or investment opportunities. Backing onto a beautiful greenbelt, you'll enjoy privacy and natural surroundings right in your backyard. The basement apartment is currently operating as a successful Airbnb and is not available for viewing until July 3rd. All appliances and furniture in the Airbnb unit are included in the sale, making this an excellent turnkey rental opportunity. Don’t miss your chance to own this exceptional property in a prime location! (id:56688)
Property Details
Listing ID: 28518780
Address: 21 Wabush Place, St. John's, Newfoundland & Labrador, Canada A1E5V6
Status: Active
Last updated: 15 days ago ( Jun 25, 2025 )
Year Built: 1982
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Ceramic Tile
Living Area Total: 1,900 square feet
Price per sq ft: $237
Tax Annual Amount: $4,500
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Other, Ceramic Tile
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.539986, -52.765265]
Rooms
| Basement | Bedroom Bedroom Bath (# pieces 1-6) Laundry room Kitchen Recreation room | 9 X 10 null 9 X 9 null 6 X 8 null 5.5 X 8 null 10 x 13 null 13.5 X 13.5 null |
| Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 5 X 8.5 null 5 X 6 null 9.5 X 10 null 9 X 10 null 11 X 13.5 null 10 X 13 null 9 X 11 null 14 X 15 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 | $2,090 | $25,080 |
| Gross rental income (income/principal ratio) | 0.465% | 5.586% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $562 | $6,744 |
| Vacancy | $105 | $1,254 |
| Management Fee | $168 | $2,007 |
| Expense / Income Ratio | 26.89% | 26.89% |
| Cash Flow | $1,257 | $15,084 |
| Net Operating Income (NOI) | $1,257 | $15,084 |
| Capitalization Rate | 0.28% | 3.36% |
