22 McKay Street
St. John's, NL, A1E1P2
2 Beds | 3 Baths
$349,900
About the property (MLS: 1287024):
Welcome to 22 McKay Street located in a Great location with walking distance to downtown, beautiful parks, Waterford Valley walking trails and more. This property offers plenty of off street parking and a mature backyard that you’ll thoroughly enjoy all summer. The in-house garage is ideal for parking your car, easy access to your snow blower and providing extra storage space. All 3 levels are spacious and fully developed with hardwood stairs leading you to each level and there is a mini split for extra comfort and efficiency. The main floor kitchen has a large island, stainless steel appliances and a bright eating area. Upstairs you’ll find 2 bedrooms, with their own ensuites. All measurements are approx. (id:56688)
Property Details
Listing ID: 28523241
Address: 22 McKay Street, St. John's, Newfoundland & Labrador, Canada A1E1P2
Status: Active
Last updated: 11 days ago ( Jun 29, 2025 )
Year Built: 2012
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Living Area Total: 1,800 square feet
Price per sq ft: $195
Tax Annual Amount: $2,549
Tax Year: 2024
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.549354, -52.724325]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Family room | closet null 3 pcs 11 X 7 null |
| Second level | Ensuite Ensuite Bedroom Primary Bedroom | 3 pcs 4 pcs 12 X 12 null 16 X 11 null |
| Main level | Eating area Living room Kitchen | 15 X 7 null 16 X 13 null 14 X 12 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,981 | $23,772 |
| Gross rental income (income/principal ratio) | 0.566% | 6.794% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $100 | $1,189 |
| Management Fee | $159 | $1,902 |
| Expense / Income Ratio | 22.11% | 22.11% |
| Cash Flow | $1,286 | $15,432 |
| Net Operating Income (NOI) | $1,286 | $15,432 |
| Capitalization Rate | 0.37% | 4.41% |
