About the property (MLS: 1287063):
This charming, detached two-storey home is nestled in the heart of Downtown St. John's and offers a beautiful view of Signal Hill and the Harbour. The property features 3 spacious bedrooms, with two located on the second floor and one on the main level (which has been recently transformed with new flooring and paint). The basement includes the kitchen, a den, and utility/storage space. The kitchen is situated directly beneath the main floor bedroom, offering a great opportunity to relocate it to the main floor next to the living room during renovations. This property is an ideal project for a vacation rental or anyone seeking an affordable downtown living space. (New hot water tank and new torched-on roof in 2023). (id:56688)
Property Details
Listing ID: 28531232
Address: 61 Carter's Hill, St. John's, Newfoundland & Labrador, Canada A1C4C1
Status: Active
Last updated: 13 days ago ( Jun 27, 2025 )
Year Built: 1935
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Forced air, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Fencing: Partially fenced
Living Area Total: 1,452 square feet
Price per sq ft: $104
Tax Annual Amount: $1,478
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Forced air, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 18
Rurl
Coordinates: [47.563441, -52.712773]
Rooms
Basement | Den Not known | 9.6 x 10 null 15.6 x 16 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom | 4 pcs 13.6 x 11.6 null 13.6 x 11.6 null |
Main level | Bedroom Living room Porch | 10 x 13.6 null 13.6 x 11.6 null 5.6 x 6 null |
Basic Calculator
First Mortgage: $119,920
Mortgage insurance premium: $0
Total Financing: $119,920
Rough closing fee (1.5%): ~ $2,249
Total downpayment with estimated closing fee: $32,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,598 | $19,176 |
Gross rental income (income/principal ratio) | 1.066% | 12.793% |
Mortgage | $0 | $0 |
Monthly Expenses | $188 | $2,256 |
Vacancy | $80 | $959 |
Management Fee | $128 | $1,535 |
Expense / Income Ratio | 11.76% | 11.76% |
Cash Flow | $1,203 | $14,436 |
Net Operating Income (NOI) | $1,203 | $14,436 |
Capitalization Rate | 0.80% | 9.63% |