About the property (MLS: 1287136):
Here's a great opportunity to own a historic property on Gower Street east, within minutes walk of Signal Hill and downtown St. John's. The property has had substantial renovations in recent years, including torch-on roof 3 years ago, and new shingles on the mansard and porch roofs. The units are self-contained and have electric heat on breaker panels. The fire escape has been rebuilt and the basement has had spray-on foam insulation installed in 2024. (id:56688)
Property Details
MLS: 1287136
Listing ID: 28537046
Address: 17 Gower Street, St. John's, Newfoundland & Labrador, Canada A1C1N2
Status: Active
Last updated: 12 days ago ( Jun 30, 2025 )
Year Built: 1890
Property Type: Single Family
Structure Type: Multi-Family
Ownership Type: Freehold
Beds: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Tax Annual Amount: $3,183
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters
Flooring: Hardwood, Mixed Flooring
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.570562, -52.702448]
Listing ID: 28537046
Address: 17 Gower Street, St. John's, Newfoundland & Labrador, Canada A1C1N2
Status: Active
Last updated: 12 days ago ( Jun 30, 2025 )
Year Built: 1890
Property Type: Single Family
Structure Type: Multi-Family
Ownership Type: Freehold
Beds: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Tax Annual Amount: $3,183
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters
Flooring: Hardwood, Mixed Flooring
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.570562, -52.702448]
Rooms
Basic Calculator
First Mortgage: $611,992
Mortgage insurance premium: $0
Total Financing: $611,992
Rough closing fee (1.5%): ~ $11,475
Total downpayment with estimated closing fee: $164,473
Investment Calculator:
Monthly | Yearly | |
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Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $0 | $0 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | NaN% | NaN% |
Cash Flow | $0 | $0 |
Net Operating Income (NOI) | $0 | $0 |
Capitalization Rate | 0.00% | 0.00% |
Capitalization Rate: 0.00%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $1,092,843