About the property (MLS: 1287022):
Welcome to this lovely condo; a condo which provides many options for varied types of buyers! One of those options may indeed entice you! Maybe you are searching for a new home providing a lifestyle of responsibility-free living! Perhaps you are looking for that ideal spot to house your children as they begin their long post-secondary voyage, making it worth your while to buy rather than rent. Are you already an established investor, or someone starting an investment portfolio, and see the merits of such a great investment for years to come? Whatever the reason, we are happy to welcome you to a condo that is move in ready, already vacant & professionally cleaned. Within a secure building, Unit 301 greets you with a sizable living area with a patio door leading to a balcony and a dining nook that’s perfect for a small group as you prepare a light lunch or an evening meal from the adjacent kitchen, where food prep time is so easy with everything at your fingertips. Two bedrooms and a freshened-up bathroom are just down the hallway; comfortably functional but warm & cozy, while an entry closet & in-suite laundry are added bonuses, for sure. But location may definitely seal the deal for you! Walk or run Quidi Vidi Lake or another trail in the area. Stroll to Quidi Vidi Village for a meal or to enjoy the quaintness of the view. Admire the seasonal sights of the Virginia River. Enjoy concerts & events at the lake or nearby grounds, such as the annual Royal St. John’s Regatta. Appreciate having quick access to the Outer Ring Rd, a metro bus-stop nearby & the convenience of a grocery store around the corner that also provides pharmacy, household & everyday needs. While others will be contemplating this growing area of diversified homes with a renewed positive vibe, why not book your viewing so that you can be just one step ahead of everyone else! Note: There will be no conveyance of offers prior to 6:00 pm on Sunday, July 6th with offers open until 11:00 pm on July 6th. (id:56688)
Property Details
Listing ID: 28549817
Address: 9 Janeway Place Unit#301, St. John's, Newfoundland & Labrador, Canada A1A1R7
Status: Active
Last updated: 8 days ago ( Jul 3, 2025 )
Year Built: 2000
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Other
Living Area Total: 747 square feet
Price per sq ft: $288
Tax Annual Amount: $1,710
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Other
Exterior Features: Brick, Vinyl siding
Common Interest: Condo/Strata
Association Fee: 250
Number of photos available: 29
Rurl
Coordinates: [47.589134, -52.689119]
Rooms
Main level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room Dining nook Kitchen | 4.8 x 6.2 null 4 piece null 13.7 x 8.8 null 13.3 x 9.11 null 14.4 x 13.3 null 7.4 x 9.4 null 8.1 x 7.10 null |
Basic Calculator
First Mortgage: $171,920
Mortgage insurance premium: $0
Total Financing: $171,920
Rough closing fee (1.5%): ~ $3,224
Total downpayment with estimated closing fee: $46,204
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $822 | $9,864 |
Gross rental income (income/principal ratio) | 0.383% | 4.590% |
Mortgage | $0 | $0 |
Monthly Expenses | $269 | $3,228 |
Vacancy | $42 | $494 |
Management Fee | $66 | $790 |
Expense / Income Ratio | 32.73% | 32.73% |
Cash Flow | $447 | $5,364 |
Net Operating Income (NOI) | $447 | $5,364 |
Capitalization Rate | 0.21% | 2.50% |