About the property (MLS: 1287188):
Welcome to 19 Weymouth Street – a registered two-apartment home with an in-law suite, ideally situated in a prime location just steps from the Health Sciences Centre, Memorial University, and the Avalon Mall. This is an incredible opportunity for investors or homeowners seeking strong rental potential in a high-demand area. The main floor features three spacious bedrooms and one full bathroom, with its own private patio. The lower level includes a one-bedroom, one-bath in-law suite and a separate two-bedroom, one-bath apartment – both of which enjoy walkout access and a lower-level patio. This home offers excellent potential for customization. With a cosmetic refresh, it could truly shine. For buyers with vision, the in-law suite and apartment – located on the same level – present the exciting possibility of being combined into one larger three-bedroom, two-bathroom unit, maximizing space and rental value. All appliances are included in "as is" condition. Don’t miss your chance to unlock the full potential of this well-located income property in the heart of St. John’s. As per Seller Direction there will be no conveyance of offers prior to 12pm July 7th. (id:56688)
Property Details
Listing ID: 28553198
Address: 19 Weymouth Street, St. John's, Newfoundland & Labrador, Canada A1B2B7
Status: Active
Last updated: 4 days ago ( Jul 6, 2025 )
Year Built: 1965
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Radiant heat, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,580 square feet
Price per sq ft: $124
Tax Annual Amount: $2,259
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Radiant heat, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.566954, -52.750411]
Rooms
Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Living room Dining room Kitchen | 4 pcs 8.79 x 12.84 null 10.69 x 12.30 null 10.32 x 12.28 null 13.69 x 19.91 null 9.93 x 12 null 11.65 x 11.69 null |
Basement | Bath (# pieces 1-6) Not known Not known Bath (# pieces 1-6) Not known Not known Not known | 4 pcs 9.55 x 13.58 null 14.39 x 11.87 null 4 pcs 12.16 x 10.47 null 11.18 x 12.14 null 12.18 x 11.87 null |
Basic Calculator
First Mortgage: $255,920
Mortgage insurance premium: $0
Total Financing: $255,920
Rough closing fee (1.5%): ~ $4,799
Total downpayment with estimated closing fee: $68,779
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,839 | $34,068 |
Gross rental income (income/principal ratio) | 0.887% | 10.650% |
Mortgage | $0 | $0 |
Monthly Expenses | $400 | $4,800 |
Vacancy | $142 | $1,704 |
Management Fee | $228 | $2,726 |
Expense / Income Ratio | 14.09% | 14.09% |
Cash Flow | $2,070 | $24,840 |
Net Operating Income (NOI) | $2,070 | $24,840 |
Capitalization Rate | 0.65% | 7.76% |