About the property (MLS: 1287261):
Well-kept two-apartment home in desirable Kenmount Terrace, close to schools, shopping, and amenities. The main floor features a spacious open-concept kitchen and living room, perfect for family gatherings or entertaining guests. It includes a large primary bedroom with a full ensuite, two additional bedrooms, and a main bathroom. Downstairs, you'll find a rec room and a convenient half bath, ideal for extra living space, a home office, or a play area. The walkout basement apartment is above ground, offering natural light and comfort throughout. It has two well-sized bedrooms, a full bathroom, and its own kitchen and living space—perfect for tenants or extended family. Whether you're looking for a solid investment or a place to call home with rental income potential, this property delivers. As per sellers directive, all offers to be by 3pm on July 8, 2025 and left opened until 8pm.as it rented up and down showings are pre booked and openings alloted on brokerbay (id:56688)
Property Details
Listing ID: 28557698
Address: 31 Hopedale Crescent, St. John's, Newfoundland & Labrador, Canada A1B0B3
Status: Active
Last updated: 7 days ago ( Jul 4, 2025 )
Year Built: 2006
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Ceramic Tile, Mixed Flooring
Fencing: Partially fenced
Living Area Total: 2,314 square feet
Price per sq ft: $199
Tax Annual Amount: $3,067
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: Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.54882, -52.796184]
Rooms
Basement | Not known Not known Not known Not known Not known Laundry room Recreation room | 14.8x8 null 10.7x11.7 null 7.9x12.5 null 6.7x4.7 null 10.5x11.5 null 5.2x10.9 null 12.7x10.9 null |
Main level | Primary Bedroom Bedroom Bedroom Foyer Kitchen Living room | 13.7x10.9 null 9.7x9.4 null 10.2x9.4 null 3.2x10 null 10.7x11.4 null 10.8x11.3 null |
Basic Calculator
First Mortgage: $367,920
Mortgage insurance premium: $0
Total Financing: $367,920
Rough closing fee (1.5%): ~ $6,899
Total downpayment with estimated closing fee: $98,879
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,546 | $30,552 |
Gross rental income (income/principal ratio) | 0.554% | 6.643% |
Mortgage | $0 | $0 |
Monthly Expenses | $575 | $6,900 |
Vacancy | $128 | $1,528 |
Management Fee | $204 | $2,445 |
Expense / Income Ratio | 22.58% | 22.58% |
Cash Flow | $1,641 | $19,692 |
Net Operating Income (NOI) | $1,641 | $19,692 |
Capitalization Rate | 0.36% | 4.28% |