3 Carpasian Road
St. John's, NL, A1C3T9
3 Beds | 2 Baths
$399,900
About the property (MLS: 1287389):
Welcome to Irwin’s Farm – a cherished piece of local history and one of the oldest homes in St. John’s. Built in the 1860s as the original farmhouse for the area, this warm and inviting residence blends timeless character with thoughtful modern upgrades. Step inside to discover hand-hewn exposed beams, hardwood floors, and a beautifully renovated kitchen (2019) that opens onto a stunning backyard oasis – a true gardener’s dream, surrounded by mature trees for privacy and serenity. The home retains many original features, offering a perfect blend of rustic charm and contemporary comfort. Additional features include: Cozy living room with fireplace insert. Main floor bathroom renovation (2019). Updated plumbing (2019). Dining room fireplace lined and WETT certified (2022). New fencing (2020). Shingle portion of roof replaced (2024). Paved parking for two vehicles. Ideally located within walking distance to shops, parks, schools, and amenities, this rock-solid home offers a rare opportunity to own a piece of St. John’s history in a fantastic location. As per Seller's Direction Regarding Offers, there will be no conveyance of any written signed offers prior to 5pm Monday July 7th, 2025 and please leave all offers open until 10pm Monday July 7th, 2025. (id:56688)
Property Details
Listing ID: 28559932
Address: 3 Carpasian Road, St. John's, Newfoundland & Labrador, Canada A1C3T9
Status: Active
Last updated: 3 days ago ( Jul 7, 2025 )
Year Built: 1866
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: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Oil, Radiator
Sewer: Municipal sewage system
Flooring: Hardwood, Other, Mixed Flooring
Fencing: Fence
Living Area Total: 1,791 square feet
Price per sq ft: $224
Tax Annual Amount: $2,246
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Stone, Concrete
Heating: Hot water radiator heat, Oil, Radiator
Flooring: Hardwood, Other, Mixed Flooring
Exterior Features: Wood, Other
Common Interest: Freehold
Number of photos available: 45
Rurl
Coordinates: [47.571829, -52.713811]
Rooms
| Second level | Bath (# pieces 1-6) Office Bedroom Bedroom Primary Bedroom | 9'3 x 9'9 null 12'2 x 9'9 null 12'7 x 11'5 null 12'11 x 11'5 null 15'2 x 11'5 null |
| Main level | Laundry room Bath (# pieces 1-6) Not known Dining room Living room/Fireplace | 7'2 x 4'9 null 7'4 x 4'9 null 14'10 x 10'6 null 11'6 x 13'7 null 12'8 x 20'11 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,971 | $23,652 |
| Gross rental income (income/principal ratio) | 0.493% | 5.914% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $99 | $1,183 |
| Management Fee | $158 | $1,893 |
| Expense / Income Ratio | 25.37% | 25.37% |
| Cash Flow | $1,215 | $14,580 |
| Net Operating Income (NOI) | $1,215 | $14,580 |
| Capitalization Rate | 0.30% | 3.65% |
