14 Orlando Place
St. John's, NL, A1B0G1
5 Beds | 4 Baths
$499,900
About the property (MLS: 1287114):
14 Orlando Place is a beautiful two apartment home with almost 2600 sq feet of living space. This home sits on an oversized lot in Kenmount Terrace and features a large driveway with drive through access to the backyard. The main unit of this home has a spacious open concept kitchen, dining and living area, 3 large bedrooms, 3 bathrooms and nice sized family room downstairs. The apartment has a ground level entry, stunning kitchen, 2 bedrooms, a large bathroom and living room with large windows that fills the space with natural light. Apt is leased for $1400 POU. No conveyance of any written signed offers until 6 pm on Friday July 11, 2025. All offers are to remain open until 10 pm on Friday July 11, 2025, as per sellers direction. (id:56688)
Property Details
Listing ID: 28567131
Address: 14 Orlando Place, St. John's, Newfoundland & Labrador, Canada A1B0G1
Status: Active
Last updated: 6 days ago ( Jul 7, 2025 )
Year Built: 2016
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,574 square feet
Price per sq ft: $195
Tax Annual Amount: $3,478
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 46
Rurl
Coordinates: [47.544442, -52.802005]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Living room Kitchen | 11x6 null 11x14 null 12x16 null 11x16 null |
| Main level | Family room Bedroom Bedroom Dining room Kitchen Living room Primary Bedroom | 19x13 null 10x12 null 13x12 null 10x12 null 12x12 null 13x16 null 12x16 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,832 | $33,984 |
| Gross rental income (income/principal ratio) | 0.567% | 6.798% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $142 | $1,700 |
| Management Fee | $227 | $2,719 |
| Expense / Income Ratio | 22.07% | 22.07% |
| Cash Flow | $1,839 | $22,068 |
| Net Operating Income (NOI) | $1,839 | $22,068 |
| Capitalization Rate | 0.37% | 4.41% |
