53 Mayor Avenue
St. John's, NL, A1C4N6
3 Beds | 1 Bath
$440,000
About the property (MLS: 1287780):
This colorful and unique heritage home in center city resides just beyond the edge of downtown St. John’s. The home preserves heritage character, mixed with modern updates and appointments. In 2015, the home’s exterior was updated with new wood siding, roof and shingles, and windows. The current owners undertook a full interior renovation between 2016 and 2018. This included new insulation throughout the entire home and basement, brand new electrical and plumbing throughout, new kitchen and bathroom, and refinishing of original hardwood floors. Some additional new windows were added during this renovation to satisfy city egress laws. The home is equipped with baseboard electrical heaters throughout as well as a mini split on the main floor for heating and cooling. Heated floors were also added in the bathroom kitchen and back porch. The private backyard and patio are ideal for entertaining or relaxing and even features an optional gated asphalt driveway. A garden full of beautiful perennials and wildflowers blooms each spring with very little maintenance required. The backyard is situated on a quiet street with friendly neighbors. For the last 3 years, the home has been operated as a short-term rental and has routinely maintained a 4.9-star rating on Airbnb and SuperHost status. For investment inclined interested parties, the home can come fully furnished. Please inquire for price that includes furniture. This beautiful property will not be on the market long. Inquire about your viewing. (id:56688)
Property Details
Listing ID: 28593551
Address: 53 Mayor Avenue, St. John's, Newfoundland & Labrador, Canada A1C4N6
Status: Active
Last updated: 2 months ago ( Oct 17, 2025 )
Year Built: 1945
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: 1
1/2 Baths: 0
Heating: Heat Pump, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Fencing: Fence
Living Area Total: 2,089 square feet
Price per sq ft: $211
Tax Annual Amount: $2,100
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump, Electric
Flooring: Hardwood, Laminate
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.565733, -52.720406]
Rooms
| Second level | Bedroom Bedroom Primary Bedroom | 11.9 x 8.6 null 11.9 x 11 null 11.2 x 18.8 null |
| Main level | Dining room Kitchen Living room | 9.1 x 13.5 null 20 x 8.2 null 13.5 x 15 null |
Basic Calculator
First Mortgage: $352,000
Mortgage insurance premium: $0
Total Financing: $352,000
Rough closing fee (1.5%): ~ $6,600
Total downpayment with estimated closing fee: $94,600
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,298 | $27,576 |
| Gross rental income (income/principal ratio) | 0.522% | 6.267% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $550 | $6,600 |
| Vacancy | $115 | $1,379 |
| Management Fee | $184 | $2,207 |
| Expense / Income Ratio | 23.93% | 23.93% |
| Cash Flow | $1,450 | $17,400 |
| Net Operating Income (NOI) | $1,450 | $17,400 |
| Capitalization Rate | 0.33% | 3.95% |
