About the property (MLS: 1288106):
This two-apartment home in Wishingwell Park is conveniently located close to Avalon Mall, Memorial University, and the Health Science Centre. The main floor unit features three bedrooms, a cozy kitchen with easy dining room access, a bright living room, and a large four-piece bathroom. It also includes a mini-split for climate control. Additional storage and separate laundry facilities are located in the basement. The basement apartment offers two bedrooms, a cozy kitchen and living room, a four-piece bathroom, and separate laundry. The backyard provides separate decks for each unit, a fenced yard, and greenery for privacy. Recent upgrades to the property include: new roof (2017), mini-split (2019), HVAC (2018), new appliances for the upstairs unit (2024) and hot water tank for the basement unit, among others. There will be no conveyance of offers prior to 5pm, Thursday, July 24. Offers to be left open until 9pm, Thursday, July 24, 2025. (id:56688)
Property Details
Listing ID: 28632708
Address: 70 Terra Nova Road, St. John's, Newfoundland & Labrador, Canada A1B1E9
Status: Active
Last updated: 11 days ago ( Jul 21, 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: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Fencing: Partially fenced
Living Area Total: 2,580 square feet
Price per sq ft: $144
Tax Annual Amount: $3,502
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: Poured Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.56027, -52.740948]
Rooms
Basement | Bath (# pieces 1-6) Laundry room Bedroom Primary Bedroom Living room Kitchen Laundry room Storage | 4 Piece null 9.6 X 7.2 null 9.4 X 9.6 null 11.9 X 10.10 null 20.2 X 10.3 null 13.2 X 10.7 null 7.5 X 20.3 null 7.2 X 16.9 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Porch Living room Kitchen Dining room | 4 Piece null 9 X 13.6 null 10.1 X 9 null 10.11 X 13.11 null 6.3 X 4 null 18.11 X 12.10 null 12.10 X 11 null 9.8 X 13.4 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,839 | $34,068 |
Gross rental income (income/principal ratio) | 0.768% | 9.210% |
Mortgage | $0 | $0 |
Monthly Expenses | $463 | $5,556 |
Vacancy | $142 | $1,704 |
Management Fee | $228 | $2,726 |
Expense / Income Ratio | 16.31% | 16.31% |
Cash Flow | $2,007 | $24,084 |
Net Operating Income (NOI) | $2,007 | $24,084 |
Capitalization Rate | 0.54% | 6.51% |