About the property (MLS: 1289322):
Located in popular Kenmount Terrace, this two apartment home is ready for immediate occupancy on the main floor and the apartment is currently rented. The main unit has been freshly painted and has new flooring and kitchen countertops. It features three bedrooms and 2 full baths plus a rec room in the lower level. The bright and spacious two bedroom apartment offers a covered entrance and separate meters, parking and laundry. Located on a bus route and near Avalon Mall and Health Sciences Center. Ideal investment property or ideal for first time buyer with apartment income offsetting the mortgage. (id:56688)
Property Details
Listing ID: 28750637
Address: 33 Nautilus Street, St. John's, Newfoundland & Labrador, Canada A1B0G5
Status: Active
Last updated: 2 days ago ( Aug 25, 2025 )
Year Built: 2011
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,500 square feet
Price per sq ft: $198
Tax Annual Amount: $3,348
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 38
Rurl
Coordinates: [47.552125, -52.785553]
Rooms
Basement | Bath (# pieces 1-6) Laundry room Bedroom Bedroom Living room Kitchen | B4 null 7.6x6.4 null 10.9x10.10 null 10.4x10.10 null 14.18x10.4 null 14.18x9.25 null |
Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Kitchen | E3 null B4 null 11.3x10.0 null 8.11x11.0 null 12.7x12.10 null 13.11x17.6 null 13.5x17.6 null |
Basic Calculator
First Mortgage: $395,920
Mortgage insurance premium: $0
Total Financing: $395,920
Rough closing fee (1.5%): ~ $7,424
Total downpayment with estimated closing fee: $106,404
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,750 | $33,000 |
Gross rental income (income/principal ratio) | 0.556% | 6.668% |
Mortgage | $0 | $0 |
Monthly Expenses | $619 | $7,428 |
Vacancy | $138 | $1,650 |
Management Fee | $220 | $2,640 |
Expense / Income Ratio | 22.51% | 22.51% |
Cash Flow | $1,774 | $21,288 |
Net Operating Income (NOI) | $1,774 | $21,288 |
Capitalization Rate | 0.36% | 4.30% |