7 Topsail Road
St. John's, NL, A1E2A6
6 Beds | 4 Baths
$480,000
About the property (MLS: 1289660):
Beautiful classic Victorian home on the west end of downtown St. John's just moments to schools, parks, shopping, recreation, restaurants and the allure of downtown St John's. This 2 apartment boasts 6 bedrooms, 3 and 1/2 bathrooms, five fireplaces with the original mantels, beautiful moldings and rosettes and cast iron radiators. With expansive living and dining rooms, high ceilings, plank ad hardwood floors and modern kitchens, this beauty is a must see. Nestled between large maple trees in the Waterford Valley, this home is a great income opportunity, Plumbing and electrical have been upgraded. There is off street parking for 4-5 cars. Live in the main house while renting the 3 bedroom apartment to earn income. Viewings will take place Monday to Friday and any offers will be presented at 4:00 on Friday the 29th of August (id:56688)
Property Details
Listing ID: 28772835
Address: 7 Topsail Road, St. John's, Newfoundland & Labrador, Canada A1E2A6
Status: Active
Last updated: 2 months ago ( Nov 24, 2025 )
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 6
Baths: 4
1/2 Baths: 1
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Marble, Other, Ceramic
Living Area Total: 4,920 square feet
Price per sq ft: $98
Tax Annual Amount: $4,640
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Block
Heating: Hot water radiator heat, Electric
Flooring: Hardwood, Marble, Other, Ceramic
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.546977, -52.721911]
Rooms
| Basement | Storage Storage Storage Laundry room | 10x17 null 10x10 null 10x10 null 8x13 null |
| Third level | Laundry room Bedroom Bedroom Bedroom | 6x12 null 17x18 null 10x12 null 14x14 (Apt.) null |
| Second level | Bath (# pieces 1-6) Kitchen Living room Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 3pcs 9x10 null 12x14 (Apt.) null 3pcs 12x16 null 11x14.5 null 7x10 null |
| Main level | Bath (# pieces 1-6) Kitchen Dining room Living room | 3pcs 10x11 null 13x16 null 30x12 null |
Basic Calculator
First Mortgage: $384,000
Mortgage insurance premium: $0
Total Financing: $384,000
Rough closing fee (1.5%): ~ $7,200
Total downpayment with estimated closing fee: $103,200
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $5,412 | $64,944 |
| Gross rental income (income/principal ratio) | 1.127% | 13.530% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $600 | $7,200 |
| Vacancy | $271 | $3,248 |
| Management Fee | $433 | $5,196 |
| Expense / Income Ratio | 11.09% | 11.09% |
| Cash Flow | $4,109 | $49,308 |
| Net Operating Income (NOI) | $4,109 | $49,308 |
| Capitalization Rate | 0.86% | 10.27% |
