About the property (MLS: 1288225):
Ideal 2-apartment home in popular Kenmount Terrace! Situated on a corner lot, 27 Adventure Avenue is the perfect place to call home while taking advantage of a mortgage helping apartment below, or a fabulous investment property to add to your portfolio. This well maintained, split entry home features a spacious foyer leading into the main floor where you'll find a modern, open concept design. The spacious kitchen features stainless steel appliances, peninsula breakfast bar, and access to the rear deck. The addition of a mini-split adds comfort & efficiency to the home. The remainder of the main floor includes 3 well appointed bedrooms and the main bathroom. The primary bedroom boasts a large closet and a full ensuite with custom glass and tile shower. Downstairs, the basement is an entertainer's dream with a nicely sized rec room featuring a wet bar, along with a half bathroom. For additional storage & convenience, you'll find an attached garage. The one bedroom apartment also includes an open concept design and its own driveway for an ideal set up! The fenced backyard includes both a deck and large storage shed. Minutes from shopping, highway access, and near HSC, MUN, and countless amenities, this is one you'll want to see! As per attached Seller's Direction, there will be no conveyance of offers prior to 5pm on Sunday, September 21st with offers to remain open until 10pm the same day. (id:56688)
Property Details
Listing ID: 28870343
Address: 27 Adventure Avenue, St. John's, Newfoundland & Labrador, Canada A1B0K8
Status: Active
Last updated: 3 hours ago ( Sep 19, 2025 )
Year Built: 2015
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,141 square feet
Price per sq ft: $257
Tax Annual Amount: $3,298
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.550785, -52.784975]
Rooms
Basement | Bath (# pieces 1-6) Not known Not known Not known Bath (# pieces 1-6) Other Recreation room | 4.11x8.0 null 10.8x11.8 null 9.3x10.0 null 9.2x11.8 null 2PC null 10.10x6.10 null 17.5x12.9 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Kitchen Dining room Living room Foyer | 8.0x6.0 null 9.7x10.0 null 10.0x10.0 null 3PC null 13.10x17.1 null 14.0x14.0 null 15.6x10.3 null 15.6x13.0 null 6.7x6.8 null |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,356 | $28,272 |
Gross rental income (income/principal ratio) | 0.428% | 5.141% |
Mortgage | $0 | $0 |
Monthly Expenses | $688 | $8,256 |
Vacancy | $118 | $1,414 |
Management Fee | $189 | $2,262 |
Expense / Income Ratio | 29.20% | 29.20% |
Cash Flow | $1,362 | $16,344 |
Net Operating Income (NOI) | $1,362 | $16,344 |
Capitalization Rate | 0.25% | 2.97% |