About the property (MLS: 1290889):
Another quality-built home by Horizon Homes Limited. Three-bedroom two storey under construction in the beautiful Estates at Clovelly. Features a large open main floor plan with living room with propane fireplace, kitchen and dining room. 9' main floor ceiling. Full open basement for future development. HST included in purchase price when purchased as a principal residence. (id:56688)
Property Details
MLS: 1290889
Listing ID: 28911020
Address: 45 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: 2 months ago ( Nov 24, 2025 )
Year Built: 2025
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: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,984 square feet
Price per sq ft: $224
Tax Annual Amount: $6,078
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.618701, -52.701252]
Listing ID: 28911020
Address: 45 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: 2 months ago ( Nov 24, 2025 )
Year Built: 2025
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: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,984 square feet
Price per sq ft: $224
Tax Annual Amount: $6,078
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.618701, -52.701252]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 5.67 x 12 null 4 Pce null 12x 13.75 null 10.4 x 15.95 null 4 Pce null 12.45 x 17.5 null |
| Main level | Bath (# pieces 1-6) Pantry Kitchen Dining room Living room/Fireplace | 2 Pce null 4 x 10 null 10.67 x 11.5 null 7.5x 15.1 null 15.75 x 17.9 null |
Basic Calculator
First Mortgage: $534,320
Mortgage insurance premium: $0
Total Financing: $534,320
Rough closing fee (1.5%): ~ $10,019
Total downpayment with estimated closing fee: $143,599
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,283 | $39,396 |
| Gross rental income (income/principal ratio) | 0.492% | 5.898% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $835 | $10,020 |
| Vacancy | $165 | $1,970 |
| Management Fee | $263 | $3,152 |
| Expense / Income Ratio | 25.43% | 25.43% |
| Cash Flow | $2,022 | $24,264 |
| Net Operating Income (NOI) | $2,022 | $24,264 |
| Capitalization Rate | 0.30% | 3.63% |
Capitalization Rate: 3.63%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $954,143






