About the property (MLS: 1291144):
Welcome to 36 Rotary Drive, a bright and spacious two-apartment home in a fantastic location close to all amenities. The main unit offers a warm, inviting layout with plenty of natural light, featuring three comfortable bedrooms—perfect for a growing family. The above-ground apartment is generously sized, providing an excellent opportunity for rental income or space for extended family. With its convenient location, versatile layout, and income potential, this property is a smart investment and a wonderful place to call home. No conveyance of any written signed offers to be submitted as per seller's direction until 2PM Tuesday, October 14, 2025. All offers to remain open until 7PM Tuesday, October 14, 2025. (id:56688)
Property Details
Listing ID: 28970763
Address: 36 Rotary Drive, St. John's, Newfoundland & Labrador, Canada A1E0B9
Status: Active
Last updated: 12 hours ago ( Oct 9, 2025 )
Year Built: 2012
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,152 square feet
Price per sq ft: $214
Tax Annual Amount: $3,039
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.548633, -52.752437]
Rooms
Lower level | Not known Not known Not known Not known Not known | 13.2 x 11 null 10 x 10 null 15 x 12.3 null 12.3 x 11.1 null 15.8 x 12.2 null |
Main level | Primary Bedroom Bedroom Bedroom Kitchen Living room | 12.2 x 13 null 13 x 9.1 null 10 x 9.1 null 11.4 x 10.2 null 16 x 12.2 null |
Basic Calculator
First Mortgage: $367,964
Mortgage insurance premium: $0
Total Financing: $367,964
Rough closing fee (1.5%): ~ $6,900
Total downpayment with estimated closing fee: $98,891
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,368 | $28,416 |
Gross rental income (income/principal ratio) | 0.515% | 6.178% |
Mortgage | $0 | $0 |
Monthly Expenses | $575 | $6,900 |
Vacancy | $119 | $1,421 |
Management Fee | $190 | $2,274 |
Expense / Income Ratio | 24.28% | 24.28% |
Cash Flow | $1,486 | $17,832 |
Net Operating Income (NOI) | $1,486 | $17,832 |
Capitalization Rate | 0.32% | 3.88% |