2 GLAVINE Street
St. John's, NL, A1E6E4
2 Beds | 3 Baths
$279,900
About the property (MLS: 1291636):
Welcome to 2 Glavine Street, a well-maintained home in the quiet Empire Village subdivision. With $450/month condo fees covering most exterior repairs, this property offers excellent value for first-time buyers, downsizers, or investors. The flexible layout includes 2 bedrooms, 2.5 bathrooms, and a potential third bedroom or den in the semi-finished basement. Features include a bright entryway, hardwood floors, a cozy office nook, an updated kitchen with stainless steel appliances, and a sunlit dining area. Stylish bathrooms, a combined laundry/bath space, walk-in closet, and basement entertainment area add comfort and functionality. Situated on a corner lot with parking for two and electric baseboard heating, the home is move-in ready. Included are all major appliances, three mounted TVs, a curio cabinet, light fixtures, bathroom mirrors and cabinets, a kitchen clock, and window coverings. Located near Empire Avenue trails, parks, Ropewalk Lane, Avalon Mall, and downtown, and zoned for St. Teresa’s, Brother Rice, and Holy Heart schools, this home blends location, comfort, and low-maintenance living. Seller’s Direction: No conveyance of written signed offers prior to October 21, 2025 at 1:00 PM; offers to remain open until 6:00 PM. (id:56688)
Property Details
Listing ID: 29002899
Address: 2 GLAVINE Street, St. John's, Newfoundland & Labrador, Canada A1E6E4
Status: Active
Last updated: 25 days ago ( Oct 19, 2025 )
Year Built: 1997
Property Type: Single Family
Architectural Style: Bungalow
Ownership Type: Condominium
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted
Living Area Total: 1,985 square feet
Price per sq ft: $142
Tax Annual Amount: $2,244
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher, See remarks
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Carpeted
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 450
Number of photos available: 38
Rurl
Coordinates: [47.553737, -52.742255]
Rooms
| Basement | Other Utility room Storage Den Recreation room | 12'x11'11"" Hall null 11'9""x18'10"" null 7'x8' Closet null 12'4""x24'3"" null 15'11""x11'6"" null |
| Main level | Bedroom Other Bath (# pieces 1-6) Other Ensuite Primary Bedroom Porch Not known Living room Porch | 11'3""x10'8"" null 5'2""x6'3"" Hall null 5'10""x7'6"" null 5'10""x4' WIC null 5'9""x8'8"" null 12'6""x19'7"" null 4'5""x5'3"" Rear null 14'4""x19'5"" null 13'10""x21'8"" null 4'7""x4' null |
Basic Calculator
First Mortgage: $223,920
Mortgage insurance premium: $0
Total Financing: $223,920
Rough closing fee (1.5%): ~ $4,199
Total downpayment with estimated closing fee: $60,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,184 | $26,208 |
| Gross rental income (income/principal ratio) | 0.780% | 9.363% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $350 | $4,200 |
| Vacancy | $110 | $1,311 |
| Management Fee | $175 | $2,097 |
| Expense / Income Ratio | 16.03% | 16.03% |
| Cash Flow | $1,551 | $18,612 |
| Net Operating Income (NOI) | $1,551 | $18,612 |
| Capitalization Rate | 0.55% | 6.65% |
