55 Brazil Street
St. John's, NL, A1C4V3
3 Beds | 1 Bath
$139,900
About the property (MLS: 1291738):
Cozy townhome ready for a first time home buyer or investor! This 2 storey home is just minutes from all the action downtown, near George Street, Convention Centre and The Pedestrian Mall. It is also just minutes drive to the Ropewalk Lane Shopping Area, St. Claire's Hospital, & Memorial University. The main floor has a bright living room, formal dining room and a large kitchen with access to the private back yard. The top floor has 3 bedrooms and a 3 piece bathroom. Book your private viewing today! (id:56688)
Property Details
MLS: 1291738
Listing ID: 29012950
Address: 55 Brazil Street, St. John's, Newfoundland & Labrador, Canada A1C4V3
Status: Active
Last updated: 24 days ago ( Oct 21, 2025 )
Year Built: 1925
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: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Mixed Flooring
Fencing: Fence
Living Area Total: 1,300 square feet
Price per sq ft: $108
Tax Annual Amount: $1,459
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.559045, -52.716302]
Listing ID: 29012950
Address: 55 Brazil Street, St. John's, Newfoundland & Labrador, Canada A1C4V3
Status: Active
Last updated: 24 days ago ( Oct 21, 2025 )
Year Built: 1925
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: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Mixed Flooring
Fencing: Fence
Living Area Total: 1,300 square feet
Price per sq ft: $108
Tax Annual Amount: $1,459
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.559045, -52.716302]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 3 Piece null 17 x 9 null 12.5 x 10.5 null 12.5 x 11 null |
| Main level | Not known Dining room Living room | 17.5 x 9 null 13 x 11 null 12 x 11 null |
Basic Calculator
First Mortgage: $111,920
Mortgage insurance premium: $0
Total Financing: $111,920
Rough closing fee (1.5%): ~ $2,099
Total downpayment with estimated closing fee: $30,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,431 | $17,172 |
| Gross rental income (income/principal ratio) | 1.023% | 12.274% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $175 | $2,100 |
| Vacancy | $72 | $859 |
| Management Fee | $115 | $1,374 |
| Expense / Income Ratio | 12.23% | 12.23% |
| Cash Flow | $1,070 | $12,840 |
| Net Operating Income (NOI) | $1,070 | $12,840 |
| Capitalization Rate | 0.76% | 9.18% |
Capitalization Rate: 9.18%
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).): $199,858
