About the property (MLS: 1291797):
Priced at $269,000 – Cheaper Than Renting! Discover this charming, well-maintained 3-bedroom, 1-bathroom townhouse at 46 Blackmarsh Road. This home blends character, modern upgrades, and convenience, making it ideal for first-time buyers, young professionals, or investors seeking a student rental. Step into a bright eat-in kitchen that flows to a private deck and fenced backyard, perfect for relaxing or entertaining. The spacious living room is ideal for gatherings, while the basement offers laundry and ample storage. The backyard is a gardener’s dream, featuring mature trees and established beds with strawberries, rhubarb, blackcurrants, and more. Recent upgrades ensure worry-free living: fully upgraded PEX plumbing (April 2025), updated bathroom (2025), sewage line cleaned and lined by Alfonso Group, and a new roof (2019). Loved by its owners for over 50 years, this home radiates warmth and care. Cheaper Than Renting: At $269,000 with a 5% down payment ($13,450), enjoy low monthly payments based on a 25-year amortization (confirm with your lender): 5-Year Fixed (3.79%): Approx. $1,319/month (principal and interest). 5-Year Variable (3.70%): Approx. $1,307/month (principal and interest). In St. John’s, renting a comparable home costs more—owning this move-in-ready townhouse is the smarter, more affordable choice! As per Seller's Direction there will be no convayance of offer before Friday, October 24 @ 5:00 P.M. Please have your offer remain open until 9:00 p.m. on Friday. (id:56688)
Property Details
Listing ID: 29017833
Address: 46 Blackmarsh Road, St. John's, Newfoundland & Labrador, Canada A1E1S5
Status: Active
Last updated: 18 days ago ( Oct 26, 2025 )
Year Built: 1975
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other
Fencing: Fence
Living Area Total: 1,700 square feet
Price per sq ft: $159
Tax Annual Amount: $1,464
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.551886, -52.730616]
Rooms
| Basement | Storage Laundry room | 12X12 null 19X24.6 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 8.7X6.4 null 8.4x10.4 null 8.4x11.7 null 10.6x11 null |
| Main level | Other Porch Not known Living room | 3x15 null 4.3x4.3 null 19.3x13.3 null 16x13.4 null |
Basic Calculator
First Mortgage: $215,200
Mortgage insurance premium: $0
Total Financing: $215,200
Rough closing fee (1.5%): ~ $4,035
Total downpayment with estimated closing fee: $57,835
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,871 | $22,452 |
| Gross rental income (income/principal ratio) | 0.696% | 8.346% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $337 | $4,044 |
| Vacancy | $94 | $1,123 |
| Management Fee | $150 | $1,797 |
| Expense / Income Ratio | 18.01% | 18.01% |
| Cash Flow | $1,291 | $15,492 |
| Net Operating Income (NOI) | $1,291 | $15,492 |
| Capitalization Rate | 0.48% | 5.76% |
































