114 Queens Road
St. John's, NL, A1C2B3
3 Beds | 1 Bath
$179,900
About the property (MLS: 1291920):
Located in the vibrant heart of downtown, this beautifully maintained home offers the perfect blend of character and contemporary comfort. Start your day with a coffee—or unwind in the evening—in the cozy front nook, an ideal spot for soaking in the city’s sights and energy. The home boasts strong curb appeal with recent exterior upgrades, including brand-new windows and freshly installed front clapboard. Inside, you'll find a warm and inviting space with ample ceiling height, featuring new flooring throughout the main level and a bright, spacious front room perfect for relaxing or entertaining. Upstairs offers three generously sized bedrooms and an upgraded full bathroom. The basement adds versatile storage or potential workspace, making the home as functional as it is charming. This home has been enjoyed by the owners for the past 17 years, and at this price point, presents an excellent opportunity for first-time buyers to get out of renting and into homeownership. Walking distance to all major amenities, plus conveniently located on a major bus route, with transit just steps from your door. (id:56688)
Property Details
Listing ID: 29024060
Address: 114 Queens Road, St. John's, Newfoundland & Labrador, Canada A1C2B3
Status: Active
Last updated: 19 days ago ( Oct 25, 2025 )
Year Built: 1900
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: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 1,280 square feet
Price per sq ft: $141
Tax Annual Amount: $1,307
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.5639, -52.710479]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 4pc 12.10 X 8.9 null 11.8 X 9.6 null 11.5X10 null |
| Main level | Kitchen Porch Dining room Living room | 10.7X7.4 null 2.7X3.8 null 12.7 X 9.10 null 11.1X10.6 null |
Basic Calculator
First Mortgage: $143,920
Mortgage insurance premium: $0
Total Financing: $143,920
Rough closing fee (1.5%): ~ $2,699
Total downpayment with estimated closing fee: $38,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,408 | $16,896 |
| Gross rental income (income/principal ratio) | 0.783% | 9.392% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $225 | $2,700 |
| Vacancy | $71 | $845 |
| Management Fee | $113 | $1,352 |
| Expense / Income Ratio | 15.98% | 15.98% |
| Cash Flow | $1,000 | $12,000 |
| Net Operating Income (NOI) | $1,000 | $12,000 |
| Capitalization Rate | 0.56% | 6.67% |
