11 Cambridge Avenue
St. John's, NL, A1A3N7
6 Beds | 2 Baths
$379,900
About the property (MLS: 1291855):
Welcome to 11 Cambridge Avenue — a registered two-apartment home in a great, mature east-end neighbourhood. The main unit features an inviting layout with open-concept living and dining areas with a fireplace, an updated kitchen complete with island and patio access, and three comfortable bedrooms on the upper level. The lower portion of the main unit includes a fourth bedroom — perfect as a hobby space, rec room, or additional storage — plus a spacious laundry and utility room. The self-contained basement apartment was designed with comfort and practicality in mind. It includes two bedrooms, a full bathroom, and an open living and kitchen area with its own private entrance. The apartment currently has access to the main unit’s laundry room if desired (as it was originally used by a family member), but can easily function without shared access depending on preference. Recent upgrades include brand new shingles (July 2025). Each unit has separate electrical meters and individual water tanks. Set on a corner lot with southeast exposure, the property offers a fully fenced yard and a storage shed. Located just off Logy Bay Road, this home provides quick access to the Academy Canada campus, the scenic Virginia River walking trail, and all nearby amenities. Whether you’re looking for a comfortable home with income potential or a solid investment opportunity, 11 Cambridge Avenue is a smart and move-in-ready choice. As per the Seller’s Directive, there will be no conveyance of offers prior to 12:00pm on Tuesday, October 28, 2025 and offers are to remain open until 5:00pm on the same day. (id:56688)
Property Details
Listing ID: 29025344
Address: 11 Cambridge Avenue, St. John's, Newfoundland & Labrador, Canada A1A3N7
Status: Active
Last updated: 21 days ago ( Oct 23, 2025 )
Year Built: 1979
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 6
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,187 square feet
Price per sq ft: $174
Tax Annual Amount: $2,799
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.602618, -52.695598]
Rooms
| Main level | Bedroom Bedroom Bedroom Bath (# pieces 1-6) Dining room Living room Kitchen | 12.5 x 11.2 null 8.10 x 14.6 null 12.6 x 12.2 null 5 x 9.3 null 10.6 x 12.9 null 12.6 x 15.2 null 12.5 x 12.4 null |
| Lower level | Recreation room | 12.5 x 9.7 null |
| Basement | Laundry room Bedroom Bedroom Bath (# pieces 1-6) Family room Kitchen | 9.6 x 12.4 null 11 x 12.4 null 8.8 x 12.5 null 5.1 x 6.7 null 14.1 x 12.5 null 8.9 x 8.6 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,406 | $28,872 |
| Gross rental income (income/principal ratio) | 0.633% | 7.600% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $121 | $1,444 |
| Management Fee | $193 | $2,310 |
| Expense / Income Ratio | 19.74% | 19.74% |
| Cash Flow | $1,619 | $19,428 |
| Net Operating Income (NOI) | $1,619 | $19,428 |
| Capitalization Rate | 0.43% | 5.11% |
