52 Prince of Wales Street
St. John's, NL, A1C4N2
2 Beds | 2 Baths
$239,900
About the property (MLS: 1291807):
Welcome to 52 Prince of Wales Street – a downtown gem combining modern upgrades, walkable convenience, and proven investment potential in one of St. John’s most sought-after neighbourhoods. Steps from St. Clare’s Hospital, Bannerman Park, George Street, and the city’s best restaurants, this semi-detached two-storey was fully renovated in 2020 and has since been impeccably maintained and successfully operated as a short-term rental with top ratings and strong financial performance. The home showcases thoughtful, timeless upgrades including new vinyl siding, torched-on roof, upgraded windows, modern electrical and plumbing, added insulation, contemporary lighting, and durable flooring throughout. Inside, 9-foot ceilings enhance the bright, open-concept main floor featuring a stylish eat-in kitchen with subway-tile backsplash, ample counter space, and direct access to a private fenced yard with a deck — a rare feature in this central location. A convenient half bath and updated entry complete the main level. Upstairs, two spacious bedrooms, a beautifully tiled full bath, and an in-house laundry room offer everyday comfort and functionality. Heating is efficient with electric baseboards and a heat pump for year-round climate control. Free on-street parking, municipal services, and low utility costs make ownership easy and affordable. Whether you continue its successful use as an income property or move in and enjoy low-maintenance downtown living, 52 Prince of Wales Street delivers a rare blend of location, efficiency, and long-term value. A true turnkey opportunity just minutes from everything. No conveyance of any written signed offers prior to 2:00 pm on October 30, 2025 with offers being left open for acceptance until 6:00 pm on October 30, 2025 (id:56688)
Property Details
Listing ID: 29028698
Address: 52 Prince of Wales Street, St. John's, Newfoundland & Labrador, Canada A1C4N2
Status: Active
Last updated: 21 days ago ( Oct 24, 2025 )
Year Built: 1925
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Fencing: Fence
Living Area Total: 971 square feet
Price per sq ft: $248
Tax Annual Amount: $1,842
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Laminate, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.561292, -52.720804]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 4 Piece null 13.3 x 11.0 null 13.1 x 10.11 null |
| Main level | Bath (# pieces 1-6) Laundry room Foyer Living room Kitchen | 2 Piece null 6.4 x 5.2 null 5.1 x 3.1 null 13.1 x 11.1 null 13.2 x 11.5 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,069 | $12,828 |
| Gross rental income (income/principal ratio) | 0.446% | 5.347% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $300 | $3,600 |
| Vacancy | $54 | $642 |
| Management Fee | $86 | $1,027 |
| Expense / Income Ratio | 28.06% | 28.06% |
| Cash Flow | $631 | $7,572 |
| Net Operating Income (NOI) | $631 | $7,572 |
| Capitalization Rate | 0.26% | 3.16% |
