7 Whiteway Place
St. John's, NL, A1B1J7
3 Beds | 2 Baths
$299,000
About the property (MLS: 1290879):
7 Whiteway Place, St. John’s LOCATION!! LOCATION!! LOCATION!! This home sits on a beautiful mature lot in a superb location on a quiet cul-de-sac, just a short walk to Memorial University and Churchill Square! While once full of charm, the property now requires significant updates and is being sold "as is, where is". A great opportunity for buyers/investors with a vision to restore and customize in one of the city’s most desirable neighbourhoods. (id:56688)
Property Details
MLS: 1290879
Listing ID: 29030172
Address: 7 Whiteway Place, St. John's, Newfoundland & Labrador, Canada A1B1J7
Status: Active
Last updated: 15 days ago ( Oct 30, 2025 )
Year Built: 1948
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: No heat
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,250 square feet
Price per sq ft: $240
Tax Annual Amount: $2,700
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: No heat
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.571173, -52.722821]
Listing ID: 29030172
Address: 7 Whiteway Place, St. John's, Newfoundland & Labrador, Canada A1B1J7
Status: Active
Last updated: 15 days ago ( Oct 30, 2025 )
Year Built: 1948
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: No heat
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,250 square feet
Price per sq ft: $240
Tax Annual Amount: $2,700
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: No heat
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.571173, -52.722821]
Rooms
| Main level | Ensuite Bath (# pieces 1-6) Porch Laundry room Den Primary Bedroom Bedroom Bedroom Not known Living room | 4 pce 3 pce 17.5 x 7.3 null 12.6 x 7.3 null 11.1 x 8.8 null 17.5 x 13 null 12.5 x 12 null 11 x 9.1 null 14.8 x 13.5 null 15.3 x 12.1 null |
Basic Calculator
First Mortgage: $239,200
Mortgage insurance premium: $0
Total Financing: $239,200
Rough closing fee (1.5%): ~ $4,485
Total downpayment with estimated closing fee: $64,285
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,375 | $16,500 |
| Gross rental income (income/principal ratio) | 0.460% | 5.518% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $374 | $4,488 |
| Vacancy | $69 | $825 |
| Management Fee | $110 | $1,320 |
| Expense / Income Ratio | 27.20% | 27.20% |
| Cash Flow | $823 | $9,876 |
| Net Operating Income (NOI) | $823 | $9,876 |
| Capitalization Rate | 0.28% | 3.30% |
Capitalization Rate: 3.30%
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).): $427,143
