70 Mark Nichols Place
St. John's, NL, A1H0A2
3 Beds | 3 Baths
$535,500
About the property (MLS: 1292003):
Stunning raised 2 apartment bungalow on quiet cul de sac in Southlands. The main unit has it's entrance on the main floor with a large foyer. You go up the hardwood stairs to be greeted with a very spacious living space that includes very roomy living room with propane fireplace and hardwood floors. To the rear is the huge kitchen / dining area featuring beautiful walnut cabinets with a very convenient offset. Many, many cabinets, stainless steel appliances and ceramic floors. There's a private patio off the kitchen. You have laundry off the hall that leads to two generous bedrooms. The master has an ensuite and a walk in closet. Two full baths on this floor. The garage is part of the main unit. The apartment entrance is to the right side of the home and is super spacious and of course, wheelchair accessible. The apartment has one bedroom, it's own laundry and gorgeous living room. All windows are large and makes this space very bright. Apartment is currently leased but could make a wonderful space for seniors or couples alike. All appliances and storage shed are included. Propane tank is leases and not part of the sale. (id:56688)
Property Details
Listing ID: 29036191
Address: 70 Mark Nichols Place, St. John's, Newfoundland & Labrador, Canada A1H0A2
Status: Active
Last updated: 17 days ago ( Oct 27, 2025 )
Year Built: 2009
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 2,150 square feet
Price per sq ft: $250
Tax Annual Amount: $0
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.488416, -52.811062]
Rooms
| Main level | Bath (# pieces 1-6) Not known Not known Not known Not known Foyer Not known | 10x6 null 8x4 null 14x12 null 20x12 null 18x11 null 12x11 null 20x13 null |
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Ensuite Bedroom Not known Living room/Fireplace | 4x8 null 6x8 null 12x11 null 6x10 null 14x12 null 18x16 null 22x15 null |
Basic Calculator
First Mortgage: $428,400
Mortgage insurance premium: $0
Total Financing: $428,400
Rough closing fee (1.5%): ~ $8,033
Total downpayment with estimated closing fee: $115,133
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,365 | $28,380 |
| Gross rental income (income/principal ratio) | 0.442% | 5.300% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $670 | $8,040 |
| Vacancy | $119 | $1,419 |
| Management Fee | $190 | $2,271 |
| Expense / Income Ratio | 28.33% | 28.33% |
| Cash Flow | $1,388 | $16,656 |
| Net Operating Income (NOI) | $1,388 | $16,656 |
| Capitalization Rate | 0.26% | 3.11% |
