120 Casey Street
St. John's, NL, A1C4X7
4 Beds | 1 Bath
$225,000
About the property (MLS: 1292103):
Welcome to 120 Casey Street! This cozy home is ideally located in the heart of downtown, offering both comfort and convenience. The upper-level features four good sized bedrooms and a full bathroom, providing ample space for everyone to enjoy. Step through the front door and on the left into a bright and inviting living room, which flows seamlessly into a spacious dining area — perfect for entertaining friends and family. Down the hall, you’ll find a charming kitchen with direct access to a back deck and an oversized backyard — a rare find in the downtown area! This property is within walking distance to the Mary Brown’s Centre, a variety of restaurants and coffee shops, schools, and major bus routes. Off-street parking is available to the left of the home, with on-street permit parking also an option if needed. Currently being rented month to month for $1,750 POU, with tenants wishing to remain until June 2026. The home has been pre-inspected for your convenience. (id:56688)
Property Details
Listing ID: 29051974
Address: 120 Casey Street, St. John's, Newfoundland & Labrador, Canada A1C4X7
Status: Active
Last updated: 9 days ago ( Nov 5, 2025 )
Year Built: 1940
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 1,473 square feet
Price per sq ft: $153
Tax Annual Amount: $1,372
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Wood, Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 32
Rurl
Coordinates: [47.558611, -52.718329]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Primary Bedroom | 4.11 x 8.06 null 8.05 x 7.11 null 12.00 x 9.00 null 11.02 x 9.00 null 12.00 x 10.06 null |
| Main level | Living room Dining room Kitchen | 13.09 x 11.02 null 10.02 x 12.03 null 11.11 x 10.06 null |
Basic Calculator
First Mortgage: $180,000
Mortgage insurance premium: $0
Total Financing: $180,000
Rough closing fee (1.5%): ~ $3,375
Total downpayment with estimated closing fee: $48,375
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,621 | $19,452 |
| Gross rental income (income/principal ratio) | 0.720% | 8.645% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $282 | $3,384 |
| Vacancy | $82 | $973 |
| Management Fee | $130 | $1,557 |
| Expense / Income Ratio | 17.40% | 17.40% |
| Cash Flow | $1,129 | $13,548 |
| Net Operating Income (NOI) | $1,129 | $13,548 |
| Capitalization Rate | 0.50% | 6.02% |
