55 Cabot Street
St. John's, NL, A1C1Z7
2 Beds | 1 Bath
$260,000
About the property (MLS: 1292130):
If you look up "A Perfect Charming Downtown Home" in the dictionary, you will see a picture of 55 Cabot St!!! Currently being used as a very successful BnB, this property will be a profitable investment for your real estate portfolio, or it could also make for the perfect home for anyone looking to stop renting and get into home ownership. Coziness is the first thing that comes to mind when you walk into this lovely downtown home. On the main level, you'll notice the property has been updated over the past few years, with a modern kitchen and living area. The second floor features the most stunning full bath, as well as a spacious bedroom with a balcony. Continuing up to the third level, you'll find the whole floor dedicated to a primary bedroom, which also features a balcony. Lastly, you have to take a look at that back deck space. Perfect for entertaining on those warm Summer nights, or even light up the fire table and sit around enjoying the crisp Winter air. This property comes fully furnished, and is also pre-inspected for your convenience. With no sellers direction timeline on this one, the sellers will gladly entertain any serious buyers as the offers come in. Don't hesitate and let someone else snatch up this amazing property, call now to set up your private viewing. (id:56688)
Property Details
Listing ID: 29058886
Address: 55 Cabot Street, St. John's, Newfoundland & Labrador, Canada A1C1Z7
Status: Active
Last updated: 9 days ago ( Nov 4, 2025 )
Year Built: 1945
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 822 square feet
Price per sq ft: $317
Tax Annual Amount: $1,820
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 18
Rurl
Coordinates: [47.562199, -52.71494]
Rooms
| Third level | Bedroom | 15.9 x 15.0 null |
| Second level | Bath (# pieces 1-6) Bedroom | 9.3 x 8.9 null 14.4 x 10.6 null |
| Main level | Laundry room Kitchen Living room | 5.0 x 5.0 null 13.0 x 10.6 null 11.5 x 10.0 null |
Basic Calculator
First Mortgage: $208,000
Mortgage insurance premium: $0
Total Financing: $208,000
Rough closing fee (1.5%): ~ $3,900
Total downpayment with estimated closing fee: $55,900
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $905 | $10,860 |
| Gross rental income (income/principal ratio) | 0.348% | 4.177% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $325 | $3,900 |
| Vacancy | $46 | $543 |
| Management Fee | $73 | $869 |
| Expense / Income Ratio | 35.91% | 35.91% |
| Cash Flow | $463 | $5,556 |
| Net Operating Income (NOI) | $463 | $5,556 |
| Capitalization Rate | 0.18% | 2.14% |
