
About the property (MLS: 1292062):
2 year old 2 apartment on the doorstep of Kelsey Drive shopping district and on the bus route to MUN has just hit the market. This ultra modern, large two storey home with mini-split system sits on an oversized lot with rear access which is a huge bonus. The main unit has an open living room, dining and kitchen. On the second floor there are three bedrooms, the master has a walk in closet and ensuite. as well as laundry . The spacious apartment has a covered entrance, two bedrooms, open living room, dining room and kitchen. There is also a laundry area, paved driveway and landscaping included. (id:56688)
Property Details
Listing ID: 29059169
Address: 61 Tigres Street, St. John's, Newfoundland & Labrador, Canada A1B0L6
Status: Active
Last updated: 11 days ago ( Nov 3, 2025 )
Year Built: 2023
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,280 square feet
Price per sq ft: $250
Tax Annual Amount: $3,734
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Cooktop
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.555783, -52.801153]
Rooms
| Second level | Bedroom Ensuite Bath (# pieces 1-6) Bedroom Primary Bedroom | 10.8 x 10.8 null 4pcs 4pcs 10 x 11.6 null 13 x 12 null |
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known | 4pcs 9 x 8.9 null 9 x 8.4 null 11.6 x 11 null 12 x 17 null |
| Main level | Bath (# pieces 1-6) Kitchen Dining room Living room | 2pcs 10 x 12 null 11 x 9 null 11 x 15 null |
Basic Calculator
First Mortgage: $456,000
Mortgage insurance premium: $0
Total Financing: $456,000
Rough closing fee (1.5%): ~ $8,550
Total downpayment with estimated closing fee: $122,550
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,508 | $30,096 |
| Gross rental income (income/principal ratio) | 0.440% | 5.280% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $713 | $8,556 |
| Vacancy | $126 | $1,505 |
| Management Fee | $201 | $2,408 |
| Expense / Income Ratio | 28.43% | 28.43% |
| Cash Flow | $1,469 | $17,628 |
| Net Operating Income (NOI) | $1,469 | $17,628 |
| Capitalization Rate | 0.26% | 3.09% |


