60 Sir Wilfred Grenfell Place
St. John's, NL, A1B0P9
5 Beds | 3 Baths
$620,000
About the property (MLS: 1292267):
Brand new, 2-apartment home conveniently located on a quiet side street in Westgate! This home features 5 bedrooms, 3 bathrooms, with an open concept style in each unit. Main unit has living room, dining room and kitchen with 3 bedrooms and ensuite bath off of the primary with rec room and laundry in the basement. Apartment includes living room and Kitchen, 2 bedrooms and separate laundry facilities and 4-piece bath. Situated on a landscaped lot, walk out basement and 10 Year Atlantic Home Warranty! (id:56688)
Property Details
MLS: 1292267
Listing ID: 29061578
Address: 60 Sir Wilfred Grenfell Place, St. John's, Newfoundland & Labrador, Canada A1B0P9
Status: Active
Last updated: 10 days ago ( Nov 3, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,500 square feet
Price per sq ft: $248
Tax Annual Amount: $5,642
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.54609, -52.80258]
Listing ID: 29061578
Address: 60 Sir Wilfred Grenfell Place, St. John's, Newfoundland & Labrador, Canada A1B0P9
Status: Active
Last updated: 10 days ago ( Nov 3, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,500 square feet
Price per sq ft: $248
Tax Annual Amount: $5,642
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.54609, -52.80258]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Family room | 12x6.7 null 11x9.1 null 10.5x11 null 15.5x11.5 null 10.6x11.5 null 8.5x7.2 null 11x20.1 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Porch Not known Dining room Living room Kitchen | 5.2x5.7 null 9.6x10.5 null 9.6x10 null 5.0x6.5 null 11.10x13.10 null 4.4x7 null 2.6x5.4 null 11.6x7 null 11.6x11 null 17.10x9.6 null |
Basic Calculator
First Mortgage: $496,000
Mortgage insurance premium: $0
Total Financing: $496,000
Rough closing fee (1.5%): ~ $9,300
Total downpayment with estimated closing fee: $133,300
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,750 | $33,000 |
| Gross rental income (income/principal ratio) | 0.444% | 5.323% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $775 | $9,300 |
| Vacancy | $138 | $1,650 |
| Management Fee | $220 | $2,640 |
| Expense / Income Ratio | 28.18% | 28.18% |
| Cash Flow | $1,618 | $19,416 |
| Net Operating Income (NOI) | $1,618 | $19,416 |
| Capitalization Rate | 0.26% | 3.13% |
Capitalization Rate: 3.13%
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).): $885,715
