200 WATER Street
ST. JOHN'S, NL, A1C1A9
$550,000
About the property (MLS: 1292229):
Attention all entrepreneurs!! Located in the heart of the downtown district of St. John's and in the middle of the " Pedestrian Mall." Three floors have a combined area of 3600 sq. Excellent layout consisting of 8 offices 1 board room and kitchen over the top 2 floors. Washroom on each floor. Space shows well with fresh paint and flooring. Excellent office space for anyone wishing to capture the 'downtown energy'. (id:56688)
Property Details
MLS: 1292229
Listing ID: 29079170
Address: 200 WATER Street, ST. JOHN'S, Newfoundland & Labrador, Canada A1C1A9
Status: Active
Last updated: a month ago ( Dec 12, 2025 )
Property Type: Other
Structure Type: Other
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Heating: Electric
Flooring: Mixed Flooring, Concrete Slab
Living Area Total: 3,600 square feet
Price per sq ft: $153
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric
Flooring: Mixed Flooring, Concrete Slab
Common Interest: Freehold
Business Type: Other, Retail and Wholesale, Service
Number of photos available: 11
Rurl
Coordinates: [47.564219, -52.707069]
Listing ID: 29079170
Address: 200 WATER Street, ST. JOHN'S, Newfoundland & Labrador, Canada A1C1A9
Status: Active
Last updated: a month ago ( Dec 12, 2025 )
Property Type: Other
Structure Type: Other
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Heating: Electric
Flooring: Mixed Flooring, Concrete Slab
Living Area Total: 3,600 square feet
Price per sq ft: $153
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric
Flooring: Mixed Flooring, Concrete Slab
Common Interest: Freehold
Business Type: Other, Retail and Wholesale, Service
Number of photos available: 11
Rurl
Coordinates: [47.564219, -52.707069]
Rooms
Basic Calculator
First Mortgage: $440,000
Mortgage insurance premium: $0
Total Financing: $440,000
Rough closing fee (1.5%): ~ $8,250
Total downpayment with estimated closing fee: $118,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,961 | $47,532 |
| Gross rental income (income/principal ratio) | 0.720% | 8.642% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $688 | $8,256 |
| Vacancy | $199 | $2,377 |
| Management Fee | $317 | $3,803 |
| Expense / Income Ratio | 17.37% | 17.37% |
| Cash Flow | $2,759 | $33,108 |
| Net Operating Income (NOI) | $2,759 | $33,108 |
| Capitalization Rate | 0.50% | 6.02% |
Capitalization Rate: 6.02%
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).): $785,715
