5 Summer Street
St. John's, NL, A1C2T8
2 Beds | 1 Bath
$149,900
About the property (MLS: 1292565):
Priced to sell and offering immediate occupancy, this tidy two-bedroom semi-attached home is a great opportunity for first-time buyers and investors. Located in the heart of St. John’s—just minutes from downtown, the university, grocery stores, and all the conveniences of an urban lifestyle—you can own this home for less than rent. The property features oil heating, a cozy backyard, and off-street parking for a small car. It is vacant and move-in ready. Being sold as is, as the current owners have never lived there and have used it strictly as a rental. (id:56688)
Property Details
Listing ID: 29109087
Address: 5 Summer Street, St. John's, Newfoundland & Labrador, Canada A1C2T8
Status: Active
Last updated: 2 months ago ( Nov 17, 2025 )
Year Built: 1950
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Laminate, Other, Mixed Flooring
Living Area Total: 1,116 square feet
Price per sq ft: $135
Tax Annual Amount: $1,313
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Heating: Oil
Flooring: Laminate, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.564897, -52.722562]
Rooms
| Second level | Bedroom Bedroom Primary Bedroom | 8.00 x 8.00 null 11.00 x 10.00 null 14.00 x 8.00 null |
| Main level | Storage Living room Kitchen | 10.00 x 10.00 null 14.00 x 10.00 null 17.00 x 10.00 null |
Basic Calculator
First Mortgage: $119,920
Mortgage insurance premium: $0
Total Financing: $119,920
Rough closing fee (1.5%): ~ $2,249
Total downpayment with estimated closing fee: $32,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,228 | $14,736 |
| Gross rental income (income/principal ratio) | 0.819% | 9.831% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $188 | $2,256 |
| Vacancy | $62 | $737 |
| Management Fee | $99 | $1,179 |
| Expense / Income Ratio | 15.31% | 15.31% |
| Cash Flow | $881 | $10,572 |
| Net Operating Income (NOI) | $881 | $10,572 |
| Capitalization Rate | 0.59% | 7.05% |
