About the property (MLS: 1292844):
2-apartment property with off street parking in the heart of Central St. John's. Close to Downtown, MUN. The two story apartment has 2+1 bedrooms and the side apartment has one bedroom. A portion of the lot is a small backyard. Ideal for Investor and contractors. (id:56688)
Property Details
MLS: 1292844
Listing ID: 29132590
Address: 34-36 Cook Street, St. John's, Newfoundland & Labrador, Canada A1C4L4
Status: Active
Last updated: 2 months ago ( Dec 1, 2025 )
Year Built: 1970
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,760 square feet
Price per sq ft: $199
Tax Annual Amount: $1,143
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
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.564953, -52.718051]
Listing ID: 29132590
Address: 34-36 Cook Street, St. John's, Newfoundland & Labrador, Canada A1C4L4
Status: Active
Last updated: 2 months ago ( Dec 1, 2025 )
Year Built: 1970
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,760 square feet
Price per sq ft: $199
Tax Annual Amount: $1,143
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
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.564953, -52.718051]
Rooms
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Kitchen Other | 9.1x11.10 null 11.2x11.10 null 3 pc 9.6x13 null 11x11 null |
| Main level | Bedroom Bath (# pieces 1-6) Kitchen Porch Living room Bedroom Living room | 9x11 null 3 pc 9x14 null 8.1x9 null 11.8x13 null 11x7.8 null 13.2x11.1 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,937 | $23,244 |
| Gross rental income (income/principal ratio) | 0.554% | 6.643% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $97 | $1,163 |
| Management Fee | $155 | $1,860 |
| Expense / Income Ratio | 22.61% | 22.61% |
| Cash Flow | $1,248 | $14,976 |
| Net Operating Income (NOI) | $1,248 | $14,976 |
| Capitalization Rate | 0.36% | 4.28% |
Capitalization Rate: 4.28%
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).): $499,858




