84 Cornwall Avenue
St. John's, NL, A1E1Y9
6 Beds | 3 Baths
$425,000
About the property (MLS: 1293481):
This approved two apartment home is virtually a new house! It was recently stripped to the studs and the plumbing, the electrical, insulation, drywall, plaster, paint, windows , doors, plugs, heaters, light fixtures, h vacs, flooring, light fixtures, thermostats, and plugs have all been installed new. Each phase has been inspected by the City of St. John's and everything is up to current code. Even the water and sewer lines from the street have been replaced. There are a total of 6 bedrooms, all with egress windows. There are 3 full bathrooms. Each unit has its own laundry. All the exterior walls both upstairs and downstairs have been sprayed with insulating foam. There is nothing to do but move in. Rent both units or live in one and rent the other, either way this is a great investment. All appliances are included. There is also a detached garage. (id:56688)
Property Details
Listing ID: 29219224
Address: 84 Cornwall Avenue, St. John's, Newfoundland & Labrador, Canada A1E1Y9
Status: Active
Last updated: 12 days ago ( Jan 12, 2026 )
Year Built: 1960
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,123 square feet
Price per sq ft: $201
Tax Annual Amount: $1,800
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.541608, -52.736312]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Not known Laundry room Bath (# pieces 1-6) Bedroom | 4 pc 7.3x4.1 null 18.3x9.1 null 13.1x9.7 null 9.2x8.8 null 16.4x12.10 null 8.10x8.2 null 4 pc 12.9x9.10 null |
| Main level | Bedroom Bedroom Bedroom Bath (# pieces 1-6) Dining room Kitchen Living room | 10.10x 10.3 null 15.1x 15.10 null 10.5x10.5 null 4 pc 10.5x10.5 null 14.11x9.7 null 18.6x12.2 null |
Basic Calculator
First Mortgage: $340,000
Mortgage insurance premium: $0
Total Financing: $340,000
Rough closing fee (1.5%): ~ $6,375
Total downpayment with estimated closing fee: $91,375
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,336 | $28,032 |
| Gross rental income (income/principal ratio) | 0.550% | 6.596% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $532 | $6,384 |
| Vacancy | $117 | $1,402 |
| Management Fee | $187 | $2,243 |
| Expense / Income Ratio | 22.77% | 22.77% |
| Cash Flow | $1,501 | $18,012 |
| Net Operating Income (NOI) | $1,501 | $18,012 |
| Capitalization Rate | 0.35% | 4.24% |
