About the property (MLS: 1293422):
Ideally located within walking distance to the Village Mall, Walmart, Sobeys, public transit, and the new Topsail Road high school, this well-maintained condo offers exceptional convenience and value. The home features a bright, open-concept layout and is fully developed, including a spacious family room and an additional bedroom in the basement. Rear yard and patio deck provide the perfect space to enjoy peaceful evenings. Recent updates include fresh paint throughout, new appliances (fridge, stove, dishwasher, and range hood). Modern heaters and thermostats, new light fixtures, new carpet on the stairs, and cabinet touch-ups currently in progress. Condo fees are an affordable $95 per month and include private and visitor parking, snow clearing, common walkway maintenance, and grass cutting. This property shows extremely well and is an excellent opportunity for first-time home buyers or savvy investors seeking strong rental potential in a highly accessible location. Feel free to reach out if you have any questions. (id:56688)
Property Details
Listing ID: 29219760
Address: 71 Hamlyn Road, St.John's, Newfoundland & Labrador, Canada A1E3Z6
Status: Active
Last updated: 18 days ago ( Jan 6, 2026 )
Year Built: 1967
Property Type: Single Family
Ownership Type: Condominium
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Marble, Carpeted, Ceramic
Living Area Total: 1,560 square feet
Price per sq ft: $183
Tax Annual Amount: $1,460
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Microwave, Cooktop
Water Source: Municipal water
Heating: Electric
Flooring: Hardwood, Laminate, Marble, Carpeted, Ceramic
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 95
Number of photos available: 5
Rurl
Coordinates: [47.535969, -52.754791]
Rooms
| Basement | Family room Laundry room | 12x11.5 null 5x7 null |
| Second level | Bedroom Bedroom | 13x11 null 13x11.6 null |
| Main level | Kitchen Dining room Living room | 15x8 null 12x9 null 13x11 null |
Basic Calculator
First Mortgage: $228,000
Mortgage insurance premium: $0
Total Financing: $228,000
Rough closing fee (1.5%): ~ $4,275
Total downpayment with estimated closing fee: $61,275
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,717 | $20,604 |
| Gross rental income (income/principal ratio) | 0.602% | 7.229% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $357 | $4,284 |
| Vacancy | $86 | $1,031 |
| Management Fee | $138 | $1,649 |
| Expense / Income Ratio | 20.79% | 20.79% |
| Cash Flow | $1,137 | $13,644 |
| Net Operating Income (NOI) | $1,137 | $13,644 |
| Capitalization Rate | 0.40% | 4.79% |







