About the property (MLS: 1293590):
This nearly new (2024) two-apartment home in Kenmount Terrace stands apart for its exceptional finish quality, thoughtful layout, and built-in income flexibility. The main unit offers a bright, open-concept design where the modern kitchen, dining, and living areas flow seamlessly—ideal for everyday living and entertaining. The kitchen is elevated by full-height cabinetry extended to the ceiling, providing enhanced storage and a clean, high-end aesthetic. Upstairs, you’ll find three well-proportioned bedrooms, including a spacious primary suite with walk-in closet and an upgraded ensuite featuring a glass-enclosed stand-up shower. Second-floor laundry adds everyday convenience. The fully self-contained basement apartment is a true turnkey opportunity. Thoughtfully finished and fully furnished, it features two bedrooms, a full kitchen, in-unit laundry, private entrance, and dedicated parking. Designed and operated as a successful Airbnb rental with income over $24,000, the space demonstrates strong demand and offers excellent flexibility for buyers seeking mortgage assistance, multi-generational living, or investment income and for long term rentals as well. Additional highlights include a mini-split system, oversized lot with rear access, paved driveway, nice lot for a garage or shed, and completed landscaping—features that add comfort, functionality, and long-term value. Ideally located near Kelsey Drive amenities, shopping, dining, and transit routes to MUN, this property appeals equally to owner-occupiers and investors. Proximity to the new K–7 school currently under construction in Kenmount Terrace further enhances future neighbourhood value. With modern construction, a high-quality secondary suite, and a prime location in a low-inventory market, this home is a standout offering. (id:56688)
Property Details
Listing ID: 29239757
Address: 73 Tigress Street, St. John's, Newfoundland & Labrador, Canada A1B0G9
Status: Active
Last updated: 13 hours ago ( Jan 19, 2026 )
Year Built: 2023
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,280 square feet
Price per sq ft: $255
Tax Annual Amount: $3,730
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.556163, -52.803904]
Rooms
| Basement | Not known Not known Not known Not known Not known Foyer | 9 x 8.9 null 11.6 x 11 null 9 x 8.4 null 10 x 10 null 12 x 17 null 4 x 6 null |
| Second level | Ensuite Primary Bedroom Bath (# pieces 1-6) Bedroom Bedroom | 8 x 8 null 13 x 12 null 8 x 6 null 10 x 11.6 null 10.8 x 10.8 null |
| Main level | Laundry room Bath (# pieces 1-6) Eat in kitchen Living room Foyer | x 0 null 5 x 5 null 22 x 12 null 11 x 15 null x 0 null |
Basic Calculator
First Mortgage: $464,000
Mortgage insurance premium: $0
Total Financing: $464,000
Rough closing fee (1.5%): ~ $8,700
Total downpayment with estimated closing fee: $124,700
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,508 | $30,096 |
| Gross rental income (income/principal ratio) | 0.432% | 5.189% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $725 | $8,700 |
| Vacancy | $126 | $1,505 |
| Management Fee | $201 | $2,408 |
| Expense / Income Ratio | 28.91% | 28.91% |
| Cash Flow | $1,457 | $17,484 |
| Net Operating Income (NOI) | $1,457 | $17,484 |
| Capitalization Rate | 0.25% | 3.01% |











































