21 Lanse aux Meadows Crescent Unit#313
St. John's, NL, A1E5C1
2 Beds | 1 Bath
$245,000
About the property (MLS: 1293951):
Located in the highly desirable Village Park Condominiums. This bright and spacious 2-bedroom end unit is filled with tons of natural light and just a short walk from shopping, recreation, and other amenities. Featuring an open-concept living and dining area, adjoining kitchen, two bedrooms, a full main bathroom, and convenient in-unit laundry for added comfort and practicality. Set within a quiet, well-maintained building, with low condo fees, you can enjoy a maintenance-free lifestyle. Don't miss!! (id:56688)
Property Details
MLS: 1293951
Listing ID: 29274129
Address: 21 Lanse aux Meadows Crescent Unit#313, St. John's, Newfoundland & Labrador, Canada A1E5C1
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1989
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 950 square feet
Price per sq ft: $258
Tax Annual Amount: $1,658
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: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Brick
Common Interest: Condo/Strata
Association Fee: 220
Number of photos available: 17
Rurl
Coordinates: [47.543368, -52.748387]
Listing ID: 29274129
Address: 21 Lanse aux Meadows Crescent Unit#313, St. John's, Newfoundland & Labrador, Canada A1E5C1
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1989
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 950 square feet
Price per sq ft: $258
Tax Annual Amount: $1,658
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: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Brick
Common Interest: Condo/Strata
Association Fee: 220
Number of photos available: 17
Rurl
Coordinates: [47.543368, -52.748387]
Rooms
| Main level | Bedroom Primary Bedroom Kitchen Dining room Living room | 13.6 x 8.8 null 13.6 x 10.9 null 10.5 x 8.1 null 9.2 x 8.6 null 18.8 x 13 null |
Basic Calculator
First Mortgage: $196,000
Mortgage insurance premium: $0
Total Financing: $196,000
Rough closing fee (1.5%): ~ $3,675
Total downpayment with estimated closing fee: $52,675
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,045 | $12,540 |
| Gross rental income (income/principal ratio) | 0.427% | 5.118% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $307 | $3,684 |
| Vacancy | $53 | $627 |
| Management Fee | $84 | $1,004 |
| Expense / Income Ratio | 29.38% | 29.38% |
| Cash Flow | $603 | $7,236 |
| Net Operating Income (NOI) | $603 | $7,236 |
| Capitalization Rate | 0.25% | 2.95% |
Capitalization Rate: 2.95%
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).): $350,000
