8 Caravelle Place
ST. JOHN'S, NL, A1A0N4
5 Beds | 4 Baths
$620,000
About the property (MLS: 1293991):
Welcome to this stunning two-apartment home with attached garage, ideally located in the prestigious Roncalli Ridge subdivision in the East End across from YYT. Impeccably maintained and beautifully presented, this property offers refined living with exceptional income potential—perfect for first-time home buyer seeking a mortgage helper or the savvy investor. The main unit showcases an elegant kitchen with stainless steel appliances, a spacious open living and dining area, primary bedroom complete with walk-in closet and ensuite, convenient main-floor laundry, and a good sized recreation room with half bath. The bright, self-contained apartment is equally impressive, featuring a private enclosed entrance, pantry, eat-in kitchen, two well-sized bedrooms, and a separate laundry room. Enjoy outdoor living on the covered back deck, ideal rain or shine, overlooking a fully fenced yard. Additional highlights include three mini-splits, two new hot water tanks, and a quality tenant who would love to stay. Both units are welcoming, pristine, and truly show pride of ownership. As per sellers directive viewings begin Friday Jan 23rd at noon and all offer to be registered by 3 pm Monday Jan 26th and left open until 8 pm. (id:56688)
Property Details
Listing ID: 29282978
Address: 8 Caravelle Place, ST. JOHN'S, Newfoundland & Labrador, Canada A1A0N4
Status: Active
Last updated: 11 hours ago ( Feb 2, 2026 )
Year Built: 2017
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,900 square feet
Price per sq ft: $214
Tax Annual Amount: $4,450
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 47
Rurl
Coordinates: [47.607342, -52.745889]
Rooms
| Lower level | Laundry room Bedroom Bedroom Porch Not known Not known Bath (# pieces 1-6) Recreation room | 5.8x9.7 null 12.5x13.8 null 10.6x11.3 null 4.5x11.5 null 11.5x10 null 11.5x12 null 6x5 null 13x21 null |
| Main level | Other Ensuite Bath (# pieces 1-6) Laundry room Bedroom Bedroom Living room Porch Foyer Living room Eating area Kitchen | 5x8 null 5x8 null 6x8 null 6.5x5.5 null 14x9 null 10x10.5 null 17x13.5 null 7x7 null 9.5x8 null 17x13.5 null 10x12 null 13x11 null |
| Second level | Primary Bedroom | 14x12 null |
Basic Calculator
First Mortgage: $496,000
Mortgage insurance premium: $0
Total Financing: $496,000
Rough closing fee (1.5%): ~ $9,300
Total downpayment with estimated closing fee: $133,300
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,191 | $38,292 |
| Gross rental income (income/principal ratio) | 0.515% | 6.176% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $775 | $9,300 |
| Vacancy | $160 | $1,915 |
| Management Fee | $256 | $3,064 |
| Expense / Income Ratio | 24.29% | 24.29% |
| Cash Flow | $2,002 | $24,024 |
| Net Operating Income (NOI) | $2,002 | $24,024 |
| Capitalization Rate | 0.32% | 3.87% |
