22 Spencer Street
St. John's, NL, A1C4H2
3 Beds | 1 Bath
$139,900
About the property (MLS: 1294131):
Nestled in the vibrant core of St. John’s, this 3 bedroom, 1 bath townhouse offers an incredible opportunity for those seeking a property with potential. Perfectly situated near shops, restaurants, parks, and public transit, this home combines convenience with the charm of city living. The home boasts a large kitchen area, separate dining or office space, bright and open main floor as well as a huge primary bedroom for a home of this nature. This property requires some work and is being sold as is, making it an excellent choice for investors, renovators, or first-time buyers looking to add value and fulfil their dream of homeownership. Don’t miss this chance to own a piece of downtown St. John’s with endless potential. Schedule a viewing today and imagine the possibilities this home has to offer. (id:56688)
Property Details
Listing ID: 29293140
Address: 22 Spencer Street, St. John's, Newfoundland & Labrador, Canada A1C4H2
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1950
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,300 square feet
Price per sq ft: $108
Tax Annual Amount: $1,155
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.564896, -52.715964]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 4pc 12 x 8 null 10 x 8 null 10 x 18 null |
| Main level | Living room Dining room Kitchen | 12 x 16 null 12 x 8 null 15 x 11 null |
Basic Calculator
First Mortgage: $111,920
Mortgage insurance premium: $0
Total Financing: $111,920
Rough closing fee (1.5%): ~ $2,099
Total downpayment with estimated closing fee: $30,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,431 | $17,172 |
| Gross rental income (income/principal ratio) | 1.023% | 12.274% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $175 | $2,100 |
| Vacancy | $72 | $859 |
| Management Fee | $115 | $1,374 |
| Expense / Income Ratio | 12.23% | 12.23% |
| Cash Flow | $1,070 | $12,840 |
| Net Operating Income (NOI) | $1,070 | $12,840 |
| Capitalization Rate | 0.76% | 9.18% |
