47 Margarets Place Unit#406
St. John's, NL, A1C6N3
2 Beds | 2 Baths
$389,900
About the property (MLS: 1294156):
Top-floor downtown living with sweeping city views! This 2-bedroom, 2-bath condo at 47 Margaret’s Place is freshly painted and move-in ready, featuring refurbished cabinets, new countertops and sink, and a full set of appliances included. Step out onto your private balcony and enjoy the vibrant downtown skyline. This unit includes secure underground parking, a private storage room, and access to building amenities such as a fitness room and social room. Located in a well-maintained, elevator-equipped building, it offers the perfect blend of style, convenience, and city living, just minutes from shopping, dining, and all major downtown amenities.The Seller(s) directs that the listing Brokerage, there will be no conveyance of any written offers signed prior to 1:00 pm on the 2nd of Feb. 2026 and all offers to be left open until 6:00 pm on the 2nd of Feb. 2026. (id:56688)
Property Details
Listing ID: 29298149
Address: 47 Margarets Place Unit#406, St. John's, Newfoundland & Labrador, Canada A1C6N3
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 2008
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate, Marble, Ceramic
Living Area Total: 1,217 square feet
Price per sq ft: $321
Tax Annual Amount: $3,218
Tax Year: 2026
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Mini-Split
Flooring: Laminate, Marble, Ceramic
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 460
Number of photos available: 26
Rurl
Coordinates: [47.569103, -52.719157]
Rooms
| Fourth level | Storage Laundry room Bath (# pieces 1-6) Ensuite Bedroom Primary Bedroom Kitchen Dining room Living room Foyer | 8.8 x 6 null 3PC null 4PC null 9 x 10 null 11 x 14 null 15.6 x 12 null 13 x 7 null 20 x 11 null 12 x 4.5 null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,339 | $16,068 |
| Gross rental income (income/principal ratio) | 0.343% | 4.121% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $488 | $5,856 |
| Vacancy | $67 | $804 |
| Management Fee | $108 | $1,286 |
| Expense / Income Ratio | 36.45% | 36.45% |
| Cash Flow | $677 | $8,124 |
| Net Operating Income (NOI) | $677 | $8,124 |
| Capitalization Rate | 0.17% | 2.08% |
