About the property (MLS: 1294185):
Welcome to 42 Diana Road, a well-maintained and tastefully updated two-apartment home. This property offers a flexible living arrangement, steady rental income and a convenient location. The property includes 5 bedrooms and 3 full bathrooms, with separate outdoor areas for each unit. The main unit offers an open-concept layout with three bedrooms and a fully renovated main bathroom with modern finishes. The kitchen has been updated with refinished cabinetry, countertops, backsplash, island, sink, and most appliances. The large windows provide excellent flowing sunlight, while recent improvements include new flooring and subfloors, new main level interior doors, and a new back exterior door. The lower level includes a second full bathroom, large laundry room/recroom, and utility/storage space. The basement apartment features a separate driveway, fenced yard, and private patio area. Inside the apartment you will find the kitchen with ample cabinetry, nicely sized living room, two bedrooms, a full bathroom, and separate laundry. The apartment is on its own electrical meter and is currently rented for $1,550 per month, POU. Other recent improvements include electric heating conversion 2022, updated lighting, roof shingles 2020, exterior decks and fencing 2024, and multiple appliance upgrades in both units. Located minutes from Avalon Mall, Memorial University, and major amenities, with quick access to the Gushue Highway extension. As per the Seller’s Directive, offers will not be conveyed before 1:00 PM on Wednesday, February 4, 2026, and must remain open until 6:00 PM the same day. (id:56688)
Property Details
Listing ID: 29302527
Address: 42 Diana Road, St. John's, Newfoundland & Labrador, Canada A1B1H8
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1969
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: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Fencing: Fence
Living Area Total: 2,400 square feet
Price per sq ft: $171
Tax Annual Amount: $2,366
Tax Year: 2026
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.55766, -52.749502]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room Dining room Porch | 4PC null 8X12 null 9X12 null 11X14 null 9X15 null 13x18 null 11X12 null 4X6 null |
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Not known Bath (# pieces 1-6) Laundry room | 4PC null 8X10 null 5X8 null 13X14 null 12X14 null 12X13 null 3PC null 11X20 null |
Basic Calculator
First Mortgage: $327,200
Mortgage insurance premium: $0
Total Financing: $327,200
Rough closing fee (1.5%): ~ $6,135
Total downpayment with estimated closing fee: $87,935
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,640 | $31,680 |
| Gross rental income (income/principal ratio) | 0.645% | 7.746% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $512 | $6,144 |
| Vacancy | $132 | $1,584 |
| Management Fee | $212 | $2,535 |
| Expense / Income Ratio | 19.39% | 19.39% |
| Cash Flow | $1,785 | $21,420 |
| Net Operating Income (NOI) | $1,785 | $21,420 |
| Capitalization Rate | 0.44% | 5.24% |




































