71 Springdale Street
St. John's, NL, A1C5B3
5 Beds | 2 Baths
$309,900
About the property (MLS: 1294130):
Step into this quaint 2-apartment downtown property, showcasing the natural beauty that downtown St. John's has to offer. The main unit is a spacious 2 storey with tons of natural light. The main unit of this home features 3 bedrooms, with one on the main and two upstairs, a living spacious room space, an eat-in kitchen. Off the kitchen is a patio door leading to the fenced backyard. Upstairs you will find a two bedroom apartment with a bathroom, full kitchen with washer and dryer, and ample space for a family room. One of the highlights of this property is the large storage room I the basement and one off street parking stall which is sheltered. Whether you're looking for a rental property or a place to call home with a mortgage helping apartment, you won't want to miss this opportunity! Book your showing today! There will be no conveyance of offers prior to 2PM on February 5th, 2026. The seller further directs that offers are to remain OPEN until 7PM the same day. (id:56688)
Property Details
Listing ID: 29306392
Address: 71 Springdale Street, St. John's, Newfoundland & Labrador, Canada A1C5B3
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 2026
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,200 square feet
Price per sq ft: $141
Tax Annual Amount: $1,760
Tax Year: 2026
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Block, Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.557596, -52.716589]
Rooms
| Third level | Bedroom Bedroom Living room Kitchen | 11x7 null 10.5x9.6 null 11x10.5 null 13.8x8.6 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 4pc 12x12 null 14x13 null |
| Main level | Bath (# pieces 1-6) Bedroom Kitchen Living room | 4pc 14.5x8 null 11.5x11.5 null 14x13 null |
Basic Calculator
First Mortgage: $247,920
Mortgage insurance premium: $0
Total Financing: $247,920
Rough closing fee (1.5%): ~ $4,649
Total downpayment with estimated closing fee: $66,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,420 | $29,040 |
| Gross rental income (income/principal ratio) | 0.781% | 9.371% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $388 | $4,656 |
| Vacancy | $121 | $1,452 |
| Management Fee | $194 | $2,324 |
| Expense / Income Ratio | 16.03% | 16.03% |
| Cash Flow | $1,718 | $20,616 |
| Net Operating Income (NOI) | $1,718 | $20,616 |
| Capitalization Rate | 0.55% | 6.65% |
