For sale · MLS® 1298273
57 Queens Road
St. John's, NL, A1C2A7
List price
$399,900
About this propertyMLS® 1298273
Enjoy breathtaking views of the city skyline and Signal Hill from this beautifully maintained character townhome ideally situated in the heart of the city centre, offering exceptional convenience just minutes from the downtown core, scenic walking trails, and a short drive to Memorial University and the Health Sciences Centre. Step through the inviting front porch and foyer into a warm, open-concept main floor that seamlessly connects the spacious living and dining areas. The adjoining kitchen features a cozy eating nook and direct access to a private rear patio—perfect for morning coffee or evening relaxation. The original staircase leads to the second level, where you'll find three generously sized bedrooms and a full bathroom. The entire top floor is dedicated to a luxurious primary suite retreat, complete with two walk-in closets, a spa-inspired ensuite featuring a custom tile shower, a cozy fireplace, and a private deck offering panoramic views of Signal Hill. The lower level includes a comfortable rec room, laundry area, powder room, and ample storage space. Recent upgrades include renovated bathrooms on the second and third floors, updated vinyl siding (sides and rear), clapboard painted and refreshed flooring in select areas. Currently operated as a successful Air B&B, a rare opportunity to own a unique and elegant home in one of the city's most desirable and central locations with spectacular views!! (id:56688)
Property details
Coordinates: [47.566828, -52.708783]
Rooms
| Basement | Bath (# pieces 1-6) Laundry room Recreation room | 2pc 13'4""x10'3"" null 13'10""x12'3"" null |
| Third level | Ensuite Storage Storage Primary Bedroom | 3pc 8'5""x6'4"" null 8'3""x11'6"" null 19'5""x13'9"" null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 4pc 12'10""x12'4"" null 12'9""x13'4"" null 11'10""x10'8"" null |
| Main level | Kitchen Dining room Living room Foyer Porch | 14'1""x10'10"" null 12'0""x13'4"" null 13'4""x14'7"" null 21'0""x5'7"" null 5'4""x6'7"" null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,569 | $30,828 |
| Gross rental income (income/principal ratio) | 0.642% | 7.709% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $129 | $1,542 |
| Management Fee | $206 | $2,467 |
| Expense / Income Ratio | 19.46% | 19.46% |
| Cash Flow | $1,736 | $20,832 |
| Net Operating Income (NOI) | $1,736 | $20,832 |
| Capitalization Rate | 0.43% | 5.21% |
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