Telephone Email146 Casey Street, St. John's, Newfoundland & Labrador, Canada A1C4Y1

For sale · MLS® 1298487

146 Casey Street

St. John's, NL, A1C4Y1

0 bd1 ba7,090 sqftBuilt 1900

List price

$324,900

146 Casey Street St. John's Newfoundland & Labrador Canada A1C4Y1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1298487

7,000 Sq. Ft. Former Church with Endless Development Potential. Originally constructed as a church, this 7,000 sq. ft. building offers incredible character and a solid foundation for a wide range of redevelopment opportunities. Whether you envision modern condos, loft-style apartments, professional office spaces, a performance venue, or a mixed-use concept, this property provides the space and versatility to bring your vision to life. With off-street parking and ample storage space, the building combines practicality with architectural charm. Its generous footprint, open layout, and 34 foot ceilings make it ideal for adaptive reuse, offering developers, investors, and entrepreneurs the flexibility to create something truly unique. This is a rare opportunity to transform a distinctive property into an extraordinary residential, commercial, or mixed-use destination. (id:56688)

Property details

MLS®1298487

Listing ID29852142

Address146 Casey Street, St. John's, Newfoundland & Labrador, Canada A1C4Y1

StatusActive

Last updated3 months ago ( Jul 31, 2026 )

Year Built1900

Property TypeMulti-family

Structure TypeOther

Ownership TypeFreehold

Beds0

Baths1

1/2 Baths1

HeatingElectric

SewerMunicipal sewage system

FlooringMixed Flooring

Living Area Total7,090 square feet

Price per sq ft: $46

Tax Annual Amount$3,102

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

Water SourceMunicipal water

RoofTorch on Roof, Unknown

Foundation DetailsConcrete

HeatingElectric

FlooringMixed Flooring

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available19

Rurl
Coordinates: [47.55898, -52.71856]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $259,920

Mortgage insurance premium: $0

Total Financing: $259,920

Rough closing fee (1.5%): ~ $4,874

Total downpayment with estimated closing fee: $69,854

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Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$7,800	$93,600
Gross rental income (income/principal ratio)	2.401%	28.809%
Mortgage	$0	$0
Monthly Expenses	$407	$4,884
Vacancy	$390	$4,680
Management Fee	$624	$7,488
Expense / Income Ratio	5.22%	5.22%
Cash Flow	$6,379	$76,548
Net Operating Income (NOI)	$6,379	$76,548
Capitalization Rate	1.96%	23.56%

Capitalization Rate: 23.56%

After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $464,143

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