Telephone Email130 Lemarchant Road Unit#305, St. John's, Newfoundland & Labrador, Canada A1C2H2

For sale · MLS® 1298683

130 Lemarchant Road Unit#305

St. John's, NL, A1C2H2

2 bd2 ba1,080 sqftBuilt 1960

List price

$269,900

130 Lemarchant Road Unit#305 St. John's Newfoundland & Labrador Canada A1C2H2, 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® 1298683

Welcome to The Collegian, a beautifully maintained 2 bedroom 1,080 sq. ft. residence ideally located in the heart of the city. This well-kept property features a bright open-concept layout designed for comfortable living and effortless entertaining. The spacious primary suite offers a private ensuite and a walk-in closet, creating a relaxing retreat. Hardwood floors add warmth and elegance throughout the main living areas, while a dedicated in unit laundry room provides added convenience. Pride of ownership is evident throughout this move-in-ready condo. Enjoy the benefits of central city living, with shopping, restaurants, services, and other amenities just moments away. Unit comes with one dedicated parking spot. (id:56688)

Property details

MLS®1298683

Listing ID29905408

Address130 Lemarchant Road Unit#305, St. John's, Newfoundland & Labrador, Canada A1C2H2

StatusActive

Last updated17 days ago ( Oct 13, 2026 )

Year Built1960

Property TypeSingle Family

Ownership TypeCondominium

Beds2

Baths2

1/2 Baths0

HeatingBaseboard heaters, Electric

SewerMunicipal sewage system

FlooringHardwood, Marble, Ceramic

Living Area Total1,080 square feet

Price per sq ft: $250

Tax Annual Amount$2,408

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer

Water SourceMunicipal water

RoofOther, Unknown

Foundation DetailsConcrete

HeatingBaseboard heaters, Electric

FlooringHardwood, Marble, Ceramic

Exterior FeaturesBrick

Common InterestCondo/Strata

Association Fee441.91

Number of photos available14

Rurl
Coordinates: [47.559125, -52.719735]

Rooms

Main level

Laundry room

Ensuite

Bath (# pieces 1-6)

Bedroom

Primary Bedroom

Living room/Dining room

Kitchen

5'x5' null

E4 null

B4 null

11'x9' null

14'x12' null

26'x18' null

13'x11' null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $215,920

Mortgage insurance premium: $0

Total Financing: $215,920

Rough closing fee (1.5%): ~ $4,049

Total downpayment with estimated closing fee: $58,029

0000

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	$1,188	$14,256
Gross rental income (income/principal ratio)	0.440%	5.282%
Mortgage	$0	$0
Monthly Expenses	$338	$4,056
Vacancy	$60	$713
Management Fee	$96	$1,141
Expense / Income Ratio	28.45%	28.45%
Cash Flow	$696	$8,352
Net Operating Income (NOI)	$696	$8,352
Capitalization Rate	0.26%	3.09%

Capitalization Rate: 3.09%

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).): $385,572

Neighbourhood scores

Explore St. John's on Walk Score

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