Telephone Email56 Brazil Street, St. John's, Newfoundland & Labrador, Canada A1C4V3

For sale · MLS® 1300934

56 Brazil Street

St. John's, NL, A1C4V3

2 bd2 ba988 sqftBuilt 2027

List price

$90,000

56 Brazil Street St. John's Newfoundland & Labrador Canada A1C4V3, 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® 1300934

Excellent opportunity to build your new home in an existing downtown neighborhood in St.John's. Approval in place with blue prints for you to realize your dreams of home ownership. The location is noteworthy as views would be available from your new build. Located in the heart of St.John's with all the wonderful sights and sounds that come with "" downtown living"" (id:56688)

Property details

MLS®1300934

Listing ID30081072

Address56 Brazil Street, St. John's, Newfoundland & Labrador, Canada A1C4V3

StatusActive

Last updated3 months ago ( Jul 31, 2026 )

Year Built2027

Property TypeMulti-family

Architectural Style2 Level

Structure TypeOther

Ownership TypeFreehold

ViewView

Beds2

Baths2

1/2 Baths1

HeatingOther

SewerMunicipal sewage system

Living Area Total988 square feet

Price per sq ft: $92

Tax Annual Amount$0

GarageYes

Attached GarageYes

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsConcrete

HeatingOther

Exterior FeaturesOther

Common InterestFreehold

Number of photos available1

Rurl
Coordinates: [47.559242, -52.716311]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $72,000

Mortgage insurance premium: $0

Total Financing: $72,000

Rough closing fee (1.5%): ~ $1,350

Total downpayment with estimated closing fee: $19,350

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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	$1,087	$13,044
Gross rental income (income/principal ratio)	1.208%	14.493%
Mortgage	$0	$0
Monthly Expenses	$113	$1,356
Vacancy	$55	$653
Management Fee	$87	$1,044
Expense / Income Ratio	10.40%	10.40%
Cash Flow	$833	$9,996
Net Operating Income (NOI)	$833	$9,996
Capitalization Rate	0.93%	11.11%

Capitalization Rate: 11.11%

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).): $128,572

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