Telephone Email9 Gower Street, St. John's, Newfoundland & Labrador, Canada A1C1M9

For sale · MLS® 1301191

9 Gower Street

St. John's, NL, A1C1M9

4 bd4 ba2,800 sqft

List price

$329,900

9 Gower Street St. John's Newfoundland & Labrador Canada A1C1M9, 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® 1301191

GREAT PROJECT WITH INCREDIBLE POTENTIAL! NESTLED IN THE HEART OF DOWNTOWN,THIS SEMI DETACHED 2 APARTMENT HOME IS NOW AVAILABLE FOR THE SMART BUILDER/RENOVATOR TO BRING TO COMPLETION. THE MAIN FLOOR IS AN INCOME GENERATING TWO BEDROOM APARTMENT WITH MAIN AND LOWER LEVEL LIVING SPACE. THE MAIN UNIT CONSISTS OF A SECOND FLOOR LIVING ROOM,KITCHEN AND DEN WITH 3 BEDROOMS ON THE UPPER LEVEL.A BRAND NEW ROOF HAS BEEN COMPLETED IN ADDITION TO A NEW INSULATED PARTY WALL , SOME INTERIOR STUDDING, AND ALL NEW WATER AND SEWER SERVICES ALREADY IN PLACE. NEW WINDOWS INCLUDED MADE TO FIT. PLANS IN DOCUMENTS!! (id:56688)

Property details

MLS®1301191

Listing ID30097225

Address9 Gower Street, St. John's, Newfoundland & Labrador, Canada A1C1M9

StatusActive

Last updated3 months ago ( Aug 12, 2026 )

Property TypeSingle Family

Structure TypeTwo Apartment House

Ownership TypeFreehold

Beds4

Baths4

1/2 Baths1

HeatingNo heat

SewerMunicipal sewage system

Living Area Total2,800 square feet

Price per sq ft: $118

Tax Annual Amount$0

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

Water SourceMunicipal water

RoofTorch on Roof, Unknown

Foundation DetailsConcrete

HeatingNo heat

Exterior FeaturesOther

Common InterestFreehold

Number of photos available1

Rurl
Coordinates: [47.570776, -52.70222]

Rooms

Lower level	Not known Not known	13x16 null 12x10 null
Main level	Not known Not known Not known	12x12 null 12x16 null 16x6 null
Third level	Bedroom Primary Bedroom	14x10 null 12x13 null
Second level	Office Kitchen Living room	x6 null 12x16 null 12x16 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $263,920

Mortgage insurance premium: $0

Total Financing: $263,920

Rough closing fee (1.5%): ~ $4,949

Total downpayment with estimated closing fee: $70,929

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	$3,081	$36,972
Gross rental income (income/principal ratio)	0.934%	11.207%
Mortgage	$0	$0
Monthly Expenses	$413	$4,956
Vacancy	$155	$1,849
Management Fee	$247	$2,958
Expense / Income Ratio	13.40%	13.40%
Cash Flow	$2,268	$27,216
Net Operating Income (NOI)	$2,268	$27,216
Capitalization Rate	0.69%	8.25%

Capitalization Rate: 8.25%

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).): $471,286

Neighbourhood scores

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