For sale · MLS® 1302686
7 Flavin Street
St. John's, NL, A1C3R8
List price
$525,000
About this propertyMLS® 1302686
Downtown Victorian Charm, Thoughtfully Reimagined. Step into a executive, beautifully renovated Victorian classic where timeless character meets modern comfort. Original architectural details have been lovingly preserved, creating a home filled with warmth, charm, and distinctive personality. The foyer welcomes you with original stained glass, a chandelier, soaring living room ceiling, elegant bay window, and fireplace (not WETT-certified) create an inviting space to relax or entertain. The spacious dining room is perfectly suited for gatherings, while the thoughtfully renovated custom kitchen combines style and functionality for the home chef. Tucked away on the private fourth floor, the primary suite offers a serene, spa-inspired retreat with a luxurious ensuite bath and generous custom designed storage and closet space. Two additional bedrooms and a full bathroom occupy the third floor, providing flexibility for family, guests, or a home office. Enjoy your morning coffee or unwind at sunset on the low-maintenance backyard deck. Throughout, the home has been carefully restored and updated to maximize space, storage, and everyday livability. Vendor has repurposed two of the bedrooms on the third level as an den and office, they can be changed back to bedrooms. (id:56688)
Property details
Coordinates: [47.568645, -52.707009]
Rooms
| Basement | Foyer Mud room Storage Storage Laundry room Family room | 8.8x5.9 null 8.11x16.4 null 5.0x6.8 null 9.4x4.6 null 14.6x24.10 null 12.11x10.1 null |
| Fourth level | Ensuite Primary Bedroom | 9.5x8.5 null 19.9x25.5 null |
| Third level | Bath (# pieces 1-6) Bedroom Bedroom | 6.11x7.4 null 13.11x12.9 null 13.11x14.5 null |
| Main level | Foyer Eating area Dining room Kitchen Family room/Fireplace | 5.9x3.8 null 9.5x5.2 null 13.4x12.11 null 9.5x16.7 null 13.4x14.5 null |
Basic Calculator
First Mortgage: $420,000
Mortgage insurance premium: $0
Total Financing: $420,000
Rough closing fee (1.5%): ~ $7,875
Total downpayment with estimated closing fee: $112,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,659 | $31,908 |
| Gross rental income (income/principal ratio) | 0.506% | 6.078% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $657 | $7,884 |
| Vacancy | $133 | $1,596 |
| Management Fee | $213 | $2,553 |
| Expense / Income Ratio | 24.71% | 24.71% |
| Cash Flow | $1,657 | $19,884 |
| Net Operating Income (NOI) | $1,657 | $19,884 |
| Capitalization Rate | 0.32% | 3.79% |
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