About this propertyMLS® 1303467
Built circa 1904 by Sir John Crosbie, following the Great Fire of 1892, this remarkable property is part of St. John’s history. Lovingly cared for, the detached, registered two-apartment home retains original features throughout while offering the comfort of thoughtful updates. The main residence has three to four bedrooms (one currently used as a dressing room), two bathrooms (one is designed as a European bath), and an office with built-in bookcases. On the third floor, you’ll find a living room, dining room, updated kitchen with glass doors and an exposed brick chimney, and a bathroom. Step onto one of the home’s three patios and take in the breathtaking harbour views. The self-contained one-bedroom apartment has its own entrance and a private patio overlooking the harbour. The apartment is equally impressive and full of character, with practical updates. This apartment is a great income provider, or you can use the space as a business office, Airbnb, or a granny flat. The posiblies are endless! With just over 3,500 square feet of living space, four working fireplaces, a mini-split heat pump in the apartment, and 2 air conditioning systems, hot-water radiant heat, and a separate driveway, this home offers something truly special. The features and upgrades are too many to list here; a full list is available. Beautifully maintained and move-in ready, 12 Victoria Street has the ""WOW"" factor! (id:56688)
Property details
Coordinates: [47.56652, -52.706543]
Rooms
| Basement | Storage Utility room Utility room Storage | 8.2 x 13.7 null 14.1 x 4.2 null 5.7 x 7.1 null 25.3 x 10.3 null |
| Third level | Bedroom Bath (# pieces 1-6) Kitchen Dining room Living room/Fireplace | 9.6 x 11.3 null 3.2 x 7.6.5 null 11.0 x 9.7 null 13.1 x 13.9 null 15.9 x 12.3 null |
| Second level | Office Bath (# pieces 1-6) Laundry room Bedroom Primary Bedroom | 9.6 x 11.1 null 8.7 x 10.4 null 3.9 x 6.5 null 12.2 x 13.8 null 16.2 x 12.3 null |
| Main level | Foyer Bath (# pieces 1-6) Not known Not known Not known Porch | 9.7 x 5.5 null 5.5 x 6.7 null 13.4 x 10.5 null 12.3 x 13.7 null 14.1x 15 null 4.2 x 5.3 null |
Basic Calculator
First Mortgage: $639,920
Mortgage insurance premium: $0
Total Financing: $639,920
Rough closing fee (1.5%): ~ $11,999
Total downpayment with estimated closing fee: $171,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,875 | $46,500 |
| Gross rental income (income/principal ratio) | 0.484% | 5.813% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,000 | $12,000 |
| Vacancy | $194 | $2,325 |
| Management Fee | $310 | $3,720 |
| Expense / Income Ratio | 25.81% | 25.81% |
| Cash Flow | $2,372 | $28,464 |
| Net Operating Income (NOI) | $2,372 | $28,464 |
| Capitalization Rate | 0.30% | 3.56% |
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