For sale · MLS® 1303834
54 Cherrington Street
St. John's, NL, A1E4x7
List price
$389,000
About this propertyMLS® 1303834
Welcome to 54 Cherrington Street, ideally located in the sought-after Cowan Heights area of St. John’s. This spacious 4-bedroom, 3-bathroom home offers plenty of room for a growing family, featuring a formal living room, a comfortable family room with a propane fireplace that’s perfect for cozy winter nights, and a downstairs rec room that gives the kids their own space. The principal bedroom features its own ensuite with a stand-up shower, while the home also offers an 11’ x 20’ attached garage and plenty of storage throughout. Recent upgrades include a new roof in summer 2025, new water boiler, two mini-split heads installed in fall 2019, two upgraded bathrooms in 2023, new upstairs flooring in 2025, and fridge, stove, washer and dryer from 2020. Outside, the oversized lot features a fully fenced backyard with the fence completed in summer 2025, Govee exterior lighting installed in winter 2025, three storage sheds, and a large detached garage complete with a wood stove, offering excellent space for a workshop, hobbies, or additional storage. Ideally situated in the west end of St. John’s, you’ll be close to parks, shopping centres, schools, and all the amenities you could need. Call today to book your private viewing! (id:56688)
Property details
Coordinates: [47.535976, -52.769312]
Rooms
| Lower level | Storage | 20x22 null |
| Basement | Bedroom Recreation room | 12.11x10.8 null 17x11 null |
| Third level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4pc 10x10 null 13.3x9 null 4Pc null 15x14 null |
| Second level | Eat in kitchen Living room/Dining room | 11.2x9 null 22.3x17.9 null |
| Main level | Family room/Fireplace Bath (# pieces 1-6) Porch | 19.8x9 null 2pc 9x10 null |
Basic Calculator
First Mortgage: $311,200
Mortgage insurance premium: $0
Total Financing: $311,200
Rough closing fee (1.5%): ~ $5,835
Total downpayment with estimated closing fee: $83,635
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,753 | $21,036 |
| Gross rental income (income/principal ratio) | 0.451% | 5.408% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $487 | $5,844 |
| Vacancy | $88 | $1,052 |
| Management Fee | $141 | $1,683 |
| Expense / Income Ratio | 27.78% | 27.78% |
| Cash Flow | $1,039 | $12,468 |
| Net Operating Income (NOI) | $1,039 | $12,468 |
| Capitalization Rate | 0.27% | 3.21% |
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