About this propertyMLS® 1303916
Welcome to 66 Colonial Street, a beautifully updated 4-bedroom, 2-bathroom home in the heart of downtown St. John's. Just steps from Bannerman Park and minutes from Signal Hill, the downtown core, and some of the city's best shopping and restaurants, this home combines classic downtown charm with modern comfort. The main level features refinished wood plank floors in the living and dining rooms, along with a mini-split heat pump for efficient heating and cooling. The kitchen is equipped with brand-new appliances and tile flooring with in-floor heating. Upstairs, two of the bedrooms have been finished with brand-new laminate flooring. Outside, enjoy a brand-new back deck overlooking a fully fenced yard. That's a rare find this close to downtown, and ideal for summer evenings or a private outdoor retreat. Move-in ready with major updates already done, 66 Colonial offers the best of downtown living. Book your private showing today! (id:56688)
Property details
Coordinates: [47.570419, -52.705837]
Rooms
| Third level | Ensuite Bedroom | 3 Piece null 12'10 x 21'1 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 3 Piece null 9'7 x 12'5 null 10'3 x 8'4 null 8'11 x 17'2 null |
| Main level | Kitchen Dining room Living room | 9'0 x 17'2 null 10'6 x 8'8 null 10'5 x 12'5 null |
Basic Calculator
First Mortgage: $339,920
Mortgage insurance premium: $0
Total Financing: $339,920
Rough closing fee (1.5%): ~ $6,374
Total downpayment with estimated closing fee: $91,354
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,546 | $18,552 |
| Gross rental income (income/principal ratio) | 0.364% | 4.366% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $532 | $6,384 |
| Vacancy | $78 | $928 |
| Management Fee | $124 | $1,485 |
| Expense / Income Ratio | 34.41% | 34.41% |
| Cash Flow | $814 | $9,768 |
| Net Operating Income (NOI) | $814 | $9,768 |
| Capitalization Rate | 0.19% | 2.30% |
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