For sale · MLS® 1303942
11 Steer Street
St. John's, NL, A1E3W7
List price
$249,900
About this propertyMLS® 1303942
Easy living awaits in this sparkling, updated and fully developed 3-bedroom, 1.5-bath end-unit home, conveniently located close to all amenities and just a short walk to Bowring Park. Inside, hardwood flooring flows throughout the entire main and second floors, while fresh paint, new fixtures and stainless-steel appliances give the home a bright, refreshed feel. Recent updates include vinyl siding, vinyl windows and exterior doors, along with a brand-new Daikin high-efficiency mini-split heat pump with A/C for year-round comfort and efficiency. Enjoy outdoor living on the spacious 12’ x 20’ patio, fully enclosed by a 6’ privacy fence—an ideal spot for summer barbecues, morning coffee, or relaxing in your own private space. An 8’ x 10’ shed offers extra storage, while designated off-street parking along the side adds everyday convenience. A monthly condo fee of just $127 covers maintenance and snow clearing of the parking lot, making for easier, worry-free living. This meticulously maintained home comes complete with a fresh survey. With so many updates already completed, there’s nothing left to do but move in and enjoy! There will be no conveyance of offers prior to 12pm, Wednesday, October 7th. Offers to be left open until 5pm, Wednesday, October 7, 2026. (id:56688)
Property details
Coordinates: [47.525181, -52.76431]
Rooms
| Basement | Laundry room Recreation room | 5.8 x 8.1 null 15.7 x 31.9 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 5.8 x 10.6 null 6.4 x 13 null 9 x 13 null 13.2 x 12.4 null |
| Main level | Living room Dining room Kitchen | 15.8 x 13 null 11.3 x 12.1 null 9.1 x 9.11 null |
Basic Calculator
First Mortgage: $199,920
Mortgage insurance premium: $0
Total Financing: $199,920
Rough closing fee (1.5%): ~ $3,749
Total downpayment with estimated closing fee: $53,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,796 | $21,552 |
| Gross rental income (income/principal ratio) | 0.719% | 8.624% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $313 | $3,756 |
| Vacancy | $90 | $1,078 |
| Management Fee | $144 | $1,725 |
| Expense / Income Ratio | 17.43% | 17.43% |
| Cash Flow | $1,250 | $15,000 |
| Net Operating Income (NOI) | $1,250 | $15,000 |
| Capitalization Rate | 0.50% | 6.00% |
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