For sale · MLS® 1304110
20 Spring Meadow Court
St. John's, NL, A1E6K2
List price
$274,900
About this propertyMLS® 1304110
Bright & spacious, 50+ condominium bungalow ideally located in the heart of the city. Spring Meadows is well known for its welcoming atmosphere & great sense of community, making this an excellent opportunity to enjoy comfortable, low-maintenance living. This move-in ready end unit offers the added benefit of a slab-on-grade design, with everything conveniently situated on one level. The inviting interior features a large, bright open-concept living room with adjoining dining room, flowing seamlessly into the eat-in kitchen with tons of cabinetry, ample counter space & a lovely view. The kitchen provides direct access to the laundry room with tons of additional storage as well as the private patio, perfect for enjoying your morning coffee or relaxing outdoors. Two well-proportioned bedrooms include the spacious primary bedroom at the rear, complete with a convenient 2-piece ensuite. The upgraded main bathroom features a large walk-in shower. On-trend neutral palette throughout, this home also boasts brand new flooring in the living room, dining room & kitchen. The hot water boiler was replaced in May 2026. Enjoy worry-free living with snow clearing, lawn maintenance & exterior envelope maintenance all included in the low monthly condo fee with a dedicated parking space on your doorstep with plenty of guest parking as well. An excellent opportunity for those seeking a bright, comfortable & conveniently located home in a friendly 50+ community. No conveyance of offers until Thursday, October 15 @ 12:00pm (noon) and left open for acceptance until 5:00pm the same day. (id:56688)
Property details
Coordinates: [47.541853, -52.752096]
Rooms
| Main level | Bath (# pieces 1-6) Porch Living room Dining room Kitchen Laundry room Primary Bedroom Ensuite Storage Bedroom | 9.0 x 5.7 4pc 5.9 x 9.4 null 12.1 x 17.6 null 9.11 x 8.2 null 13.5 x 15.10 null 10.6 x 9.4 null 13.4 x 11.4 null 5.1 x 5.9 2pc 4.5 x 5.9 null 9.0 x 13.5 null |
Basic Calculator
First Mortgage: $219,920
Mortgage insurance premium: $0
Total Financing: $219,920
Rough closing fee (1.5%): ~ $4,124
Total downpayment with estimated closing fee: $59,104
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,243 | $14,916 |
| Gross rental income (income/principal ratio) | 0.452% | 5.426% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $344 | $4,128 |
| Vacancy | $63 | $746 |
| Management Fee | $100 | $1,194 |
| Expense / Income Ratio | 27.67% | 27.67% |
| Cash Flow | $738 | $8,856 |
| Net Operating Income (NOI) | $738 | $8,856 |
| Capitalization Rate | 0.27% | 3.22% |
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