About this propertyMLS® 1304158
Discover the perfect combination of comfort, space, and income potential in this beautiful REGISTERED 2 apartment home located in the scenic community of Torbay. Offering natural surroundings and just a short drive to St. John’s. This property is ideal for families who may want to share a home together with another Family member, but with separate spaces, allowing individual privacy. Or for those looking to help generate rental income for affordable living assistance! This spacious two-apartment home has a bright and inviting main unit with open-concept living, dining and kitchen area with large windows for plenty of natural light, with island & ample cabinetry and functional layout. Offering patio door to large deck for outdoor enjoyment & big back garden with lots trees & open flat playing area. The large primary bedroom, has bright walk-in closet & adjoins main 4 pc bath. There are 2 additional bright bedrooms, one larger than average size. Hardwood floors & staircase and ceramics thru out the main floor. For the main unit there is a spacious REC room and a full bath, plus a HUGE storage space. Attached garage for convenient parking and a MEZZANINE for additional space for storage or other uses of your choice! Circular newly paved driveway with multiple car parking! BONUS of a fully developed lower-level apartment with separate entrance, perfect for rental income or extended family! The Apartment offers open concept living/dining area and 2 bedrooms plus bath & laundry! Separate parking area for tenant. Nestled in a quiet area of Torbay, close to schools, walking trails, and essential amenities. A very short commute to St. John’s while enjoying the peaceful charm of coastal & country style living! Book today for your private showing. (id:56688)
Specifications
Property details
Room by room
Rooms
| Other | Workshop Storage | 23”8 X 160 |
| Basement | Other Not known Bedroom Bedroom Not known Not known Bath (# pieces 1-6) Recreation room | 7”1 X 3 9’2 X 8”6 12’10 X 10”6 13’7 X 11’6 19’ X 11”6 7’8 x 5’6 18”4 X 11’2 |
| Main level | Bath (# pieces 1-6) Laundry room Foyer Bath (# pieces 1-6) Bedroom Bedroom Bath (# pieces 1-6) Primary Bedroom Living room Dining nook Kitchen | 9’3 X 5’4 11”1 X 6”7 6’6 X 5 2pc 11”1 X 6”7 12’9 X 8’10 14’7 X 12”2 7’8 X 5’8 17’2X10’4 22’2 X 11’6 18’4 X 13 |
The essentials
Location, air, flood & taxes
Elevation
82 m above sea level
Air quality now
AQHI 1.66 · Low risk
St. John's station · updated 8:00 p.m.
Property tax
$3,298 / year
≈ $275 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 20 min to downtown St. John's15.3 km
- 16 min to Memorial University11.8 km
- 17 min to Avalon Mall13.3 km
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Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$275/mo
Principal & interest $0 + property tax $275 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-724
NOI / month
$-724
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $275 | $3,298 |
| Expenses | $450 | $5,400 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-724 | $-8,688 |
| NOI | $-724 | $-8,688 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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