About this propertyMLS® 1304316
Located in a sought-after, mature neighbourhood, this charming and beautifully maintained 5-bedroom bungalow offers an incredible location within walking distance of nearby trail systems, Churchill Square, Memorial University, medical clinics, restaurants, shopping and more! Situated along the Metrobus route, it also offers convenient access to public transit for easy commuting throughout the city. The main floor features a bright, open living and dining area with oversized windows that fill the space with natural light. The upgraded kitchen provides direct access to the rear patio and gorgeous backyard gardens. A true gardener’s delight, the property backs onto a park, offering a peaceful setting and the perfect spot for walking the dog. Also on the main floor are three spacious bedrooms and a full bathroom. The home has been freshly painted and features beautifully refinished hardwood flooring throughout, along with new flooring in the wet areas. Downstairs, you'll find a spacious rec room, two additional bedrooms (windows do not meet egress requirements), plus a generous storage and furnace room and an additional full bath equipped with toilet, sink and corner shower. Recent upgrades include shingles in 2023, along with new flooring and fresh paint in 2026. A well-cared-for home in an established neighbourhood with everything you need just minutes away! (id:56688)
Property details
Coordinates: [47.584088, -52.712044]
Rooms
| Basement | Recreation room Laundry room | 22.11x16 null 12.1x20.4 null |
| Main level | Bedroom Primary Bedroom Dining room Bath (# pieces 1-6) Bedroom Kitchen Living room | 10.4x9.9 null 15.6x9.8 null 9x9.6 null 9x5 null 9.1x9.8 null 11.6x8.1 null 12x13 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,288 | $27,456 |
| Gross rental income (income/principal ratio) | 0.572% | 6.866% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $115 | $1,373 |
| Management Fee | $184 | $2,197 |
| Expense / Income Ratio | 21.85% | 21.85% |
| Cash Flow | $1,491 | $17,892 |
| Net Operating Income (NOI) | $1,491 | $17,892 |
| Capitalization Rate | 0.37% | 4.47% |
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