For sale · MLS® 1304313
62 Fairview Avenue
St Lawrence, NL, A0E2V0
List price
$119,000
About this propertyMLS® 1304313
Located in the community of St. Lawrence, this 3-bedroom, 1-bathroom home offers approximately 1,007 sq. ft. of main-floor living space along with a full undeveloped basement, providing plenty of opportunity for future development. Built in 1975, the home features a bright, open-concept living and dining area that creates a comfortable and functional space for everyday living. The main floor includes three bedrooms, a full bathroom and a practical kitchen, while the basement offers a blank canvas for additional living space, storage, a rec room or workshop. The home is equipped with a 200-amp fuse panel. Some updating is required, making this a great opportunity for a buyer looking to add their own style and improvements over time. With a functional layout, good-sized living space and the added potential of the undeveloped basement, this property could make a great starter home, investment property or renovation project in St. Lawrence. A home with good bones, usable space and plenty of potential to make it your own. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Porch Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Living room Dining room Kitchen | 5.7x6 6.9x6.2 10x10.11 10.11x7.9 10.11x9.7 15x14.8 9x11.7 6.5x11.2 |
The essentials
Location, air, flood & taxes
Elevation
23 m above sea level
Air quality now
AQHI 1.43 · Low risk
Burin station · updated 2:00 a.m.
Property tax
$350 / year
≈ $29 / month
Nearby & drive routes
3 places shown · OpenStreetMap · OSRM
Schools 1
Groceries 2
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
$30/mo
Principal & interest $0 + property tax $30 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-148
NOI / month
$-148
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $30 | $350 |
| Expenses | $119 | $1,428 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-148 | $-1,776 |
| NOI | $-148 | $-1,776 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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