For sale · MLS® 1304371
54 Gairlock Street
St. John's, NL, A1A6A7
List price
$429,900
About this propertyMLS® 1304371
Introducing 54 Gairlock Street, a spacious split-entry bungalow nestled in the heart of the sought-after Airport Heights Subdivision! Designed with families in mind, Airport Heights offers quiet, residential streets, multiple playgrounds, soccer and softball fields, walking trails, and a vibrant community atmosphere. This prime location also boasts excellent school zoning, allowing many local children to walk to Roncalli Elementary (K-6). Commuting is a breeze with quick connections to the Outer Ring Road (TCH), downtown St. John's, the Stavanger Drive commercial district, St. John's International Airport (YYT), the Health Sciences Centre, Memorial University (MUN), and surrounding business parks. The functional split-entry layout maximizes living space and provides an inviting atmosphere from the moment you walk through the front door. Relax in the spacious living room featuring a cozy propane fireplace and abundant natural light from large, bay-style windows. Prepare meals with ease in the well-designed, eat-in kitchen which includes a convenient pantry closet and access to the rear patio for seamless indoor-outdoor entertaining. Comfortable accommodations for the whole family, with three bright and airy bedrooms on the main floor. The primary bedroom comes complete with a full ensuite bathroom and a substantial walk-in closet. The fully finished basement significantly expands your living space with an extra-large family room. There is ample room to create a dedicated home office or a potential fourth bedroom adjacent to another full 3-piece bathroom. Please allow 24 hours notice for viewings. (id:56688)
Property details
Coordinates: [47.600617, -52.747593]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Family room | 7.3 x 6.8 null 12.1 x 38.9 null |
| Main level | Foyer Other Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room/Fireplace Not known Kitchen | 7.1 x 7.9 null 5.9 x 5.1 null 5.5 x 8.5 null 5.5 x 8.3 null 11.9 x 10.11 null 9.1 x 12.2 null 9.10 x 9.10 null 12.1 x 20.8 null 16.2 x 15.4 null |
Basic Calculator
First Mortgage: $343,920
Mortgage insurance premium: $0
Total Financing: $343,920
Rough closing fee (1.5%): ~ $6,449
Total downpayment with estimated closing fee: $92,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,138 | $25,656 |
| Gross rental income (income/principal ratio) | 0.497% | 5.968% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $538 | $6,456 |
| Vacancy | $107 | $1,283 |
| Management Fee | $172 | $2,053 |
| Expense / Income Ratio | 25.16% | 25.16% |
| Cash Flow | $1,323 | $15,876 |
| Net Operating Income (NOI) | $1,323 | $15,876 |
| Capitalization Rate | 0.31% | 3.69% |
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