For sale · MLS® 1304297
7 Osbourne Street
St. John's, NL, A1B1X6
List price
$699,900
About this propertyMLS® 1304297
A UNIQUE OPPORTUNITY IN CHURCHILL SQUARE! Situated on a highly desirable, quiet side street, this executive grade-level bungalow offers 4 bedrooms (2+2) & 3 full baths combining thoughtful functionality with exceptional entertaining space. Redesigned in 2010, this bright & spacious home has been meticulously maintained, with pride of ownership evident throughout. The covered entry leads to a welcoming porch & foyer. The open-concept living room features a propane fireplace & flows seamlessly into the adjoining dining room, which overlooks the rear garden & provides direct access to the patio. The spacious gourmet kitchen boasts abundant cabinetry, solid surface countertops, a custom backsplash, sit up peninsula & stainless steel appliances. Down the hallway, you'll find a convenient office area, full 4pc bathroom, & 2 well-proportioned bedrooms, including the primary suite with fireplace (not in use), a walk-in closet & ensuite. Stairs lead to a convenient side entrance with access to a gated area, ideal for a dog run. The fully developed lower level features an oversized rec room with propane fireplace, 2 additional bedrooms, full bathroom, spacious laundry room with laundry sink, & a large storage room. The lower level configuration is ideal for visiting guests or older children. Recent improvements include energy-efficient mini-split for heating & cooling, rear patio & freshly painted in on-trend neutral tones throughout. Outside, the landscaped, tree-lined level lot enjoys excellent sun exposure, mature garden beds, established shrubbery & garden shed. For added peace of mind, a recent home inspection completed by HouseMasters is available upon request. Homes of this calibre are rarely available in such a sought-after neighbourhood!! No conveyance offers until Wednesday, October 21 @ 11:00am & to be left open for acceptance until 4:00pm the same day. (id:56688)
Property details
Coordinates: [47.581986, -52.719492]
Rooms
| Basement | Storage Utility room Laundry room Bath (# pieces 1-6) Bedroom Bedroom Recreation room | 4.6 x 5.0 null 23.2 x 17.3 null 6.9 x 6.4 null 8.6 x 5.1 3pc 11.2 x 12.6 null 14.6 x 12.7 null 20.2 x 28.4 null |
| Main level | Bedroom Storage Ensuite Primary Bedroom Office Bath (# pieces 1-6) Kitchen Dining room Living room/Fireplace Porch | 12.6 x 14.1 null 5.11 x 7.7 null 7.3 x 7.7 3pc 14.9 x 15.2 null 10.0 x 10.2 null 9.11 x 5.10 4pc 16.8 x 12.1 null 13.9 x 10.2 null 15.2 x 13.10 null 4.11 x 8.6 null |
Basic Calculator
First Mortgage: $559,920
Mortgage insurance premium: $0
Total Financing: $559,920
Rough closing fee (1.5%): ~ $10,499
Total downpayment with estimated closing fee: $150,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,125 | $37,500 |
| Gross rental income (income/principal ratio) | 0.446% | 5.358% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $875 | $10,500 |
| Vacancy | $157 | $1,875 |
| Management Fee | $250 | $3,000 |
| Expense / Income Ratio | 28.00% | 28.00% |
| Cash Flow | $1,844 | $22,128 |
| Net Operating Income (NOI) | $1,844 | $22,128 |
| Capitalization Rate | 0.26% | 3.16% |
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