For sale · MLS® 1304426
4 Sycamore Place
St. John's, NL, A1B2S3
List price
$849,900
About this propertyMLS® 1304426
A RARE OPPORTUNITY IN THE HEART OF CHURCHILL SQUARE! Set on an exceptional double oversized lot, on a quiet cul-de-sac, this sprawling ranch-style bungalow offers 3 bedrooms & 1.5 bathrooms and easy single-level living. The welcoming sky-lit entry leads to a bright living room featuring a cozy wood burning fireplace. Large windows in both the living and dining rooms frame views of the tree-filled backyard and fill the main living space with natural light. The eat-in kitchen features oak cabinetry with a center island cooktop and is open concept to the den area, making it easy to cook, relax, and gather. Off the kitchen hallway, a patio door leads to the deck, perfect for summer dining and entertaining. At the far end of the home sits the 2 main-level bedrooms and a full 4-piece bathroom with the large primary bedroom complete with his and hers closets. The fully developed basement adds valuable living space, including 2 separate rec rooms, large dedicated storage areas, a wet prep area for catering family functions, the 3rd bedroom and a convenient 2-piece bathroom. This is ideal for guests, older children, or a private retreat. Shingles are approximately 10 years new, offering added peace of mind. Outside, the expansive, tree-filled lot offers endless possibilities: gardens, play space, a workshop, or a future building site. Live in the home & enjoy the extra space, renovate to make it your own or redesign and build 2 stunning properties to capture the value and magnitude of the lot. Construction would require city approval of plot plans and building plans. Buyers are encouraged to verify requirements with the City of St. John’s. This is a standout opportunity for homeowners, builders & investors alike. Homes with this much space & potential in Churchill Square are rarely available!! No conveyance offers until Wednesday, October 21 @ 1:00pm & to be left open for acceptance until 6:00pm the same day. (id:56688)
Property details
Coordinates: [47.575929, -52.71673]
Rooms
| Basement | Storage Storage Storage Storage Bedroom Bath (# pieces 1-6) Family room Recreation room | 11.10 x 5.3 null 7.4 x 8.11 null 23.8 x 6.10 null 11.4 x 11.6 null 9.4 x 13.9 null 6.0 x 4.9 2pc 23.1 x 24.0 null 23.8 x 24.0 null |
| Main level | Office Bath (# pieces 1-6) Bedroom Primary Bedroom Storage Laundry room Family room Eating area Kitchen Dining room Family room/Fireplace Foyer | 10.5 x 12.4 null 7.2 x 12.4 5pc 12.4 x 14.6 null 14.10 x 13.4 null 12.5 x 4.0 null 12.5 x 9.11 null 18.11 x 15.11 null 8.2 x 10.10 null 12.4 x 15.11 null 13.8 x 13.4 null 27.4 x 13.4 null 16.1 x 12.4 null |
Basic Calculator
First Mortgage: $679,920
Mortgage insurance premium: $0
Total Financing: $679,920
Rough closing fee (1.5%): ~ $12,749
Total downpayment with estimated closing fee: $182,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $5,060 | $60,720 |
| Gross rental income (income/principal ratio) | 0.595% | 7.144% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,063 | $12,756 |
| Vacancy | $253 | $3,036 |
| Management Fee | $405 | $4,858 |
| Expense / Income Ratio | 21.01% | 21.01% |
| Cash Flow | $3,340 | $40,080 |
| Net Operating Income (NOI) | $3,340 | $40,080 |
| Capitalization Rate | 0.39% | 4.72% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.