Telephone Email74 Springdale Street, St. John's, Newfoundland & Labrador, Canada A1C5B4

For sale · MLS® 1304450

74 Springdale Street

St. John's, NL, A1C5B4

2,600 sqft

List price

$159,900

74 Springdale Street St. John's Newfoundland & Labrador Canada A1C5B4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1304450

Prime investment opportunity located close to downtown! This vacant, multi-unit mixed-use property offers incredible potential for contractors, builders, or seasoned investors. The building features 4 residential apartments,approx 1,100 sq. ft. of commercial office/retail space, and approx 1,500 sq. ft. of warehouse space complete with a loading door. The property requires full renovation/work and electricity is currently off. Daytime viewings only. Sold ""as-is."" water tax is on 4 units (id:56688)

Property details

MLS®1304450

Listing ID30409686

Address74 Springdale Street, St. John's, Newfoundland & Labrador, Canada A1C5B4

StatusActive

Last updated14 days ago ( Oct 16, 2026 )

Property TypeRetail

Structure TypeCommercial Mix

Ownership TypeFreehold

Number of stories2

Number of Levels2

HeatingElectric

FlooringMixed Flooring

Living Area Total2,600 square feet

Price per sq ft: $62

Tax Annual Amount$4,365

Tax Year2026

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

HeatingElectric

FlooringMixed Flooring

Common InterestFreehold

Business TypeOther, Residential

Number of photos available3

Rurl
Coordinates: [47.557814, -52.717064]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $127,920

Mortgage insurance premium: $0

Total Financing: $127,920

Rough closing fee (1.5%): ~ $2,399

Total downpayment with estimated closing fee: $34,379

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Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$2,861	$34,332
Gross rental income (income/principal ratio)	1.789%	21.471%
Mortgage	$0	$0
Monthly Expenses	$200	$2,400
Vacancy	$144	$1,717
Management Fee	$229	$2,747
Expense / Income Ratio	6.99%	6.99%
Cash Flow	$2,290	$27,480
Net Operating Income (NOI)	$2,290	$27,480
Capitalization Rate	1.43%	17.19%

Capitalization Rate: 17.19%

After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $228,429

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