For sale · MLS® 1304362
7 Prestwick Place
St. John's, NL, A1B3L3
List price
$499,900
About this propertyMLS® 1304362
Strategically situated at the bulb of a cul-de-sac in a mature neighbourhood, this bright & spacious family home presents a unique opportunity. Offering nearly 3,000 sq. ft. of developed living space, this well-maintained multi-level home features 4 bedrooms & 2.5 bathrooms, with a thoughtful layout designed for both everyday family living & entertaining. Numerous upgrades over the years make this an appealing, low-maintenance property. The main living level features an inviting living room with a wood-burning fireplace, a dining area highlighted by an oversized picture window & glass garden doors leading directly to the patio deck. The adjacent timeless white kitchen offers an abundance of ceiling-height cabinetry, generous counter space, custom backsplash & stainless steel KitchenAid appliances, including a propane range. The upper level boasts 3 bedrooms, including a spacious primary bedroom with a large sitting area, along with a spa-inspired renovated bathroom featuring a double vanity with a solid-surface countertop. The ground level offers a versatile bedroom with a propane fireplace (not currently connected), an ensuite bathroom, office & powder room, making it ideal for guests or an adult child. The basement provides a large rec room, storage room & mechanical room. Recent upgrades include 3 exterior doors & 5 windows (2024), R-55 blown-in fibreglass attic insulation (2024), & a multi-head mini-split system for efficient heating & cooling. The exterior siding & shingles have also been replaced within the last several years. Complete with park-like gardens & within walking distance of Memorial University & the Health Sciences Centre, this exceptional home offers space, comfort & convenience in a desirable mature neighbourhood! (id:56688)
Property details
Coordinates: [47.563291, -52.751023]
Rooms
| Basement | Recreation room Laundry room Storage | 22.9 x 13.5 null 11.9 x 8.7 null 13.1 x 11.9 null |
| Lower level | Bath (# pieces 1-6) Office Ensuite Primary Bedroom | 2 piece null 11.3 x 10.5 null 5 Piece null 21.4 x 13.9 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 5 Piece null 11.1 x 9.9 null 11.2 x 11.1 null 21.4 x 13.9 null |
| Main level | Kitchen Dining room Living room/Fireplace Foyer | 14.9 x 12.3 null 12.6 x 7.8 null 16.3 x 12.11 null 15.11 x 6.2 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,105 | $37,260 |
| Gross rental income (income/principal ratio) | 0.621% | 7.453% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $156 | $1,863 |
| Management Fee | $249 | $2,981 |
| Expense / Income Ratio | 20.13% | 20.13% |
| Cash Flow | $2,077 | $24,924 |
| Net Operating Income (NOI) | $2,077 | $24,924 |
| Capitalization Rate | 0.42% | 4.99% |
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