For sale · MLS® 1304519
11 Willenhall Place
St. John's, NL, A1E6H2
List price
$560,000
About this propertyMLS® 1304519
Welcome to 11 Willenhall Place, a nearly new 2-apartment bungalow built in 2024 on a desirable corner lot (approx. 50 x 100). With 2,520 sq ft, 5 bedrooms and 3 bathrooms, this home delivers the space, flexibility and peace of mind that only newer construction can offer. The main level features an open-concept layout, a primary bedroom with a private ensuite and walk-in closet, and laundry right on the main floor for true one-level living. Downstairs, a lower-level family room adds even more space, while the self-contained apartment comes with its own laundry and storage. It's ideal as a mortgage helper, an in-law suite, or a smart investment. The apartment is currently tenanted at $1,600/month through May 4, 2027, so the income is already in place from day one. Outside, two driveways give each unit its own parking, a rare find and a big win for owners and tenants alike. Skip the wait and stress of building new and step into a home that's only two years young. Whether you're a first-time buyer looking to offset your mortgage, a growing family, or an investor building your portfolio, 11 Willenhall Place checks every box. Nearly new, income-generating and set on a corner lot, this one won't last long (id:56688)
Property details
Coordinates: [47.544609, -52.764725]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Not known | 3 piece null 10 x 10 null 11 x 12 null 9 x 15 null 11 x 12 null 17 x 15 null |
| Main level | Kitchen Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Dining room Living room | 13 x 14 null 12.5 x 11 null 3 Piece null 16 x 13 null 3 piece null 12 x 14 null 17 x 15 null |
Basic Calculator
First Mortgage: $448,000
Mortgage insurance premium: $0
Total Financing: $448,000
Rough closing fee (1.5%): ~ $8,400
Total downpayment with estimated closing fee: $120,400
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,772 | $33,264 |
| Gross rental income (income/principal ratio) | 0.495% | 5.940% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $700 | $8,400 |
| Vacancy | $139 | $1,664 |
| Management Fee | $222 | $2,662 |
| Expense / Income Ratio | 25.25% | 25.25% |
| Cash Flow | $1,712 | $20,544 |
| Net Operating Income (NOI) | $1,712 | $20,544 |
| Capitalization Rate | 0.31% | 3.67% |
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