For sale · MLS® 1304521
23 Circular Road
Grand Falls-Windsor, NL, A2A1A5
List price
$239,900
About this propertyMLS® 1304521
This income generating two unit rental property could be the perfect addition to your portfolio! All above ground!! Located in the downtown area of Grand Falls-Windsor, close to hospital, churches, playground/splash pad, and ballfields. Extensive renovations competed in 2010 including vinyl siding, windows , new plywood roof and shingles, rewired, both units are self contained with own electrical meters, kitchens, bathrooms , plus so much more. Main unit has 3 bedrooms, living room, kitchen, laundry and bathroom, large covered front deck 28x5. Upstairs unit consists of 2 bedrooms, 1 bathroom with an open concept kitchen/living room, laundry, with an attached 12x10 deck. Home is heated by all electric heat baseboard heaters, detached shed, 2 separate gravel driveways. Or optionally this property could be perfect if you are looking to offset your mortgage and live in one of the units. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom Living room/Dining room Kitchen | 9.00 x 5.11 8.11 x 9.00 10.08 x 11.06 16.07 x 13.07 13.07 x 10.07 |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room Porch | 6.08 x 8.05 9.07 x 8.09 9.06 x 10.00 11.08 x 10.09 12.07 x 13.02 12.00 x 10.06 6.00 x 5.00 |
The essentials
Location, air, flood & taxes
Elevation
74 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$1,347 / year
≈ $112 / month · assessment year 2026
Climate
Jan -3° · Jul 23°
normal daily high · WOODDALE BISHOP'S FALLS station · 1991–2020
Nearby & drive routes
11 places shown · OpenStreetMap · OSRM
Schools 4
Groceries 2
Parks 5
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$113/mo
Principal & interest $0 + property tax $113 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-299
NOI / month
$-299
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $113 | $1,347 |
| Expenses | $187 | $2,244 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-299 | $-3,588 |
| NOI | $-299 | $-3,588 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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