About this propertyMLS® 1304576
Welcome to 7 Brine Street! Situated on a quiet street in St. John's, this well-maintained 29-year-old detached home features brand-new flooring, fresh paint, and modern upgrades throughout. The main level offers a bright, open living space, functional kitchen, and convenient powder room, while the upstairs houses 3 comfortable bedrooms and a full bath. Outside, enjoy a private fenced yard and driveway; recent updates include new shingles (2026), hot water tank (2026), and HRV (2026). The freshly insulated, undeveloped basement with direct exterior access presents incredible potential to add a rec room, extra bedroom, or third bathroom for instant equity. Ideal for first-time buyers, investors, or downsizers—move-in ready! As per seller directive, no conveyance of offers prior to 12:00 PM on Tuesday, October 27, 2026, with offers left open until 5:00 PM the same day. (id:56688)
Property details
Coordinates: [47.554485, -52.716018]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 8'5 x 5'6 null 9'5 x 7'11 null 13'6 x 11'9 null 13'6 x 11'10 null |
| Main level | Bath (# pieces 1-6) Living room Kitchen | 6'9 x 4'9 null 12' 7 x 14'3 null 12 6 x 13 9 null |
Basic Calculator
First Mortgage: $271,200
Mortgage insurance premium: $0
Total Financing: $271,200
Rough closing fee (1.5%): ~ $5,085
Total downpayment with estimated closing fee: $72,885
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,120 | $25,440 |
| Gross rental income (income/principal ratio) | 0.625% | 7.504% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $424 | $5,088 |
| Vacancy | $106 | $1,272 |
| Management Fee | $170 | $2,036 |
| Expense / Income Ratio | 20.00% | 20.00% |
| Cash Flow | $1,421 | $17,052 |
| Net Operating Income (NOI) | $1,421 | $17,052 |
| Capitalization Rate | 0.42% | 5.03% |
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