Telephone Email200 WATER Street, ST. JOHN'S, Newfoundland & Labrador, Canada A1C1A9

For sale · MLS® 1304736

200 WATER Street

ST. JOHN'S, NL, A1C1A9

2,400 sqft

List price

$399,900

200 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1C1A9, 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® 1304736

Attention all entrepreneurs!! Located in the heart of the downtown district of St. John's and in the middle of the ""Pedestrian Mall."" Three floors total 2,400 sq. The first floor is tenant-occupied under a recent 5-year lease. The top two floors have an excellent layout consisting of 8 offices 1 boardroom and a kitchen over the top 2 floors. Washroom on each floor. Space shows well with fresh paint and flooring. Excellent office space for anyone wishing to capture the 'downtown energy'. (id:56688)

Property details

MLS®1304736

Listing ID30436953

Address200 WATER Street, ST. JOHN'S, Newfoundland & Labrador, Canada A1C1A9

StatusActive

Last updated7 days ago ( Oct 23, 2026 )

Property TypeBusiness

Ownership TypeFreehold

HeatingElectric

FlooringMixed Flooring, Concrete Slab

Living Area Total2,400 square feet

Price per sq ft: $167

Tax Annual Amount$0

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

RoofTar & gravel, Unknown

HeatingElectric

FlooringMixed Flooring, Concrete Slab

Common InterestFreehold

Business TypeOther

Number of photos available11

Rurl
Coordinates: [47.563755, -52.707411]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $319,920

Mortgage insurance premium: $0

Total Financing: $319,920

Rough closing fee (1.5%): ~ $5,999

Total downpayment with estimated closing fee: $85,979

0000

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	$2,640	$31,680
Gross rental income (income/principal ratio)	0.660%	7.922%
Mortgage	$0	$0
Monthly Expenses	$500	$6,000
Vacancy	$132	$1,584
Management Fee	$212	$2,535
Expense / Income Ratio	18.94%	18.94%
Cash Flow	$1,797	$21,564
Net Operating Income (NOI)	$1,797	$21,564
Capitalization Rate	0.45%	5.39%

Capitalization Rate: 5.39%

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).): $571,286

Neighbourhood scores

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