For sale · MLS® 1304723
86 GREENSPOND Drive
St Johns, NL, A1E6A1
List price
$299,900
About this propertyMLS® 1304723
Welcome to a well-maintained and extensively updated bungalow in St. John's desirable west end. Offering just under 2,000 sq. ft. of developed living space, this bright and inviting home features 3 bedrooms, 2 full bathrooms, and a fully developed walkout basement. The main floor offers a welcoming living room, eat-in kitchen, two bedrooms, and a full bath. Downstairs, you'll find a spacious rec room, third bedroom, second full bathroom, laundry, storage, and mudroom with walkout access. The bright basement adds valuable living space and provides excellent flexibility for families, guests, or future rental potential. Situated on a landscaped lot with a little modification, there is potential for rear yard access and a future garage. You will also find a fenced backyard, storage shed, and double paved driveway, the property has seen numerous upgrades over the years, including windows, shingles, HRV, hot water tank, bathrooms, exterior doors, driveway paving, and fresh paint throughout. Conveniently located near schools, shopping, recreation, and everyday amenities, minutes to the Gushue Highway, this move-in-ready home offers comfort, functionality, and excellent value in a sought-after neighbourhood. (Sellers Direction in place, Offers to be conveyed October 29, 2026 at 2pm. Allow for The Vendors Review until 6pm that same day.) (id:56688)
Property details
Coordinates: [47.538522, -52.758802]
Rooms
| Basement | Mud room Storage Bath (# pieces 1-6) Laundry room Bedroom Recreation room | 12.7x10.7 null 12x8 null 8x6 null 8x6 null 11x10.4 null 10x16 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Eat in kitchen Living room Porch | 8.8x6 null 11.6x9 null 11.6x12.1 null 10.6x21 null 12x15 null 6x8 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,156 | $25,872 |
| Gross rental income (income/principal ratio) | 0.719% | 8.627% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $108 | $1,294 |
| Management Fee | $173 | $2,070 |
| Expense / Income Ratio | 17.39% | 17.39% |
| Cash Flow | $1,501 | $18,012 |
| Net Operating Income (NOI) | $1,501 | $18,012 |
| Capitalization Rate | 0.50% | 6.01% |
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