About this propertyMLS® 1304757
Here you go, the opportunity to live in the downtown core at 51 Golf Avenue on a very over sized lot with a detached garage 16 X 26.. This fully detached home with rear yard access, offers all the vibrancy, charm, and uniqueness you'd expect from a property in old St. John's, while having been lovingly maintained and cared for. The main floor includes an inviting living area with plenty of natural light, a separate dining area with access to the rear patio, and a kitchen with oak cabinets and appliances. Main floor laundry and a half bathroom further add to the comfort of this home. Upstairs has 3 bedrooms, an office, a large storage closet, and the main bathroom. Outside, you'll find off street parking (a bonus for downtown living), along with a very large fenced backyard where the family grew vegetables for over 40 years. Back patio and front steps were replaced in 2025, perfect for soaking in those summer days and evenings. Within walking distance to some of the city's best dining, shopping, and entertainment, this property is perfect for those who love to be in the middle of the action, taking in all of the colour and energy that centre city St. John's has to offer, all while having your own peaceful place to call home. Schedule your viewing today! As per the attached Seller's Direction, there will be no conveyance of offers prior to 1pm on Thursday Oct29th with offers to remain open until 6pm the same day (id:56688)
Property details
Coordinates: [47.558529, -52.725533]
Rooms
| Basement | Bath (# pieces 1-6) Storage Utility room Family room | 3.11 x 3.5 null 11.4 x 8.7 null 12.10 x 8.1 null 17.4 x 12.6 null |
| Second level | Bath (# pieces 1-6) Office Bedroom Bedroom Primary Bedroom | 7.3 x 6.4 null 7.3 x 7.10 null 13.10 x 8.2 null 13.10 x 9.6 null 13.10 x 11.2 null |
| Main level | Bath (# pieces 1-6) Laundry room Kitchen Living room Foyer | 4.2 x 4.4 null 7.7 x 9.5 null 12.11 x 11.4 null 13.11 x 17.7 null 6.2 x 5.10 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,862 | $34,344 |
| Gross rental income (income/principal ratio) | 1.193% | 14.316% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $300 | $3,600 |
| Vacancy | $144 | $1,718 |
| Management Fee | $229 | $2,748 |
| Expense / Income Ratio | 10.48% | 10.48% |
| Cash Flow | $2,190 | $26,280 |
| Net Operating Income (NOI) | $2,190 | $26,280 |
| Capitalization Rate | 0.91% | 10.95% |
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