As per Seller’s direction, no conveyance of offers until Friday, October 30, 2026 at 5:00 PM.
Deadline extracted automatically from the listing remarks — it may be missing, incomplete, or out of date. Always confirm offer terms with the listing brokerage.
About this propertyMLS® 1304775
Welcome to 23 Fahey Street, a well-maintained two-apartment home with stunning views of the Waterford Valley. Offering 5 bedrooms in total (3 up, 2 down), each unit has its own laundry and separate driveway, and the property sits on a large rear yard. This is an excellent opportunity for investors, homeowners seeking mortgage help, or multi-generational families. The main upper apartment features 3 bedrooms and a bright layout that takes full advantage of the valley views. Recent updates include a refreshed bathroom with new flooring, toilet, and heater, a new fridge, new plumbing, and fresh paint in two bedrooms, the bathroom, and the kitchen. The HVAC system was serviced within the last few months. The lower 2-bedroom apartment has been extensively renovated and is currently rented for $1,250 per month, with the tenant paying their own utilities, providing immediate income. Highlights include all-new flooring throughout, with new carpet in the bedrooms and living room, and a fully renovated bathroom with everything new down to the drywall. The laundry room has also been renovated, new heaters have been added in the bathroom, hall, laundry room, and bedroom, and the kitchen has a new tap. The entire unit was freshly painted in June 2026, and new plumbing was completed in May 2026. Throughout the home, you'll find new doorknobs and door stops in both units, along with newly installed eavestrough and a front step completed last summer. Flexible, updated, and in a great location, 23 Fahey Street is ready for its next owner. Book your private viewing today! As per Seller’s direction, no conveyance of offers until Friday, October 30, 2026 at 5:00 PM. All offers to be left open for acceptance until 10:00 PM on Friday, October 30, 2026. (id:56688)
Specifications
Property details
Room by room
Rooms
| Lower level | Bath (# pieces 1-6) Not known Not known Not known Not known | 4pc 10.8 x 10.1 10.6 x 9.2 12 x 10.2 11 x 10.8 |
| Main level | Dining room Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Living room Kitchen | 9.8 x 8.3 4pc 10 x 13.5 10 x 9.9 10 x 11.5 13.6 x 10 12 x 10 |
The essentials
Location, air, flood & taxes
Elevation
124 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Flood zone
Outside floodplain
City of St. John's flood mapping · not flagged
Zoning
R1 · R1
53.33 ha parcel
Property tax
$2,270 / year
≈ $189 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
4 places shown · 3 routes · OpenStreetMap · OSRM
- 8 min to downtown St. John's7.4 km
- 15 min to Memorial University11 km
- 20 min to Avalon Mall17.7 km
Parks 4
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
$190/mo
Principal & interest $0 + property tax $190 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-412
NOI / month
$-412
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $190 | $2,270 |
| Expenses | $223 | $2,676 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-412 | $-4,944 |
| NOI | $-412 | $-4,944 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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