About this propertyMLS® 1304790
Welcome to your new home in the heart of historic downtown St. John’s, Newfoundland. Nestled on Queens Road, this recently renovated, tastefully decorated and fully furnished 1-bedroom apartment offers 800 square feet of comfortable living space on the ground floor of a charming house. Enter through your private entrance off Victoria Street to find a bright, spacious kitchen, a cozy living room perfect for relaxing or entertaining, 3pc bathroom featuring in- floor heating and in-suite laundry—everything you need at your fingertips. This apartment is ideal for a graduate student or young professional who values a scent-free, non-smoking environment. You’ll also be in good company, with friendly LGBTQ landlords living upstairs. Keep in mind, Victoria Street is a steep hill, and the garden entrance may pose accessibility challenges. Snow clearing is the tenant’s responsibility, and on-street permit parking is available through the City of St. John’s—tenants are responsible for obtaining and paying applicable fees. We require a minimum lease term of 1 year, along with 2 character references and proof of financial stability. See attachment for screening prior to viewings. (id:56688)
Property details
Coordinates: [47.567359, -52.708528]
Rooms
| Main level | Bedroom Kitchen Living room | 10.0 x 11.0 null 12.0 x 15.0 null 13.0 x 13.0 null |
Basic Calculator
First Mortgage: $1,080
Mortgage insurance premium: $0
Total Financing: $1,080
Rough closing fee (1.5%): ~ $21
Total downpayment with estimated closing fee: $291
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $881 | $10,572 |
| Gross rental income (income/principal ratio) | 65.259% | 783.111% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $2 | $24 |
| Vacancy | $45 | $529 |
| Management Fee | $71 | $846 |
| Expense / Income Ratio | 0.23% | 0.23% |
| Cash Flow | $765 | $9,180 |
| Net Operating Income (NOI) | $765 | $9,180 |
| Capitalization Rate | 56.67% | 680.00% |
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