For sale · MLS® 1304892
2 Allan Square
St. John's, NL, A1C4A8
List price
$324,900
About this propertyMLS® 1304892
Semi detached three storey downtown property that has been completely renovated from top to bottom ~7 years ago and is within walking distance to all downtown amenities. This 3 bed, 2 bath home is ideal for first time home buyers or any professional looking to live in a modernized, move-in-ready downtown property. The main floor is open concept with original exposed brick, laminate flooring throughout, a hardwood kitchen with a peninsula for seating, an eating area, a front living room and rear access to the back patio. The second floor has 2 good sized bedrooms with laminate flooring and a 3pc main bathroom featuring ceramic tile and a custom tiled shower. The 3rd floor is a large open loft style space for the primary bedroom. It includes an incredible 4pc ensuite with a soaker tub and corner shower, stackable laundry on this level and ample space for a home office, sitting area or fitness space. The basement is dry, insulated and heated, making it ideal for storage. The exterior features maintenance-free vinyl siding and vinyl windows. The back patio is ideal for entertaining and is also accessible from the side of the house. (id:56688)
Property details
Coordinates: [47.564147, -52.710527]
Rooms
| Basement | Storage | 19x13 null |
| Third level | Ensuite Primary Bedroom | 4pc 22.11x9.9 null |
| Second level | Bedroom Bedroom Bath (# pieces 1-6) | 10.10x9.5 null 12.5x9.9 null 3pc |
| Main level | Living room Kitchen | 15.3x12.9 null 12.3x9.6 null |
Basic Calculator
First Mortgage: $259,920
Mortgage insurance premium: $0
Total Financing: $259,920
Rough closing fee (1.5%): ~ $4,874
Total downpayment with estimated closing fee: $69,854
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,642 | $19,704 |
| Gross rental income (income/principal ratio) | 0.505% | 6.065% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $83 | $986 |
| Management Fee | $132 | $1,577 |
| Expense / Income Ratio | 24.79% | 24.79% |
| Cash Flow | $1,022 | $12,264 |
| Net Operating Income (NOI) | $1,022 | $12,264 |
| Capitalization Rate | 0.31% | 3.77% |
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