Telephone Email38 Majors Path, St. John's, Newfoundland & Labrador, Canada A1A4Z9

For sale · MLS® 1304941

38 Majors Path

St. John's, NL, A1A4Z9

3 bd1 ba1,080 sqftBuilt 1956

List price

$389,900

38 Majors Path St. John's Newfoundland & Labrador Canada A1A4Z9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1304941

So many brilliant options available here! This neat and tidy bungalow is vacant and ready for immediate occupancy. With its commercial industrial zoning, the possibilities here are limitless. Veterinary clinic, dentist office, bakery, restaurant with drive through- you dream it, you build it. Located directly across from Majors Path medical building and seconds to the Outer Ring Road. This one is priced to move. No seller directive, don’t delay, come and view today! (id:56688)

Property details

MLS®1304941

Listing ID30456255

Address38 Majors Path, St. John's, Newfoundland & Labrador, Canada A1A4Z9

StatusActive

Last updateda day ago ( Oct 29, 2026 )

Year Built1956

Property TypeSingle Family

Architectural StyleBungalow

Structure TypeHouse

Ownership TypeFreehold

Number of stories1

Number of Levels1

Beds3

Baths1

1/2 Baths0

HeatingElectric

SewerMunicipal sewage system

FlooringMixed Flooring

Living Area Total1,080 square feet

Price per sq ft: $362

Tax Annual Amount$2,053

GarageYes

Attached GarageYes

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsBlock, Concrete

HeatingElectric

FlooringMixed Flooring

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available33

Rurl
Coordinates: [47.610354, -52.725938]

Rooms

Main level

Bath (# pieces 1-6)

Bedroom

Primary Bedroom

Bedroom

Living room

Foyer

Kitchen

Foyer

Laundry room

B4 null

9.0x9.3 null

13.8x9.11 null

10.0x10.0 null

15.9x13.9 null

6.4x14.1 null

15.11x9.3 null

6.3x5.10 null

6.2x7.8 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $311,920

Mortgage insurance premium: $0

Total Financing: $311,920

Rough closing fee (1.5%): ~ $5,849

Total downpayment with estimated closing fee: $83,829

0000

Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$1,188	$14,256
Gross rental income (income/principal ratio)	0.305%	3.656%
Mortgage	$0	$0
Monthly Expenses	$488	$5,856
Vacancy	$60	$713
Management Fee	$96	$1,141
Expense / Income Ratio	41.08%	41.08%
Cash Flow	$546	$6,552
Net Operating Income (NOI)	$546	$6,552
Capitalization Rate	0.14%	1.68%

Capitalization Rate: 1.68%

After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $557,000

Neighbourhood scores

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