For sale · MLS® 1304708
10 Calver Avenue
St. John's, NL, A1C2W9
List price
$199,900
About this propertyMLS® 1304708
Charming Character & Untapped Potential in Rabbittown! Leave the car parked, this starter home puts the city at your doorstep. Located in an exceptionally walkable neighborhood, you are just a 5-minute stroll to Sobeys, 7 minutes to Coleman’s, and a quick 15-minute walk to both Memorial University and the vibrant cafés, dining, and shops of downtown St. John’s. The main floor offers a functional 3-bedroom layout anchored by a bright, inviting eat-in kitchen and a full bathroom. Heating is dual-source, featuring an oil forced-air furnace complemented by electric baseboards throughout the main level. Downstairs, the expansive, mostly unfinished basement already houses the laundry area and offers a versatile blank canvas, perfect for a workshop, gear storage, or future living space. Outside includes dedicated off-street parking for a compact vehicle. This property presents a fantastic opportunity for first-time buyers looking to get into the market, investors seeking a high-demand rental corridor near MUN, or anyone wanting a solid home in a prime, central location. Sold as is. Schedule your viewing today! As per the seller's directive, no presentation of offers before 7:00 PM on Sunday, November 01, 2026. Please leave open until 11:59 PM. (id:56688)
Property details
Coordinates: [47.567495, -52.720789]
Rooms
| Basement | Laundry room Storage Utility room | 11'3"" X 9'6"" null 11' X 10' null 34' X 9'6"" null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Kitchen | 4 PCS null 5'8"" X 9'5"" null 8'8"" X 9'6"" null 11'2"" X 9'5"" null 14'2"" X 9'6"" null 20' X 11' null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,981 | $23,772 |
| Gross rental income (income/principal ratio) | 0.991% | 11.892% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $100 | $1,189 |
| Management Fee | $159 | $1,902 |
| Expense / Income Ratio | 12.62% | 12.62% |
| Cash Flow | $1,474 | $17,688 |
| Net Operating Income (NOI) | $1,474 | $17,688 |
| Capitalization Rate | 0.74% | 8.85% |
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