Telephone Email41 Cashin Avenue, St John's, Newfoundland & Labrador, Canada A1E1C2

For sale · MLS® 1301264

41 Cashin Avenue

St John's, NL, A1E1C2

2 bd2 ba1,800 sqftBuilt 1970

List price

$295,000

41 Cashin Avenue St John's Newfoundland & Labrador Canada A1E1C2, 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® 1301264

Prime mixed-use opportunity in a high-demand location near Ropewalk Lane Plaza. This R2-zoned property features a well-maintained upstairs 1-bedroom apartment, offering immediate rental income and strong long-term tenant appeal. The main unit provides comfortable living space ideal for professionals, students, or those seeking convenience close to major amenities. Zoning supports multi-unit residential development, making this an excellent option for investors, owner-occupiers, or those exploring future expansion. The surrounding area offers exceptional accessibility, with shopping, dining, transit, and essential services just steps away. A rare chance to secure a versatile property with proven rental potential in one of St. John’s most convenient and commercially active corridors. (id:56688)

Property details

MLS®1301264

Listing ID30107002

Address41 Cashin Avenue, St John's, Newfoundland & Labrador, Canada A1E1C2

StatusActive

Last updated2 months ago ( Aug 20, 2026 )

Year Built1970

Property TypeSingle Family

Architectural Style2 Level

Structure TypeTwo Apartment House

Beds2

Baths2

HeatingElectric

SewerMunicipal sewage system

FlooringLaminate

Lot Size Area2432

Living Area Total1,800 square feet

Price per sq ft: $164

Tax Annual Amount$2,600

GarageNo

Attached GarageNo

Garage Spaces1

AppliancesRefrigerator

Water SourceMunicipal water

RoofAsphalt shingle, Unknown

Foundation DetailsConcrete

HeatingElectric

FlooringLaminate

Exterior FeaturesOther

CoolingAir exchanger

Common InterestFreehold

Number of photos available24

Rurl
Coordinates: [47.555871, -52.733275]

Rooms

Second level	Bath (# pieces 1-6) Not known Not known Not known	10x5 10x14.5 14.5x15 15x8
Main level	Bath (# pieces 1-6) Bedroom Living room/Dining room	5.5x5.5 9x14 19x15

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $236,000

Mortgage insurance premium: $0

Total Financing: $236,000

Rough closing fee (1.5%): ~ $4,425

Total downpayment with estimated closing fee: $63,425

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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	$0	$0
Gross rental income (income/principal ratio)	0.000%	0.000%
Mortgage	$0	$0
Monthly Expenses	$369	$4,428
Vacancy	$0	$0
Management Fee	$0	$0
Expense / Income Ratio	Infinity%	Infinity%
Cash Flow	$-369	$-4,428
Net Operating Income (NOI)	$-369	$-4,428
Capitalization Rate	-0.13%	-1.50%

Capitalization Rate: -1.50%

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).): $421,429

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