Investment property near CONA, MUN and Marine Institute – 156 Higgins Line

Fraser and Stephen Winters have just listed 156 Higgins Line. An absolutely fantastic 2-apartment home located on the doorstep to Marine Institute, CONA and MUN. Lots of upgrades in recent years including roof, siding,vinyl windows and laminate flooring. 3 bedrooms in the main unit and 2 bedrooms in the basement apartment. Large open concept dining room adjacent to the living room. Master bedroom has a 2 piece ensuite. Large recroom in basement for the main unit living area. Conveniently locate on bus route. Home is situated on a large deep lot (land goes back further then back fence) a rare find in this area. Great investment property!  MLS Number: 151858  Asking price is $277,900.

Little Change in Investment Properties Vacancy rates in St. John’s Metro

December 21, 2009 · Filed Under CMHC Reports and St. John's Investments · 3 Comments 

According to the results of the fall 2009 rental market survey released today by Canada Mortgage and Housing Corporation (CMHC), the vacancy rate in the St. John’s census metropolitan area (CMA) was 0.9 per cent in October compared to a similar 0.8 per cent vacancy rate in  2008. The average two bedroom monthly rent increased to $677. “Solid economic activity and positive employment growth within the St. John’s area sustained rental market demand, resulting in low vacancies and higher rents throughout 2009,” said Chris Janes, senior market  analyst with CMHC in Newfoundland and Labrador. “The local oil industry and a lengthy list of major capital projects continued to stimulate local economic growth and in-migration to the region this year,” added Janes. Provincially, vacancy rates in percentage terms were 0.4 in the Corner Brook census agglomerate (CA), 1.6 in Gander and 1.7 in Grand Falls-Windsor CA. The combined provincial vacancy rate for all centres surveyed was 1.0 per cent.

Home for sale in Cowan Heights – 47 Greenspond Drive

September 30, 2009 · Filed Under New MLS Listings, St. John's Investments and St. John's MLS listings · 1 Comment 

47greenspondLocated in the West End of St. John’s in Cowan Heights, this 12 year old two apartment home is in great condition. Vinyl siding, vinyl windows and more more. Eat in kitchen with oak cabinets and door leading to rear patio deck. Main floor unit has three bedrooms and a rec room plus additional 4th bedroom in basement. One bedroom basement apartment has its own laundry room and is currently rented. Property is fully fenced with rear patio and shed. Call Fraser or Stephen Winters for more details or for a viewing. Asking price $249,900 MLS Listing: 148302

West End St. John’s Investment Property For Sale

September 29, 2009 · Filed Under New MLS Listings, St. John's Investments and St. John's MLS listings · Comment 

60 bonavista west end st. john'sFraser and Stephen Winters have just listed this two apartment home on 60 Bonavista Street. An excellent investment opportunity in west end St. John’s!  There have been lots of upgrades in recent years.  The main floor has spacious bedrooms and its own large recroom in basement. One bedroom basement apartment has its own laundry room and separate driveway complete with ground level entrance. The property is fully fenced with a rear patio, mature trees and shed.  New MLS Listing 148295.  Asking price is $239,900

New listing near Memorial University – 113 Prowse Ave

September 11, 2009 · Filed Under New MLS Listings, St. John's Investments and St. John's Real Estate · Comment 

113 prowse aveFraser and Stephen Winters just listed 113 Prowse Ave. This is a nice little three bedroom, two story home within walking distance to the taxation center and Memorial University (MUN) and in close proximity to the Avalon Mall. Most of the main floor is hardwood floors.  Family room with propane fireplace and french doors leading to formal dining room.  Property is fully fenced and has lots of privacy in the mature back yard.  Could make for a great investment property in St. John’s or as a starter home for the first time buyer. Asking price is $174,900

Investment property for sale in Airport Heights St. John’s

16branscombeJust listed on 16 Branscombe Street a registered Two Apartment backing on Pippy Park Golf Course in the popular Airport Heights Subdivision. Large country kitchen with cherry stained oak cabinets. Master has 1/2 bath and walk- in closet. Rec room in basement for main floor. Large 2 bedroom apartment with own laundry. Property is fenced with a 10 x 12 patio deck and a 10 x 12 shed.  Asking price is $259,900

New listing near Avalon Mall, MUN and Health Sciences

25maclarenNew St. John’s MLS listing – 25 Maclaren Place. Two year old three bedroom home located in Grovesdale Park, near MUN, Health Sciences, and the Avalon Mall. Laminate flooring throughout most of home. Eat-in country style kitchen with patio door leading to pressure treated deck. Main floor laundry and bathroom combo. Large master bedroom with ensuite and walk-in closet. Still under 7 year Atlantic Home Warranty. Baby barn in fully landscaped, partially fenced back yard. Shows pride of ownership.  Could make for a great investment property due to the proximity to the university.  Call Stephen or Fraser Winters for more info.  Asking price $209,900.

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