New Listing in Grovesdale Park Near Memorial University – 6 Seaborn Street, St. John’s

*** SALE PENDING*** 6 Seaborn Street is a fully developed 5 bedroom property located near MUN and Health Sciences. Three bedrooms up and 2 bedrooms in the basement. Laminate and carpet flooring throughout most of property. Large eat-in kitchen has oak cabinets and patio door leading to a 10×10 patio. There is a rec-room in the basement as well as a 3 piece bathroom. Great investment property! MLS: 177791  Asking price is $269,900.  Call Fraser or Stephen Winters for more information.

76 – 78 Goodridge Street – Investment property walking distance to MUN

February 17, 2012 · Filed Under New MLS Listings, St. John's Investments, St. John's MLS listings · Comments Off 

** SALE PENDING IN UNDER 72 hours** Just listed 76-78 Goodridge Street.  A great 6 bedroom 2-apartment investment property within walking distance to MUN.  Many upgrades including electrical, vinyl windows, colonial doors, oak kitchen. Main floor laundry. Two electric meters and separate heating.  This property is well maintained and shows very well. Two fridges, two stoves & washer and dryer to remain. Off street Parking. Income $2000 mth for main  (including utilities) and $600 mth POU for apartment. Asking price is $239,900.  Contact Fraser or Stephen Winters for more information. MLS#: 174070

Vacancy Rate Remains Low in St. John’s Area

December 15, 2011 · Filed Under CMHC Reports, St. John's Investments, St. John's Rentals Info · Comments Off 

From the CMHC press release regarding vacancy rates in St. John’s.

According to Canada Mortgage and Housing Corporation’s (CMHC) Fall Rental Market Survey, the vacancy rate in the St. John’s Census metropolitan area (CMA) was 1.3 per cent, compared to 1.1 per cent in 2010.
“With record employment and income growth attracting people to the region, population growth continued to create rental demand as new immigrants have a high tendency to rent,” said Chris Janes, senior market analyst with CMHC in Newfoundland and Labrador. “An increase in home prices and a solid economy also supported demand for rental units in 2011. These factors, coupled with limited new rental supply, continued to keep the local vacancy rate low,” added Janes.
Provincially, vacancy rates in percentage terms were 1.3 in the Corner Brook area, 1.2 per cent in Gander and 0.9 per cent in the Grand Falls-Windsor area. The combined provincial vacancy rate for all centres surveyed increased from 1.0 per cent to 1.3 per cent.
Overall, the average two bedroom rent was $701 across the five urban centres surveyed, with increases recorded in every centre. The highest average two bedroom rent recorded was $771 in the St. John’s CMA, while Bay Roberts posted the lowest average rent of $561. The remaining average two bedroom rents were $584 in Corner Brook; $567 in Gander and $646 in Grand Falls-Windsor.

 

29 Gorman Ave – Two Apartment Home in Kilbride

November 1, 2011 · Filed Under New MLS Listings, St. John's Investments, St. John's MLS listings · Comments Off 

***REDUCED*** 29 Gorman Ave is located in Kilbride.  This 2-apt home has lots of potential. Three bedrooms on the main floor and two in the basement apartment.   Vinyl windows. Spacious main floor with open concept living room / dinging room.  Fully fenced back yard.  Patio deck.  and 12 x 16 shed.  Great investment property. Asking price is $190,000  MLS: 171512  Call Fraser or Stephen Winters for more information.

Investment property in West End St. John’s – 38 Forbes Street

June 22, 2011 · Filed Under New MLS Listings, St. John's Investments, St. John's MLS listings · Comments Off 

  ** SALE PENDING ** Great investment property in West End St. John’s.  38 Forbes Street is a two apartment home located close to Village Mall. Three bedrooms up with 2 bedrooms downstairs . Upgrades include new electrical panel, some newer vinyl windows and laminate floors.   Very spacious basement apartment. Separate laundry for both units as well as separate driveways. MLS: 166858 Asking price is $239,900  Contact Fraser or Stephen Winters for more information.

Investment Property in East End St. John’s – 25 Toronto Street

June 22, 2011 · Filed Under New MLS Listings, St. John's East End, St. John's Investments, St. John's MLS listings · Comments Off 

** SALE PENDING ** Located in a prime east end location next to McDonald Drive Elementary / Junior High Schools on the doorstep to Collage of the North Atlantic, Health Sciences, Confederation Building, Marine Institute. Both Units presently rented. Vinyl Windows on main floor. Roof Shingles replaced approx 8 Years ago. Three bedrooms up with a family room for main downstairs. One bedroom apartment downstairs. Ample parking. Great investment property. Separate Meters.  Contact Fraser or Stephen Winters for more information.  MLS: 166724 Asking price is $244,900

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