10A Salisbury Street photo 11 / 14

MLS #1298413

10A Salisbury Street

St. John's

$309,000

5 Beds
2 Baths
2,100 sqft
Two-Apartment Home
Source Listing

Property Details

Welcome to this registered two-apartment home in the heart of Central St. John's. Whether you're looking for a home with mortgage-helping rental income or a solid addition to your investment portfolio, this property offers plenty of flexibility. The main floor features 3 bedrooms and 1 full bathroom with a spacious and functional layout, while the self-contained basement apartment offers 2 bedrooms and 1 bathroom with its own private entrance. Currently generating $3,450 per month in rental income, with the main unit renting for $2,050/month POU and the basement apartment for $1,400/month POU. Recent updates include a new roof completed in 2026, providing added peace of mind for years to come. Conveniently located near Memorial University, the Health Sciences Centre, downtown St. John's, shopping, schools, restaurants, and public transit, this property is situated in an area known for its strong rental demand and everyday convenience. With its central location, income potential, and recent upgrades, this is a great opportunity for buyers looking for value and versatility in today's market. As per sellers directive, no conveyance of offer prior to June 9th 2026 at 7:00PM. Offers to be left open until 11::00PM. Please note: Listing photos were taken prior to the current tenants occupying the property. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$309,000
Down Payment - 5%$15,450
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,478

Mortgage Payment
$1,759
Property Tax
$219
Insurance
$150
Utilities
$350
Down Payment
$15,450
Loan Amount
$293,550
Total Interest
$234,178

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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