7 Hoyles Avenue, St John S

Bedroom - 7 Hoyles Avenue, St John S, NL A1B1E2 Photo 1

17 Photos

Bedroom - 7 Hoyles Avenue, St John S, NL A1B1E2 Photo 2
Bedroom - 7 Hoyles Avenue, St John S, NL A1B1E2 Photo 3
Bath (# pieces 1-6) - 7 Hoyles Avenue, St John S, NL A1B1E2 Photo 4
Bedroom - 7 Hoyles Avenue, St John S, NL A1B1E2 Photo 5
Bedroom - 7 Hoyles Avenue, St John S, NL A1B1E2 Photo 6
Bedroom - 7 Hoyles Avenue, St John S, NL A1B1E2 Photo 7
  • Bedrooms: 7
  • Bathrooms: 2
  • Living area: 1550 square feet
  • MLS®: 1268047
  • Type: Residential
  • Added: 58 days ago

Property Details

Affordable Investment Alert Near MUN! Unlock the door to a premier investment with this pre-inspected, semi-detached gem, nestled in a prime location that blends convenience with exceptional income potential. On the doorsteps of Memorial University and the vibrant Churchill Square, this 1.5-story home enjoys steady demand, boasting a robust monthly rental income of $3,280 for immediate positive cash flow. Across three thoughtfully designed levels, the residence caters to a wide tenant base. The main floor, with two bedrooms, an updated bathroom, and a welcoming eat-in kitchen, sets the stage for a comfortable living area. The second floor adds two more bedrooms, increasing privacy and living comfort. The highlight is the basement, featuring a modern kitchenette, three bedrooms, a full bathroom, and laundry facilities, all configured as an in-law suite, enhancing the property’s versatility and attractiveness to potential renters. Featuring electric heating and a spacious driveway leading to a large backyard, this property ensures tenant satisfaction while minimizing maintenance costs. Tasteful updates to both bathrooms enhance the home's functionality, further solidifying its appeal to investors. Positioned at 7 Hoyles Avenue, this opportunity transcends mere property ownership, offering a pathway to financial growth and stability within one of St. John's most desirable neighborhoods. Discover the promise of a high-yield investment home. Schedule your viewing today and embark on a strategic journey toward a wise and lucrative investment decision. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Heating: Electric
  • Stories: 1.5
  • Tax Year: 2024
  • Flooring: Hardwood, Laminate, Other
  • Year Built: 1950
  • Appliances: Washer, Refrigerator, Dryer
  • Living Area: 1550
  • Photos Count: 17
  • Water Source: Municipal water
  • Bedrooms Total: 7
  • Structure Type: House
  • Common Interest: Freehold
  • Tax Annual Amount: 1731
  • Exterior Features: Vinyl siding
  • Foundation Details: Concrete
  • Lot Size Dimensions: 35.5 x 145 x 44 x 144
  • Zoning Description: Res
Room Dimensions
Type Level Dimensions
Bedroom Basement 8' X 9'
Bedroom Basement 8' X 10'
Bedroom Basement 8' X 10'
Bath (# pieces 1-6) Basement 4 PC
Bedroom Second level 9'4"" X 16
Bedroom Second level 9' X 13'
Bedroom Main level 12' X 9'4""
Bedroom Main level 11'8 X 15
Bath (# pieces 1-6) Main level 3 PC
Kitchen Main level 7'10"" X 14'5
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Nearby Places

Name Type Address Distance
Rabbittown, St. John's It is located near downtown, and is bounded approx... 0.5 km
Memorial University of Newfoundland With historical strengths in education, engineerin... 0.6 km
Georgestown, St. John's It is bordered by Military Road, Monkstown Road, E... 0.7 km
Bishops College (Newfoundland) It was next to another high school called Booth Me... 0.8 km
CHMR-FM The Memorial University of Newfoundland Radio Soci... 0.8 km
Guv'nor Inn (The) Restaurant 389 Elizabeth Ave 0.8 km
Memorial University of Newfoundland University 230 Elizabeth Ave 0.8 km
Prince of Wales Collegiate It serves part of St... 0.8 km
Prince of Wales Collegiate School 3 Paton St 0.8 km
Bishops College School St John's 0.8 km
Sobeys Grocery or supermarket 8 Merrymeeting Rd 0.9 km
Holy Heart High School School 55 Bonaventure Ave 0.9 km
Similar Houses Stat in St John S
We have found 6 Houses that closely match the specifications of the property located at 7 Hoyles Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 249,000 and 412,500, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the A1B1E2 postal code area of St John S Newfoundland Canada.
7 Hoyles Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 7 Hoyles Avenue. The current price of the property is $295,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $236,000. This would result in a monthly mortgage payment of $1,379 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 15
College 40
University degree at bachelor level or above 30

Neighbourhood Marital Status Stat

Married 75
Widowed 20
Divorced 25
Separated 10
Never married 160
Living common law 20
Married or living common law 100
Not married and not living common law 210

Neighbourhood Construction Date

1961 to 1980 30
1991 to 2000 25
2001 to 2005 10
2006 to 2010 10
1960 or before 105
Comparison of 7 Hoyles Avenue, St John S, NL with Nearby Houses
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Oshawa Homes for Sale 418 $1.041.107
Whitby Homes for Sale 325 $1.215.676
Fort Erie Homes for Sale 369 $903.526
Other Homes for Sale 1397 $992.161
Markham Homes for Sale 518 $1.377.530
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