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Exceptional Property

61 Stamps Lane, St. John's

$314,900
2 + 1 Bedrooms
2 Bathrooms
1740 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

Two Apartment House

Year Built

1960

Square Footage

1740 square feet

Bedrooms

2 + 1 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Located in the heart of the city, this well-maintained 2-apartment home is just minutes from MUN, the Health Sciences Centre, and the Avalon Mall — making it an ideal investment property or perfect first home with rental income potential. The main unit offers two spacious bedrooms, a full bathroom, an eat-in kitchen, living room, and convenient in-...

MLS Number

1288813

Listed By

Royal LePage Atlantic Homestead

Last Updated

Aug 9, 2025, 4:20 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type
Single Family
Architectural Style
Two Apartment House
Year Built
1960
Square Footage
1740

Interior Features

Flooring
Laminate, Other, Ceramic Tile

Climate Control & Utilities

Heating System
Oil, Electric

Exterior & Surroundings

Exterior Construction
Vinyl siding

Additional Amenities

Washer, Dryer

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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No historical records are currently available for this property.

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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