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Investment signal

$499,900

2 Georgina Street

Beds

4

Baths

4.1

Sqft

Year

2012

Location

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About this home

Located in the sought-after Kenmount Terrace area of St. John's, this well maintained 2-apartment home at 2 Georgina Street offers excellent value for homeowners and investors alike. The main unit features a bright and spacious layout with 3 bedrooms, highlighted by a beautifully designed kitchen complete with stainless steel appliances, ample counter space, and a built-in wine rack perfect for both everyday living and entertaining. Additional upgrades include mini-split heat pumps for efficient heating and cooling, custom blinds throughout, and pride of ownership that is evident in every room. The lower-level apartment offers a comfortable 1-bedroom layout with a generously sized living room, a well-appointed kitchen, and a large bedroom—ideal for rental income or extended family. Situated on a desirable corner lot, the property boasts a fully fenced backyard, separate driveway for the basement apartment, and plenty of outdoor space. Conveniently located near the new school and just minutes from shopping and amenities at Kelsey Drive, this home checks all the boxes. As per the sellers directive there will be no conveyance of offers until April 21st at 6PM and all offers are to be left open until April 21st at 10PM (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
Two Apartment House
Common interest
Freehold
Living area
2,256 square feet
Lot dimensions
100 x 65
On market
Apr 17, 2026
Status changed
Apr 17, 2026
Annual tax
$3,349
Zoning
Res
Photos
44
MLS#
1296294
Area
ST_JOHNS

Features and systems

Appliances

WasherDishwasherDryerMicrowave

Heating

Baseboard heatersElectricMini-Split

Exterior

Vinyl siding

Flooring

MarbleCeramic

Foundation

Concrete
Negative cash flow ~$632/mo at these assumptions

Cash on cash

-7.59%

Cap rate

4.37%

GRM

14.4

Break-even rent

$3,566

Financing

Down payment$99,980
Loan amount$399,920
Mortgage$2,453/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$417
CapEx reserve$208
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for St Johns. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,453/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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