66 Pearce Avenue
St. John's, NL, A1E3C3
2 Beds | 1 Bath
$192,500
About the property (MLS: 1283993):
Welcome to 66 Pearce Ave in St. John's, this cozy, fully detached two-bedroom, one-bathroom bungalow has seen tons of updates over the years and is a great opportunity for first-time buyers, downsizers, or anyone looking for a move-in ready home. It’s located in a growing area close to new schools, shopping, healthcare, fitness centers, beautiful walking trails — and just minutes from downtown. From the moment you pull up, you’ll love the curb appeal of this home. Inside, a welcoming porch leads into a bright, good-sized family room. The main floor is filled with natural light and offers a comfortable living space, two bedrooms, a full bathroom, and a spacious kitchen and dining area. The basement has lots of storage for all your extras. There’s been no shortage of upgrades here either! Recent updates include a new front stoop and composite steps in 2023, new siding and Tyvek wrap in 2022, a new hot water boiler in 2022, and a roof with 30-year shingles in 2020. The plumbing was upgraded to PEX in 2018, and appliances like the washer, dishwasher, and oven have all been replaced in recent years. New vinyl windows, new front and back doors, and added gutters round out the list of improvements, meaning you can move in and enjoy without the stress of big projects. Out back, the oversized deck and fully fenced yard offer the perfect spot to relax in the summer, with lots of trees giving you extra privacy. If you’re looking for a sweet, updated home in a great location, this one is a must-see. No conveyance of any written offers prior to 11:00 am Tuesday, May 6th, 2025 with response to agents by 3:00pm that same day. (id:56688)
Property Details
Listing ID: 28228414
Address: 66 Pearce Avenue, St. John's, Newfoundland & Labrador, Canada A1E3C3
Status: Active
Last updated: 14 days ago ( Apr 29, 2025 )
Year Built: 1955
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Mixed Flooring
Living Area Total: 1,716 square feet
Price per sq ft: $113
Tax Annual Amount: $1,410
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Stone, Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Other, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.553493, -52.733839]
Rooms
| Main level | Porch Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Dining room Kitchen | 5.05 x 4.00 null 4 Piece null 12.00 x 9.06 null 12.00 x 10.05 null 12.00 x 11.00 null 12.00 x 11.00 null 12.00 x 10.05 null |
Basic Calculator
First Mortgage: $154,000
Mortgage insurance premium: $0
Total Financing: $154,000
Rough closing fee (1.5%): ~ $2,888
Total downpayment with estimated closing fee: $41,388
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,888 | $22,656 |
| Gross rental income (income/principal ratio) | 0.981% | 11.769% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $241 | $2,892 |
| Vacancy | $95 | $1,133 |
| Management Fee | $152 | $1,813 |
| Expense / Income Ratio | 12.76% | 12.76% |
| Cash Flow | $1,402 | $16,824 |
| Net Operating Income (NOI) | $1,402 | $16,824 |
| Capitalization Rate | 0.73% | 8.74% |
