30 PEARCE Avenue
St. John’s, NL, A1E3C3
3 Beds | 1 Bath
$189,900
About the property (MLS: 1284722):
Nestled in the heart of Mundy Pond, St. John's, 30 Pearce Avenue is a charming 3-bedroom, 1-bathroom bungalow perfect for first-time home buyers. This cozy and well-maintained property offers a welcoming atmosphere and a fantastic location. Enjoy the convenience of being within walking distance to Ropewalk Lane, where shopping, dining, and daily essentials are easily accessible. With a nearby bus terminal, commuting around the city is effortless, making this home ideal for those seeking both comfort and convenience. Whether you're starting your homeownership journey or looking for a peaceful retreat in a well-connected neighborhood, 30 Pearce Avenue is a wonderful opportunity to call home. Surrounded by great Nearby Amenities: - Shopping & Dining– Ropewalk Lane offers a variety of shops, restaurants, and essential services within walking distance. - Public Transit – A nearby bus terminal ensures easy access to transportation around the city. - Recreation & Fitness – The Mews Centre is a multi-purpose facility offering recreational programs and fitness opportunities - Entertainment – Mundy Pond is close to Twin Rinks Stadium, Plaza Bowl, and Scotiabank Theatre, providing plenty of entertainment options - Parks & Outdoor Spaces – Mundy Pond Park offers scenic walking trails and green spaces for outdoor activities. This location makes it an ideal location for families and first-time home buyers. Seller's Direction - No conveyance of any written signed offers prior to 1:00 pm on May 14, 2025 with offers being left open for acceptance until 6:00 pm on May 14, 2025. (id:56688)
Property Details
Listing ID: 28274731
Address: 30 PEARCE Avenue, St. John’s, Newfoundland & Labrador, Canada A1E3C3
Status: Active
Last updated: 6 days ago ( May 7, 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: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,008 square feet
Price per sq ft: $189
Tax Annual Amount: $1,025
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.552165, -52.733401]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Other Kitchen Dining room Living room Porch | 7.1x4.11 null 7.6x5.8 null 18.10x12.2 null 7.6x8.9 null 7.6x10 null 3.9x19.2 Hall null 7.4x9.7 null 10.8x6.11 null 11.9x12.6 null 5.7x5.10 null |
Basic Calculator
First Mortgage: $151,920
Mortgage insurance premium: $0
Total Financing: $151,920
Rough closing fee (1.5%): ~ $2,849
Total downpayment with estimated closing fee: $40,829
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,109 | $13,308 |
| Gross rental income (income/principal ratio) | 0.584% | 7.008% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $238 | $2,856 |
| Vacancy | $56 | $666 |
| Management Fee | $89 | $1,065 |
| Expense / Income Ratio | 21.46% | 21.46% |
| Cash Flow | $727 | $8,724 |
| Net Operating Income (NOI) | $727 | $8,724 |
| Capitalization Rate | 0.38% | 4.59% |
