About the property (MLS: 1285704):
Welcome to one of the most conveniently located 2 apt homes in the metro area with bonus rear yard access. The property is close to St. Peters Primary, O'Donel High, and Summit Centre, as well as being minutes from Costco. The main level features kitchen, dining, living rm, 3 bedrooms , main bath and rec room ( currently used by tenant as a bedroom) plus laundry located in the rec room closet in lower level. The apt features an eat in kitchen, living rm, bedroom, laundry and bath. Upgrades include new siding, main level hot water tank is approx 3yrs and apt is approx 5yrs, recently installed new electrical panels in both units. The backyard is fully fenced. As per sellers direction there will be no conveyance of any written offers prior to 6:00pm on June 1st, 2025. Offers are to remain open for acceptance until 11:00pm on June 1st. (id:56688)
Property Details
Listing ID: 28385962
Address: 79 Ashford Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N3N7
Status: Active
Last updated: 14 days ago ( May 29, 2025 )
Year Built: 1986
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 0
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,146 square feet
Price per sq ft: $140
Tax Annual Amount: $3,541
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.509118, -52.814898]
Rooms
Other | Laundry room Bath (# pieces 1-6) Bedroom Living room Not known | 9.9 x 8.8 null 9.4 x 5 null 9.9 x 10.2 null 16.1 x 12.9 null 11.8 x 9.9 null |
Basement | Recreation room | 14.4 x 12.9 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Dining room Kitchen | 11.8 x 4.9 null 12.4 x 8.5 null 8.5 x 12.4 null 11.7 x 11.4 null 13.4 x 15.8 null 8.5 x 12 null 11 x 11.7 null |
Basic Calculator
First Mortgage: $239,200
Mortgage insurance premium: $0
Total Financing: $239,200
Rough closing fee (1.5%): ~ $4,485
Total downpayment with estimated closing fee: $64,285
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,361 | $28,332 |
Gross rental income (income/principal ratio) | 0.790% | 9.476% |
Mortgage | $0 | $0 |
Monthly Expenses | $374 | $4,488 |
Vacancy | $119 | $1,417 |
Management Fee | $189 | $2,267 |
Expense / Income Ratio | 15.84% | 15.84% |
Cash Flow | $1,681 | $20,172 |
Net Operating Income (NOI) | $1,681 | $20,172 |
Capitalization Rate | 0.56% | 6.75% |