37 Avery Place
Mount Pearl, NL, A1N0C3
2 Beds | 2 Baths
$359,900
About the property (MLS: 1286026):
Located in the 50+ community of Parkdale Ridge off Park Avenue in Mount Pearl, this bungalow-style semi-attached condominium townhome is vacant and available for immediate sale. This property provides for all living needs on one floor, with an undeveloped basement (with separate exterior entrance) that can be used for additional storage or for future development. The main floor offers two spacious bedrooms, including a primary bedroom with an ensuite bathroom and walk-in closet, a second sizeable bedroom, and a large 4pc main bath. The main level also features a large kitchen, a bright dining and living area (due to this property being an end unit), propane fireplace, and a laundry room. Crown moldings enhance the entrance, living, and kitchen areas, complemented by hardwood flooring throughout most of the main level, with tile in the kitchen and bathrooms. This home is located on a quiet cul-de-sac backing onto a greenbelt, with easy access to Mount Pearl's extensive trail system. It is close to shopping, parks, and provides easy highway access. Condo fees are $325 per month and condominium services including lawn maintenance in the summer and snow clearing in winter, most exterior maintenance, and building insurance. (id:56688)
Property Details
Listing ID: 28422425
Address: 37 Avery Place, Mount Pearl, Newfoundland & Labrador, Canada A1N0C3
Status: Active
Last updated: 7 days ago ( Jun 5, 2025 )
Year Built: 2011
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Other, Mixed Flooring
Living Area Total: 2,246 square feet
Price per sq ft: $161
Tax Annual Amount: $2,447
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 325
Number of photos available: 32
Rurl
Coordinates: [47.52034, -52.774587]
Rooms
| Basement | Storage | 1122sqft null |
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Foyer Living room Dining room Kitchen | 6.1x5.5 null 8.1x5.6 null 11.6x12.7 null 6.1x5.4 null 14x16.11 null 5.5x5.4 null 15.3x11.10 null 11.7x11 null 12.1x12.9 null |
Basic Calculator
First Mortgage: $287,920
Mortgage insurance premium: $0
Total Financing: $287,920
Rough closing fee (1.5%): ~ $5,399
Total downpayment with estimated closing fee: $77,379
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,471 | $29,652 |
| Gross rental income (income/principal ratio) | 0.687% | 8.239% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $450 | $5,400 |
| Vacancy | $124 | $1,483 |
| Management Fee | $198 | $2,373 |
| Expense / Income Ratio | 18.21% | 18.21% |
| Cash Flow | $1,700 | $20,400 |
| Net Operating Income (NOI) | $1,700 | $20,400 |
| Capitalization Rate | 0.47% | 5.67% |
