39 Donovan Street
Mount Pearl, NL, A1N2C7
4 Beds | 2 Baths
$289,900
About the property (MLS: 1286250):
Welcome to 39 Donovan Street — a well-maintained and spacious property offering both comfortable family living and excellent income potential. Located on a large, park-side lot in a quiet Mount Pearl neighborhood, this home features a 3-bedroom main unit plus a fully self-contained 1-bedroom basement apartment. Ideal for homeowners looking to offset their mortgage or for investors seeking a turnkey rental property, each unit has separate parking, ensuring privacy and convenience for both households. The main unit boasts a bright and functional layout with three bedrooms, a spacious living area, and a cozy kitchen — perfect for families. The 1-bedroom apartment has its own private entrance, separate driveway, and is a great option for tenants or extended family. As per the sellers directive, no offers will be conveyed to the vendor prior to Sunday, June 15th at 6pm, Offers to be left open until 9PM June 15th. (id:56688)
Property Details
Listing ID: 28457593
Address: 39 Donovan Street, Mount Pearl, Newfoundland & Labrador, Canada A1N2C7
Status: Active
Last updated: 25 days ago ( Jun 15, 2025 )
Year Built: 1977
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 2,240 square feet
Price per sq ft: $130
Tax Annual Amount: $2,138
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 35
Rurl
Coordinates: [47.520985, -52.818131]
Rooms
| Basement | Not known Not known Not known Recreation room | x0 null x0 null x0 null 12.8x17.6 null |
| Main level | Bedroom Bedroom Bedroom Living room Dining room Kitchen | 8.4x11.5 null 11.6x12.6 null 9x11 null 13.5x14 null 7.1x12.6 null 9x11.5 null |
Basic Calculator
First Mortgage: $231,920
Mortgage insurance premium: $0
Total Financing: $231,920
Rough closing fee (1.5%): ~ $4,349
Total downpayment with estimated closing fee: $62,329
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,464 | $29,568 |
| Gross rental income (income/principal ratio) | 0.850% | 10.199% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $363 | $4,356 |
| Vacancy | $124 | $1,479 |
| Management Fee | $198 | $2,366 |
| Expense / Income Ratio | 14.73% | 14.73% |
| Cash Flow | $1,781 | $21,372 |
| Net Operating Income (NOI) | $1,781 | $21,372 |
| Capitalization Rate | 0.61% | 7.37% |
