About the property (MLS: 1286802):
Nestled on an extraordinary 0.69-acre lot, this rare property has been cherished by the same family for over 200 years — a truly unique offering in today's market. Steeped in history and brimming with potential, this hidden gem presents an unmatched opportunity to create something exceptional in one of Mount Pearl’s most desirable locations. Set back from the road on a lush, private parcel, the grounds feature rolling green lawns, mature trees, and an elevated vantage point offering panoramic views of the city. Despite its serene, estate-like feel, the property is just moments from St. John's, schools, shopping, and recreation — the perfect blend of peaceful seclusion and urban convenience. The spacious home offers 5 bedrooms, a large workshop, and ample storage throughout, providing an excellent foundation for a multi-generational residence, investment property, or expansive family home. Key modern upgrades include a brand-new (2025) electric furnace, hot water boiler, and mini-split system, ensuring energy-efficient comfort year-round, while the 2017 roof adds long-term peace of mind. The kitchen and main bathroom were tastefully renovated in 2010 with modern functionality in mind. Outdoors, an extra-long driveway accommodates up to 10 vehicles — including room for an RV — making it ideal for work vehicles, or potential of a detached garage. An existing 8’x10’ shed offers bonus storage, with room to expand — think custom garage, greenhouse, studio, or your own backyard retreat. Located on Mount Carson Avenue, this private oasis feels a world away from the city bustle, yet offers all the convenience of being close to everything. With endless potential this is more than just a property — it’s a legacy waiting for its next chapter. Offers to be submitted Thursday, July 3 @ 12:00pm (noon) and left open for acceptance until 5:00pm (id:56688)
Property Details
Listing ID: 28520145
Address: 25 Mount Carson Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N5H7
Status: Active
Last updated: 15 days ago ( Jun 25, 2025 )
Year Built: 1974
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 1
1/2 Baths: 0
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 2,392 square feet
Price per sq ft: $164
Tax Annual Amount: $3,087
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.527254, -52.806138]
Rooms
Basement | Bedroom Storage Workshop Bedroom Laundry room | 18'7""X14'4"" null 10'0""X12'0"" null 21'4""X12'11"" null 12'7""X13'5 null 11'3""X27'2"" null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room Porch | 8'7""X8'8"" 4pc 7'8""X11'5"" null 9'9""X11'5"" null 14'4""X11'9"" null 10'6""X14'0"" null 9'11""X14'0"" null 24'7""X13'9"" null 4'11""X5'0"" null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,632 | $31,584 |
Gross rental income (income/principal ratio) | 0.675% | 8.101% |
Mortgage | $0 | $0 |
Monthly Expenses | $488 | $5,856 |
Vacancy | $132 | $1,580 |
Management Fee | $211 | $2,527 |
Expense / Income Ratio | 18.54% | 18.54% |
Cash Flow | $1,802 | $21,624 |
Net Operating Income (NOI) | $1,802 | $21,624 |
Capitalization Rate | 0.46% | 5.55% |