88 Castors Drive
Mount Pearl, NL, A1N5K5
3 Beds | 3 Baths
$534,900
About the property (MLS: 1287027):
This charming grade-entry bungalow is a beautiful blend of comfort, style, and functionality, thoughtfully built to R2000 standards. The attached garage adds everyday convenience, while the overall design exudes modern ease. Inside, a welcoming atmosphere greets you with vaulted ceilings and a propane fireplace in the open living and dining areas, ideal for entertaining and filled with natural light. The main floor features a spacious primary suite with a walk-in closet, elegant shower, and a relaxing soaker tub—your personal retreat. A versatile den could serve as a second bedroom, perfect for guests, a nursery, or a home office. A dedicated main floor laundry room adds practicality without sacrificing aesthetics. With its southern exposure, sunlight floods the main living areas year-round. The fully developed walkout basement includes a large family room, two additional bedrooms, and a full bath—plenty of room for visitors or extended family. Outside, beautifully landscaped grounds feature mature trees and unique shrubs like the vibrant "Rose of Sharon". The tranquil Waterford River flows along the back, adding a peaceful natural touch. Altogether, this well-designed bungalow offers the perfect balance of modern convenience, natural beauty, and warm, livable space—an ideal place to call home. Per the Seller's Directive, there will not be any presentation of offers before 10 am, Wednesday July 2,2025 all offers to be left open until 1pm July 2nd. NOTE: The :Fridge, stove, dishwasher, washer, Dryer are included also the 60 inch TV in the family room. (id:56688)
Property Details
Listing ID: 28525519
Address: 88 Castors Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N5K5
Status: Active
Last updated: 15 days ago ( Jun 26, 2025 )
Year Built: 2005
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 2,800 square feet
Price per sq ft: $192
Tax Annual Amount: $3,134
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Alarm System
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Laminate, Other
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.523539, -52.811372]
Rooms
| Lower level | Storage Bath (# pieces 1-6) Bedroom Bedroom Family room | 13.9 x 21.9 null 3pc 10.5 x 14.5 null 13.5 x 13.5 null 24 x 13.5 null |
| Main level | Not known Laundry room Ensuite Primary Bedroom Den Not known Living room/Dining room Porch | 15 x 19.8 null 6 x 7.7 (bath) null 9.6 x 11 (4pc) 17.3 x 14.5 null 12.7 x 10.2 null 15.6 x 13.4 null 27. x 15.4 null 7.6 x 13.4 null |
Basic Calculator
First Mortgage: $427,920
Mortgage insurance premium: $0
Total Financing: $427,920
Rough closing fee (1.5%): ~ $8,024
Total downpayment with estimated closing fee: $115,004
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,081 | $36,972 |
| Gross rental income (income/principal ratio) | 0.576% | 6.912% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $669 | $8,028 |
| Vacancy | $155 | $1,849 |
| Management Fee | $247 | $2,958 |
| Expense / Income Ratio | 21.71% | 21.71% |
| Cash Flow | $2,012 | $24,144 |
| Net Operating Income (NOI) | $2,012 | $24,144 |
| Capitalization Rate | 0.38% | 4.51% |
