About the property (MLS: 1287159):
This single-family home is perfectly located in a desirable Mount Pearl neighborhood. Offering an open-concept main living area, this home is ideal for families and entertaining alike. The bright and spacious layout features three bedrooms on the main floor, a full bathroom, and a seamless flow between the living room, dining area, and kitchen. The fully developed basement is very versatile with a fourth bedroom, a second full bathroom, a cozy playroom or den, and a large family room currently being used as a fifth bedroom — perfect for guests, a home office, or additional living space. Outside, enjoy rear yard access leading to a detached garage, providing ample storage or workspace. Recent upgrades include new shingles in 2023, offering peace of mind for years to come. Don't miss the opportunity to own this move-in-ready home in a family-friendly area close to schools, parks, and all amenities. (id:56688)
Property Details
Listing ID: 28538687
Address: 18 Burrage Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1V1
Status: Active
Last updated: 10 days ago ( Jun 30, 2025 )
Year Built: 1970
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 2,688 square feet
Price per sq ft: $131
Tax Annual Amount: $2,304
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.518411, -52.80261]
Rooms
Basement | Recreation room Bath (# pieces 1-6) Playroom Bedroom | 11'5 x 28 null 4pc 12'6 x 19'10 null 9'10 x 12'7 null |
Main level | Laundry room Bedroom Bedroom Bedroom Bath (# pieces 1-6) Not known Living room | 12'9 x 8 null 8'8 x 12'9 null 9'9 x 11'1 null 12'9 x 10'8 null 4pc 18 x 13'4 null 13'2 x 18 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,957 | $35,484 |
Gross rental income (income/principal ratio) | 0.845% | 10.141% |
Mortgage | $0 | $0 |
Monthly Expenses | $438 | $5,256 |
Vacancy | $148 | $1,775 |
Management Fee | $237 | $2,839 |
Expense / Income Ratio | 14.81% | 14.81% |
Cash Flow | $2,135 | $25,620 |
Net Operating Income (NOI) | $2,135 | $25,620 |
Capitalization Rate | 0.61% | 7.32% |