66 Glendale Avenue
Mt. Pearl, NL, A1N1N3
5 Beds | 2 Baths
$350,000
About the property (MLS: 1287162):
A well-maintained registered two-apartment home located on a quiet, corner lot in a well settled and developed area Mount Pearl, featuring side-yard access, perfect for a future garage. The spacious main floor offers a bright 20’ eat-in kitchen, a large living room with laminate floors, three family-sized bedrooms, and a larger-than-average full bathroom. The registered two-bedroom basement apartment has its own entrance, separate driveway, and electrical meter—ideal as a mortgage helper or in-law suite. Recent upgrades include a mini split and heat exchanger (2022), furnace and shingles (2017), new fridge (2023), washer and dryer (2022), and vinyl siding (2012). A solid investment with income potential in a very desirable location close to schools, extensive walking trails, parks, and amenities. No conveyance of offers prior to 3:00pm on Friday, July 4th, 2025 as per sellers directive. (id:56688)
Property Details
Listing ID: 28542853
Address: 66 Glendale Avenue, Mt. Pearl, Newfoundland & Labrador, Canada A1N1N3
Status: Active
Last updated: 14 days ago ( Jul 2, 2025 )
Year Built: 1972
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Oil
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,000 square feet
Price per sq ft: $175
Tax Annual Amount: $2,057
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Oil
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.520988, -52.815934]
Rooms
| Basement | Not known Not known Not known Not known | 9 x 9 null 13 x 9 null 10-3 x 10 null 11-6 x 11 null |
| Main level | Porch Bedroom Bedroom Primary Bedroom Kitchen Living room | 6 x 5 null 11 x 8-4 null 10 x 10 null 11-6 x 11 null 20 x 10 null 15 x 14-4 null |
Basic Calculator
First Mortgage: $280,000
Mortgage insurance premium: $0
Total Financing: $280,000
Rough closing fee (1.5%): ~ $5,250
Total downpayment with estimated closing fee: $75,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,200 | $26,400 |
| Gross rental income (income/principal ratio) | 0.629% | 7.543% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $110 | $1,320 |
| Management Fee | $176 | $2,112 |
| Expense / Income Ratio | 19.91% | 19.91% |
| Cash Flow | $1,476 | $17,712 |
| Net Operating Income (NOI) | $1,476 | $17,712 |
| Capitalization Rate | 0.42% | 5.06% |
