About the property (MLS: 1291141):
Exceptional opportunity to own a well-maintained mixed-use building in the heart of Mount Pearl, offering both commercial and residential functionality. This versatile property features professional office space and a residential unit on the main floor, along with additional finished office space in the basement unit—ideal for businesses seeking a turnkey setup with built-in rental or owner-occupier potential. Centrally located, the building is surrounded by key amenities, shopping centres, schools, and bus routes, making it an excellent investment in one of Newfoundland’s most vibrant cities. Whether you’re looking to expand your business, invest in income-generating real estate, or live and work from the same location, this property offers unmatched flexibility and value. Check out the photos for unit floor plans. Opportunity awaits! (id:56688)
Property Details
Listing ID: 28941724
Address: 4 Edinburgh Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N1E7
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Property Type: Retail
Structure Type: Commercial Mix
Ownership Type: Freehold
Heating: Electric
Flooring: Laminate, Other
Living Area Total: 2,358 square feet
Price per sq ft: $170
Tax Annual Amount: $3,594
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric
Flooring: Laminate, Other
Common Interest: Freehold
Business Type: Other
Building Features: Laundry Facility
Number of photos available: 24
Rurl
Coordinates: [47.517011, -52.807106]
Rooms
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,594 | $31,128 |
| Gross rental income (income/principal ratio) | 0.649% | 7.784% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $130 | $1,557 |
| Management Fee | $208 | $2,491 |
| Expense / Income Ratio | 19.28% | 19.28% |
| Cash Flow | $1,757 | $21,084 |
| Net Operating Income (NOI) | $1,757 | $21,084 |
| Capitalization Rate | 0.44% | 5.27% |


























