112 Farrell Drive
Mount Pearl, NL, A1N3G1
2 Beds | 1 Bath
$199,900
About the property (MLS: 1291614):
Welcome to 112 Farrell Drive, a cozy and affordable attached townhouse located in a quiet, peaceful area of Mount Pearl. This well-maintained home features 2 bedrooms and 1 full bathroom, offering a practical layout that makes the most of every space. Downstairs you’ll find a bright living room and a compact, functional kitchen, creating a comfortable area for relaxing or entertaining. The fully fenced backyard includes a storage shed, perfect for outdoor storage or gardening needs. Recent upgrades include new shingles and siding replaced in 2023. With low monthly condo fees of just $40 a month, this home offers excellent value for anyone seeking low-maintenance living in a great location close to schools, parks, and all Mount Pearl amenities. A great opportunity with an affordable price that is cheaper than renting! Don’t miss your chance to make 112 Farrell Drive your new home! Property is being sold as is. As per Seller’s Directive there will be no presentation of offers prior to 12:00pm Monday October 20th and left open for consideration until 5:00pm the same day. (id:56688)
Property Details
Listing ID: 29001997
Address: 112 Farrell Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N3G1
Status: Active
Last updated: a month ago ( Oct 17, 2025 )
Year Built: 1976
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 800 square feet
Price per sq ft: $250
Tax Annual Amount: $1,712
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.52805, -52.799458]
Rooms
| Basement | Living room Kitchen | 14x17 null 14x11 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom | 8.5x4 null 10x7 null 11.8x10.3 null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $881 | $10,572 |
| Gross rental income (income/principal ratio) | 0.441% | 5.289% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $45 | $529 |
| Management Fee | $71 | $846 |
| Expense / Income Ratio | 28.38% | 28.38% |
| Cash Flow | $517 | $6,204 |
| Net Operating Income (NOI) | $517 | $6,204 |
| Capitalization Rate | 0.26% | 3.10% |
