About the property (MLS: 1291522):
Nestled in a highly desirable, mature neighborhood within walking distance to schools & shopping, & just minutes from the Confederation Building, St. John’s International Airport, Memorial University, parks, & scenic walking trails, this exceptional family home offers space, comfort, and timeless charm. Situated on an oversized, extra-deep fully landscaped lot, the property boasts a private rear garden—perfect for relaxing or entertaining. The inviting main floor features a cozy living room with a propane fireplace, an oversized dining room with direct access to the patio and garden, and a bright kitchen with classic white cabinetry and a large eat-in bay window overlooking the greenery. A main floor office, powder room, and comfortable den complete the main level. Upstairs, you’ll find four spacious bedrooms, each with its own private bath. As each bedroom has an ensuite bathroom, this property would also make an ideal investment opportunity as a staff home or Bed & Breakfast. The primary suite includes a walk-in closet and a private balcony off the ensuite, offering a tranquil retreat. The rear patio extends to a lovely deck house equipped with an additional powder room and laundry area, with an extra laundry hookup also available inside the home. The large undeveloped basement provides ample storage or potential for future development. A true character home, this property beautifully blends charm with functionality, featuring a large addition ideal for a growing family, bonus parking at the rear, and comfortable electric hot water heating. Note four exterior hard wired eave security cameras accessed through 4K Lorex control module are included. (id:56688)
Property Details
Listing ID: 29009595
Address: 148 Portugal Cove Road, St. John's, Newfoundland & Labrador, Canada A1B2N2
Status: Active
Last updated: 16 days ago ( Oct 28, 2025 )
Year Built: 1950
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 6
1/2 Baths: 2
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 3,192 square feet
Price per sq ft: $198
Tax Annual Amount: $2,858
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Hot water radiator heat, Electric
Flooring: Hardwood, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 39
Rurl
Coordinates: [47.587559, -52.716058]
Rooms
| Basement | Storage Storage Storage Storage | 19.0x11.1 null 8.1x10.4 null 10.11x12.0 null 18.6x11.5 null |
| Second level | Ensuite Bedroom Ensuite Bedroom Ensuite Bedroom Storage Ensuite Primary Bedroom | 4.11x5.4 3pc 9.11x13.3 null 4.9x5.3 3pc 9.10X13.3 null 9.3x7.2 4pc 12.4x12.8 null 6.0x5.7 WIC null 9.2x8.7 4pc 12.8x17.0 null |
| Main level | Laundry room Bath (# pieces 1-6) Office Family room Eating area Kitchen Dining room Living room Porch | 10.0x15.10 null 4.11x4.1 2pc 10.6x13.4 null 10.6x14.2 null 10.5x7.1 null 8.8x15.3 null 14.3x19.2 null 14.3x14.1 null 5.5x4.7 null |
Basic Calculator
First Mortgage: $503,920
Mortgage insurance premium: $0
Total Financing: $503,920
Rough closing fee (1.5%): ~ $9,449
Total downpayment with estimated closing fee: $135,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,512 | $42,144 |
| Gross rental income (income/principal ratio) | 0.558% | 6.691% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $788 | $9,456 |
| Vacancy | $176 | $2,108 |
| Management Fee | $281 | $3,372 |
| Expense / Income Ratio | 22.44% | 22.44% |
| Cash Flow | $2,268 | $27,216 |
| Net Operating Income (NOI) | $2,268 | $27,216 |
| Capitalization Rate | 0.36% | 4.32% |









































