53 Park Avenue
Mount Pearl, NL, A1N1L4
2 Beds | 1 Bath
$269,000
About the property (MLS: 1291643):
Completely renovated 2 Bedroom Home! Welcome to this beautifully updated open concept, 2 bedroom, 1 bath home, offering modern finishes and a warm, inviting atmosphere. Inside and out, everything is brand new; from the exterior siding, shingles & windows to the kitchen, flooring, bathroom, HRV unit and pre-wired for mini split. Perfect for first time home buyers, downsizers, or anyone seeking a move in ready, worry free home. Enjoy the convenience of being close to walking trails, shopping and all amenities while relaxing in a charming setting. Don't miss this cozy turn key gem. As per sellers direction there will be no conveyance of any written offers prior to 5:00 pm Friday, October 24th. Offers are to remain open until Friday 8:00 pm, October 24th. (id:56688)
Property Details
Listing ID: 29013193
Address: 53 Park Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1L4
Status: Active
Last updated: 24 days ago ( Oct 21, 2025 )
Year Built: 1951
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: Laminate
Living Area Total: 962 square feet
Price per sq ft: $280
Tax Annual Amount: $1,200
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Block
Heating: Baseboard heaters
Flooring: Laminate
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.519905, -52.781122]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room/Dining room Porch | 8x8 null 5x7 null 12x10 null 12x15 null 14x23 null 5x6 null |
Basic Calculator
First Mortgage: $215,200
Mortgage insurance premium: $0
Total Financing: $215,200
Rough closing fee (1.5%): ~ $4,035
Total downpayment with estimated closing fee: $57,835
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,059 | $12,708 |
| Gross rental income (income/principal ratio) | 0.394% | 4.724% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $337 | $4,044 |
| Vacancy | $53 | $636 |
| Management Fee | $85 | $1,017 |
| Expense / Income Ratio | 31.82% | 31.82% |
| Cash Flow | $585 | $7,020 |
| Net Operating Income (NOI) | $585 | $7,020 |
| Capitalization Rate | 0.22% | 2.61% |
