About the property (MLS: 1291954):
Welcome to 7 Topaz Place located in the mature subdivision of Pearlgate East. This property is located on an oversized cul da sac lot with access to the backyard and permanent greenbelt. The main floor has somewhat of an open concept living area , three bedrooms that include primary ensuite. Basement is fully developed with large rec room , 4th large bedroom , storage area plus a 3rd full bath. Mini splits on both levels have provided for some very owner friendly heat/light bills. All shopping is less then one km away that includes Walmart, dominion, Canadian tire and the list goes on. This property is open for viewings until 3pm Oct 28th with offers being accepted until 4pm that same day. (id:56688)
Property Details
Listing ID: 29028850
Address: 7 Topaz Place, Mount Pearl, Newfoundland & Labrador, Canada A1N4W9
Status: Active
Last updated: 20 days ago ( Oct 24, 2025 )
Year Built: 1993
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric, Propane, Mini-Split
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Fencing: Fence
Living Area Total: 2,600 square feet
Price per sq ft: $135
Tax Annual Amount: $2,615
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Propane, Mini-Split
Flooring: Hardwood, Laminate, Other
Fireplace Features: Insert, Propane
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.498062, -52.804308]
Rooms
| Basement | Mud room Storage Recreation room Bedroom Bath (# pieces 1-6) Laundry room | 11 x 8 null 12 x 29 null 11 x 19 null 8 x 9 null |
| Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Dining room Kitchen Living room/Fireplace Porch | 10 x 8 null 11 x 8 null 13.5 x 12.5 null 12 x 11 null 12 x 11 null 18 x 12 null 4 x 12 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,861 | $34,332 |
| Gross rental income (income/principal ratio) | 0.818% | 9.812% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $144 | $1,717 |
| Management Fee | $229 | $2,747 |
| Expense / Income Ratio | 15.31% | 15.31% |
| Cash Flow | $2,052 | $24,624 |
| Net Operating Income (NOI) | $2,052 | $24,624 |
| Capitalization Rate | 0.59% | 7.04% |































