37 Spruce Avenue
Mount Pearl, NL, A1N1A5
3 Beds | 2 Baths
$349,900
About the property (MLS: 1293518):
Welcome to this stylish, newly built semi-detached bungalow located in the desirable Mount Pearl East area. Nearing completion, this modern home offers a smart and functional layout perfect for families, downsizers, or first-time buyers. The main level features an open-concept living room and kitchen, two comfortable bedrooms, and a full bathroom — all finished with contemporary touches. Step outside to enjoy the rear deck, ideal for entertaining or relaxing outdoors. The fully developed lower level offers even more space with a large family room, a third bedroom, an additional full bathroom, and a dedicated laundry area — perfect for guests, older children, or extended family living. This property comes landscaped with a paved driveway, and is conveniently located close to scenic walking trails, schools, shopping, and quick highway access. (id:56688)
Property Details
Listing ID: 29223471
Address: 37 Spruce Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1A5
Status: Active
Last updated: 18 days ago ( Jan 7, 2026 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,470 square feet
Price per sq ft: $239
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.518138, -52.787866]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Bedroom Family room | 11 x 15 null 4 pc 9.5 x 10.10 null 20 x 10.10 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Kitchen | 4 pc 8.2 x 12.9 null 11 x 10.6 null 16.3 x 7.5 null 16.3 x 7.5 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 | $1,618 | $19,416 |
| Gross rental income (income/principal ratio) | 0.462% | 5.549% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $81 | $971 |
| Management Fee | $130 | $1,554 |
| Expense / Income Ratio | 27.07% | 27.07% |
| Cash Flow | $970 | $11,640 |
| Net Operating Income (NOI) | $970 | $11,640 |
| Capitalization Rate | 0.28% | 3.33% |
