6 Ruth Avenue
Mount Pearl, NL, A1N1X4
5 Beds | 2 Baths
$264,900
About the property (MLS: 1293595):
Mount Pearl single family home with in-law apartment in the basement. Tenants in place upstairs who would like to stay. Basement is vacant at time of listing but has been rented in the past. 3 bedrooms on main floor with 2 bedrooms downstairs. Very private rear yard with vehicle access, mature trees and fenced. Centrally located and within walking distance to Centennial Square, ST. David's Park, etc. Lot is zoned Commercial General and size to be confirmed with new survey. Being offered and sold AS-IS. (id:56688)
Property Details
MLS: 1293595
Listing ID: 29233148
Address: 6 Ruth Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1X4
Status: Active
Last updated: 16 days ago ( Jan 9, 2026 )
Year Built: 1955
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,016 square feet
Price per sq ft: $132
Tax Annual Amount: $2,070
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Forced air, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.520486, -52.808957]
Listing ID: 29233148
Address: 6 Ruth Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1X4
Status: Active
Last updated: 16 days ago ( Jan 9, 2026 )
Year Built: 1955
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,016 square feet
Price per sq ft: $132
Tax Annual Amount: $2,070
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Forced air, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.520486, -52.808957]
Rooms
| Basement | Not known Not known Living room Not known | 12-6 X 9-6 null 13-0 X 10-3 null 13-6 X 12-7 null 12-9 X 7-7 null |
| Main level | Bedroom Bedroom Primary Bedroom Living room Dining room Kitchen | 10-4 X 9-5 null 12-11 X 8-3 null 14-3 X 11-0 null 16-8 X 12-8 null 11-4 X 11-2 null 10-6 X 8-2 null |
Basic Calculator
First Mortgage: $211,920
Mortgage insurance premium: $0
Total Financing: $211,920
Rough closing fee (1.5%): ~ $3,974
Total downpayment with estimated closing fee: $56,954
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,218 | $26,616 |
| Gross rental income (income/principal ratio) | 0.837% | 10.048% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $332 | $3,984 |
| Vacancy | $111 | $1,331 |
| Management Fee | $178 | $2,130 |
| Expense / Income Ratio | 14.97% | 14.97% |
| Cash Flow | $1,598 | $19,176 |
| Net Operating Income (NOI) | $1,598 | $19,176 |
| Capitalization Rate | 0.60% | 7.24% |
Capitalization Rate: 7.24%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $378,429
