1 Selkirk Drive
Mount Pearl, NL, A1N0H7
4 Beds | 3 Baths
$514,900
About the property (MLS: 1293791):
Located on a desirable corner lot, this well-maintained two-apartment home offers a garage and a fully fenced rear yard, providing both functionality and privacy. The main unit features a bright, open-concept living, dining, and kitchen area—ideal for everyday living and entertaining. Recent updates include all-new flooring throughout the main level and a renovated main bathroom completed last year. The primary bedroom is generously sized and includes a private ensuite for added comfort. The one-bedroom basement apartment is a fantastic mortgage helper, offering flexibility for extended family, tenants, or additional rental income. With separate living space and strong income potential, this property appeals to both owner-occupiers and investors. Conveniently located close to recreation facilities, shopping, schools, and other essential amenities, this home combines space, updates, and income potential in a highly accessible location. As per the seller's direction, there will be no conveyance of offers until Sunday Jan 18th, 2026 at 3pm, all offers must be submited by 4pm and all offers to remain open until 7:00pm on the same day (id:56688)
Property Details
Listing ID: 29254711
Address: 1 Selkirk Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N0H7
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 2016
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,033 square feet
Price per sq ft: $254
Tax Annual Amount: $3,090
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Heating: Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.530522, -52.813251]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known | 4pc 13.5x10.7 null 12.10x9 null 12.10x8.4 null |
| Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Kitchen | 3pc 4pc 11.3x8.10 null 12.7x8.10 null 14.1x12.2 null 12.6x10.11 null 18.8x14.7 null |
| Lower level | Laundry room | 10.8x11.7 null |
Basic Calculator
First Mortgage: $411,920
Mortgage insurance premium: $0
Total Financing: $411,920
Rough closing fee (1.5%): ~ $7,724
Total downpayment with estimated closing fee: $110,704
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,237 | $26,844 |
| Gross rental income (income/principal ratio) | 0.434% | 5.213% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $644 | $7,728 |
| Vacancy | $112 | $1,343 |
| Management Fee | $179 | $2,148 |
| Expense / Income Ratio | 28.79% | 28.79% |
| Cash Flow | $1,303 | $15,636 |
| Net Operating Income (NOI) | $1,303 | $15,636 |
| Capitalization Rate | 0.25% | 3.04% |
