About the property (MLS: 1294136):
Located in prime Cowan Heights near the Team Gushue Highway, this well-maintained 2,300 sq. ft. two-apartment home perfectly blends comfort with rental potential. The main floor boasts elegant hardwood stairs, crown moldings, and a spacious oak kitchen. The living and dining areas are accented by French pocket doors, offering a flexible, open feel, while the basement features a cozy rec room with a propane stove. The gently sloping lot ensures the two-bedroom rear apartment is bright and feels ""above-ground,"" complete with its own meter, laundry, and covered entrance. Outside, enjoy a fully fenced yard with a 13 × 16 patio and a storage shed. With new vinyl windows and a desirable West End location, this is an ideal ""mortgage helper"" or investment property. As per Seller's direction, there will be no conveyance of offers until 3:00 pm on Monday, Feb 2, 2026 with responses to all offers by 6:00 pm the same day. (id:56688)
Property Details
Listing ID: 29300830
Address: 29 Bellevue Crescent, St. John's, Newfoundland & Labrador, Canada A1E5T5
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1990
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,300 square feet
Price per sq ft: $170
Tax Annual Amount: $2,532
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.534459, -52.773787]
Rooms
| Basement | Not known Not known Not known Not known Not known Recreation room | 10.4 x 8.7 null 8.7 x 9.2 null 11.4 x 10 null 12.10 x 10.8 null 9 x 7 null 10.10 x 8.10 null |
| Main level | Bedroom Bedroom Primary Bedroom Living room Dining room Kitchen | 10 x 8.5 null 13.2 x 9.3 null 11.5 x 11 null 15.3 x 10.5 null 11 x 8.8 null 13 x 11 null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,530 | $30,360 |
| Gross rental income (income/principal ratio) | 0.649% | 7.787% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $488 | $5,856 |
| Vacancy | $127 | $1,518 |
| Management Fee | $203 | $2,429 |
| Expense / Income Ratio | 19.29% | 19.29% |
| Cash Flow | $1,714 | $20,568 |
| Net Operating Income (NOI) | $1,714 | $20,568 |
| Capitalization Rate | 0.44% | 5.28% |
































