501 Main Road
Goulds, NL, A1S1E2
4 Beds | 5 Baths
$499,900
About the property (MLS: 1293737):
Visit this beautiful fully developed home on a large corner oversized fenced lot 55x200 also offering a one bedroom Inlaw apartment with separate parking . Rent $1200 including utilities .The main floor of this home consists of an open concept design modern decor kitchen, dining, living room with propane fireplace and a bonus room to use as a family room, play area or office with half bath as well as laundry on the main floor . The upper level has a spacious master bedroom with a large ensuite and two other bedrooms and full family bath. This home has a front verandah and rear patio with overhang and an abundance off parking area. previously the bonus room was used as an in-home business purchaser will be responsible for required permits if using as a business. Upgrades have included a new roof in 2025 and new hot water heater. This Property is close to all amenities schools, Goulds arena, local shopping, and restaurants. Lots of mature trees and plants accentuate this lovely property. Large shed with wood stove on site . There is also possibility of subdividing for an additional lot subject to city rules, and regulations purchaser responsible for permits. There will be NO CONVEYANCE OF ANY WRITTEN SIGNED OFFERS prior to 4 pm on February 4rd,2026 ;wednesday . The seller further directs that all offers are to remain OPEN FOR ACCEPTANCE until 9 pm on February 4rd,2026; wednesday (id:56688)
Property Details
Listing ID: 29304964
Address: 501 Main Road, Goulds, Newfoundland & Labrador, Canada A1S1E2
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 2005
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 5
1/2 Baths: 2
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,550 square feet
Price per sq ft: $197
Tax Annual Amount: $3,300
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Propane
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.453917, -52.771606]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Bedroom | 3 pc 10x11 null 10x12 null 3pc 14x14 null |
| Main level | Laundry room Bath (# pieces 1-6) Living room Dining room Kitchen | 4x6 null 2pc 14x14 null 10x10 null 9x12 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,805 | $33,660 |
| Gross rental income (income/principal ratio) | 0.561% | 6.733% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $141 | $1,683 |
| Management Fee | $225 | $2,693 |
| Expense / Income Ratio | 22.28% | 22.28% |
| Cash Flow | $1,816 | $21,792 |
| Net Operating Income (NOI) | $1,816 | $21,792 |
| Capitalization Rate | 0.36% | 4.36% |
