28 Frobisher Avenue
Mount Pearl, NL, A1N4W2
4 Beds | 2 Baths
$415,000
About the property (MLS: 1294121):
“ACCEPTED OFFER IN PLACE” Welcome to 28 Frobisher Avenue Mount Pearl. This well maintained 2 apartment home is situated on a corner lot with 2 driveways and has a detached garage. Great for a first time home buyer or investor looking. The main floor features a open concept kitchen and living area with hardwood floors and stairs, updated kitchen with propane stove, beautiful bathroom with double vanity and corner jacuzzi. There are also 2 nice sized bedrooms. The lower level has a rec-room or potential 3rd bedroom and your laundry area under the stairs. The 2 bedroom apartment has cozy living space, kitchen area with stackable laundry and a 4pc bathroom. There is also a separate driveway making it an easy to rent apartment in a great location close to all major amenities. (id:56688)
Property Details
Listing ID: 29311457
Address: 28 Frobisher Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N4W2
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1993
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 1,914 square feet
Price per sq ft: $217
Tax Annual Amount: $2,444
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Range - Gas, Dishwasher, Dryer
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.530161, -52.811212]
Rooms
| Basement | Not known Not known Recreation room Bath (# pieces 1-6) Not known Not known | 10x 12 null 11 x 12.3 null 11 x 12 null 4pc 8.6 x 10 null 7.6 x 11 null |
| Main level | Living room Primary Bedroom Bath (# pieces 1-6) Bedroom Kitchen | 14.6 x 15 null 11 x 12 null 5pc 9 x 10.6 null 11.6 x 15 null |
Basic Calculator
First Mortgage: $332,000
Mortgage insurance premium: $0
Total Financing: $332,000
Rough closing fee (1.5%): ~ $6,225
Total downpayment with estimated closing fee: $89,225
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,106 | $25,272 |
| Gross rental income (income/principal ratio) | 0.507% | 6.090% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $519 | $6,228 |
| Vacancy | $106 | $1,264 |
| Management Fee | $169 | $2,022 |
| Expense / Income Ratio | 24.64% | 24.64% |
| Cash Flow | $1,314 | $15,768 |
| Net Operating Income (NOI) | $1,314 | $15,768 |
| Capitalization Rate | 0.32% | 3.80% |
