For sale · MLS® 1299810
5 ALDER Avenue
KIPPENS, NL, A2N3N3
List price
$399,000
About this propertyMLS® 1299810
LOCATION! LOCATION! LOCATION! This four level split home is in the perfect sought after Family Neighborhood. It has 3 bedrooms and 1 bathroom upstairs then the kitchen, formal dining room and sunken living room is on the main level with a garden door leading out onto the back deck overlooking the big beautiful backyard with mature trees. There are apple trees, raspberry bushes and a strawberry patch in the back yard too. Then go down four steps to an office area, two more bedrooms and another large bathroom. Then on the fourth level you will be delighted to find a recreational room with a wood burning stove and two large closets for extra storage as well as the laundry room. There is a door leading out into a wood storage room with a walkout to the back yard, making it easy to bring in wood for the winter. There is a large 24 x 28’ detached garage and a shed on the property as well. Great for all your outdoor toys. At this location you can leave right from your back door because the quad and skidoo trail is right on the boarder of your back yard. How convenient is that!!! This home is only a few minutes walk to the dog park, playground, walking trail and to Kippens Rec Centre. There was some new baseboard heaters installed this year as well as a new shower in the semi-ensuite bathroom. There are other updates completed like all new light switches, electrical outlets and thermostats and a fresh coat of paint in 2026. There was a new septic tank installed in 2024 and a new back door installed in 2024. This home is a must see for any family, so call an agent today to arrange your personal tour. (id:56688)
Specifications
Property details
Room by room
Rooms
| Third level | Office Bath (# pieces 1-6) Bedroom Playroom | 8 x 8.6 3 piece 12 X 13.3 12 X 16 |
| Basement | Recreation room | 22 X 23 |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 PIECE 11 X 12 11 X 12 12 X 14 |
| Main level | Living room Dining room Dining nook Kitchen | 12.60 X 18 12 X 10 8.6 X 12 9.6 X 12 |
The essentials
Location, air, flood & taxes
Elevation
31 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$1,172 / year
≈ $98 / month · assessment year 2026
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$98/mo
Principal & interest $0 + property tax $98 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-498
NOI / month
$-498
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $98 | $1,172 |
| Expenses | $401 | $4,812 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-498 | $-5,976 |
| NOI | $-498 | $-5,976 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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