About this propertyMLS® 1303475
Built in 2025, this bungalow duplex in Shearstown is a great opportunity to add a newer property to your investment portfolio. Each unit offers two bedrooms, one bathroom, its own laundry facilities and a storage shed. The bright, open concept living areas provide comfortable space for everyday living, while the covered front porch and metal roof add to the property’s appeal. Both units are currently rented for $1,200 per month each, plus utilities, for a combined rental income of $2,400 per month. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Foyer Primary Bedroom Bedroom Bath (# pieces 1-6) Eating area Kitchen Living room Foyer Primary Bedroom Bedroom Bath (# pieces 1-6) Eating area Kitchen Living room | 9.1x6.7 9.8x10.11 9.8x11 4pc 9.1x6.6 9.1x9.5 10x16 9.3x6.7 9.8x10.11 9.8x11 4pc 9.3x6.6 9.3x9.6 10x16 |
The essentials
Location, air, flood & taxes
Elevation
10 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$2,500 / year
≈ $208 / month · assessment year 2025
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 73 min to downtown St. John's89.8 km
- 72 min to Memorial University88.6 km
- 77 min to Avalon Mall95.4 km
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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
$209/mo
Principal & interest $0 + property tax $209 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-468
NOI / month
$-468
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $209 | $2,500 |
| Expenses | $260 | $3,120 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-468 | $-5,616 |
| NOI | $-468 | $-5,616 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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