For sale · MLS® 1304124
35 Morgan Drive
Gander, NL, A1V2H8
List price
$309,000
About this propertyMLS® 1304124
LOOKING FOR AN INVESTMENT PROPERTY? THIS ONE DESERVES A LOOK! Used as a rental property for most of its history and with tenants already in place, this three-bedroom bungalow could be a great addition to your investment portfolio. The main level offers three bedrooms, kitchen and living room, with patio doors providing easy access to the back patio. Downstairs provides plenty of additional usable space with a rec room, office area, laundry, bathroom with shower, and lots of storage. Whether you’re looking to expand your existing portfolio or purchase your first investment property, this property offers great potential with tenants already in place. A wonderful investment opportunity and definitely worth a look! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Recreation room | 11.6x22.10 |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room | 8.9x4.11 9.5x8.10 9.5x12.4 12.11x10 13.8x13.10 14.5x10.10 |
The essentials
Location, air, flood & taxes
Elevation
122 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$1,763 / year
≈ $147 / month · assessment year 2026
Climate
Jan -3° · Jul 22°
normal daily high · GANDER INT'L A station · 1991–2020
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Schools 1
Groceries 1
Parks 2
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
$147/mo
Principal & interest $0 + property tax $147 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-386
NOI / month
$-386
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $147 | $1,763 |
| Expenses | $240 | $2,880 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-386 | $-4,632 |
| NOI | $-386 | $-4,632 |
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
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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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