For sale · MLS® 1304082
15 Grey Place
Mount Pearl, NL, A1N3T7
List price
$399,900
About this propertyMLS® 1304082
No Sellers Direction! Welcome to 15 Grey Place, tucked away on a quiet cul-de-sac in the highly sought-after Powers Pond subdivision of Mount Pearl. Offering over 3,000 sq. ft. of living space, 4 bedrooms, and 2.5 bathrooms, this spacious home delivers the room your family needs today, with the flexibility to grow into tomorrow. The generous layout provides plenty of space for everyday family life, entertaining, and relaxing, while the huge primary ensuite adds an extra touch of comfort to your private retreat. The basement is where the possibilities really open up. With a rough-in already in place for a full bathroom and independent entrance and exit, there is excellent potential to create additional living space, a future in-law suite, or even an apartment, subject to the necessary approvals. And then there’s the location. Enjoy the convenience of being within walking distance of Mount Pearl Senior High and Mount Pearl Intermediate, with Powers Pond Park and nearby walking trails just minutes away. When it’s time to shop, the Mount Pearl shopping centres are only 5 minutes from home. If you’ve been looking for a spacious family home in an established neighbourhood, with a great location and plenty of future potential, 15 Grey Place deserves to be on your list. Book your private viewing today! NO SELLERS DIRECTION! (id:56688)
Property details
Coordinates: [47.521266, -52.825285]
Rooms
| Basement | Bedroom | 9 x 9 null |
| Second level | Ensuite Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom | 3PC null 4PC null 15 x 11.5 null 11.5 x 10 null 11.6 x 10 null |
| Main level | Kitchen Bath (# pieces 1-6) Dining room Living room Family room Foyer | 12.6 x 11.4 null 2PC null 12.4 x 10 null 20.10 x 11 null 13 x 11.3 null 12 x 5.8 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,378 | $40,536 |
| Gross rental income (income/principal ratio) | 0.845% | 10.137% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $169 | $2,027 |
| Management Fee | $271 | $3,243 |
| Expense / Income Ratio | 14.80% | 14.80% |
| Cash Flow | $2,439 | $29,268 |
| Net Operating Income (NOI) | $2,439 | $29,268 |
| Capitalization Rate | 0.61% | 7.32% |
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