For sale · MLS® 1304351
20 Jersey Avenue
Mount Pearl, NL, A1N1T9
List price
$349,900
About this propertyMLS® 1304351
Welcome to 20 Jersey Ave. beautifully combines family comfort, thoughtful upgrades, and excellent future potential. Situated in a highly desirable, family-friendly Mount Pearl neighborhood, this home is a fantastic opportunity for growing families or savvy buyers. The MAIN FLOOR stands out with a highly versatile and convenient layout, offering a MAIN FLOOR BEDROOM, full bathroom, and a dedicated laundry area. At the heart of the main level is a welcoming kitchen featuring granite countertops and beautiful, NEW high-end BOSCH appliances. The living area is centered around a cozy PROPANE FIREPLACE, making it a great space to unwind. You can also purchase with peace of mind knowing the home has been updated with brand-new windows in the fall of 2025 and a roof that is approximately 10 years old. Upstairs, the home continues to impress with four more bright, well-proportioned bedrooms and a second full bathroom, ensuring plenty of space for everyone. Outside, the property features a truly beautiful, fully fenced backyard—ideal for children, pets, or summer entertaining in a private setting. If you need more space, the unfinished basement represents an incredible opportunity; complete with its own separate outdoor access, it is perfectly suited to be developed into a spacious family rec room. With its excellent bones, quality upgrades, and stunning lot, 20 Jersey Avenue is a property you won’t want to miss. Sellers Directive: Offers to be presented Sunday 4-8pm (id:56688)
Property details
Coordinates: [47.517987, -52.801487]
Rooms
| Basement | Storage | 26.3 X 28.11 null |
| Second level | Bedroom Bedroom Bedroom Primary Bedroom | 14.0 X 9.9 null 10.3 X 10.4 null 15.3 X 9.11 null 10.5 X 17.6 null |
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Kitchen Dining room Living room Foyer | 11.9 X 12.11 null 4 PC null 13.7 X 10.2 null 11.1 X 9.8 null 11.1 X 7.9 null 11.9 X 15.7 null 4.3 X 5.5 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,023 | $36,276 |
| Gross rental income (income/principal ratio) | 0.864% | 10.368% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $152 | $1,814 |
| Management Fee | $242 | $2,903 |
| Expense / Income Ratio | 14.49% | 14.49% |
| Cash Flow | $2,193 | $26,316 |
| Net Operating Income (NOI) | $2,193 | $26,316 |
| Capitalization Rate | 0.63% | 7.52% |
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