About this propertyMLS® 1304318
Looking for a property that can help pay for itself? This could be the opportunity you've been waiting for! Welcome to 33 Atlantic Ave, an income-producing property offering two separate living spaces, numerous upgrades, and excellent potential for homeowners and investors alike. The main unit features two bedrooms, a spacious kitchen, and a comfortable living room, creating a welcoming space to call home. Downstairs, you'll find a large, city-certified one-bedroom basement apartment, providing an excellent opportunity to generate rental income or help offset your monthly mortgage payments. With many upgrades throughout, this property offers added value and plenty of potential. Outside, enjoy the privacy of the backyard, complete with a yard shed for additional storage. Whether you're looking to expand your investment portfolio or live in one unit while earning income from the other, 33 Atlantic Ave is an opportunity you won't want to miss! (id:56688)
Specifications
Property details
Room by room
Rooms
| Lower level | Bath (# pieces 1-6) Not known Not known Not known Utility room | 4 piece 9.4 x 8.4 21 x 12.6 16.6 x 9.4 11.1 x 9.7 |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Kitchen Living room/Dining room | 4 piece 11.5 x 9.6 15.5 x 9.6 13.2 x 13.2 20.4 x 11.4 |
The essentials
Location, air, flood & taxes
Elevation
128 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$3,699 / year
≈ $308 / month · assessment year 2026
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
Nearby & drive routes
8 places shown · OpenStreetMap · OSRM
Schools 2
Groceries 2
Cafés 2
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
$309/mo
Principal & interest $0 + property tax $309 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-437
NOI / month
$-437
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $309 | $3,699 |
| Expenses | $129 | $1,548 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-437 | $-5,244 |
| NOI | $-437 | $-5,244 |
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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