About this propertyMLS® 1304676
Some homes simply make you want to stay awhile. With its green exterior, cheerful red shutters and welcoming front porch beneath a mature tree, 7 Macpherson Avenue has unmistakable charm. Picture a quiet morning coffee outside, autumn leaves at your feet, and the comfort of coming home to a place with personality. Inside, natural light pours through the generous living room window, warming beautiful hardwood floors and an inviting layout that brings living, dining and cooking together. A three-sided propane fireplace brings warmth and atmosphere to all three spaces, creating a lovely setting for quiet evenings, shared meals and conversations that linger. The kitchen pairs warm wood cabinetry with stainless steel appliances, ample drawers and a centre island with seating—an easy gathering place while supper comes together. The main-floor bedrooms carry the same restful feel, with soft colours and hardwood floors, while the bathroom adds a fresh, bright touch. Downstairs offers a finished bedroom, rec room area, bathroom with shower and laundry, with the remainder unfinished for storage, hobbies and future possibilities. Outside, the fenced backyard offers room to garden, play and enjoy summer evenings on the rear deck. Established landscaping adds to the sense of a home that has settled comfortably into its surroundings. Conveniently positioned near the Avalon Mall, shopping, restaurants and everyday services, the location also offers easy access to Memorial University and the Health Sciences Centre. Enjoy recreation at Wishingwell Park, walks along Kelly’s Brook Trail, or a change of pace among the gardens and paths of nearby Pippy Park and the Memorial University Botanical Garden. Warmth, character and city convenience—a home to fall for, and a place to make your own. See the interactive tour and picture yourself at home. Per Seller’s Direction, no conveyance of written signed offers before noon on October 28, 2026; offers must remain open until 5:00 PM that day. (id:56688)
Property details
Coordinates: [47.563282, -52.752099]
Rooms
| Basement | Laundry room Storage Other Recreation room Bedroom Bath (# pieces 1-6) | 11.8x24.10 null 14.4x16.10 null 7.7x12.9 null 18.10x9.11 null 10.10x11.4 null 5.9x7.8 null |
| Main level | Bedroom Bedroom Bath (# pieces 1-6) Primary Bedroom Foyer Kitchen Dining room Living room/Fireplace | 7.8x10.5 null 10.10x10.5 null 5.1x7.1 null 10.10x11.8 null 3.4x4.4 null 10.5x15 null 10.5x11.3 null 17.3x16.9 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 | $2,537 | $30,444 |
| Gross rental income (income/principal ratio) | 0.634% | 7.613% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $127 | $1,523 |
| Management Fee | $203 | $2,436 |
| Expense / Income Ratio | 19.71% | 19.71% |
| Cash Flow | $1,708 | $20,496 |
| Net Operating Income (NOI) | $1,708 | $20,496 |
| Capitalization Rate | 0.43% | 5.13% |
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