For sale · MLS® 1304672
11 Valleyview Avenue
Mount Pearl, NL, A1N1L6
List price
$369,900
About this propertyMLS® 1304672
Welcome to 11 Valleyview Avenue! Nestled on a quiet street in the heart of Mount Pearl, this single family bungalow offers much more than meets the eye. Lovingly maintained with plenty of recent upgrades, and an in-law suite that could easily be converted back to a 2-apartment home, this one is sure to impress. The main floor features an open concept living and dining area with a beautifully updated kitchen, including new white cabinetry and stainless steel appliances (2024). The remainder of the main floor locates 3 well-appointed bedrooms, and main bathroom. Downstairs, what was once an apartment has been turned into an in-law suite with shared laundry, creating an ideal space for multi-generational living, or the versatility to revert back a self contained 2-apartment home with rental income potential. Other convenient upgrades include new shingles (2025), 200 Amp electrical panel (2025), new oil furnace (2023), hot water boiler (2023), new driveway (2023). Situated on a mature lot in an established neighbourhood near schools, shopping, and gorgeous walking trails, this property is move-in ready and waiting for you to call it home! As per attached Seller's Direction, there will be no conveyance of offers prior to 5pm on Thursday, October 29th, with offers to remain open until 10pm the same day. (id:56688)
Property details
Coordinates: [47.520797, -52.784718]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Foyer Laundry room | 8.5x6.0 null 12.0x9.5 null 17.5x13.0 null 14.5x9.0 null 16.0x5.5 null 20.0x16.0 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room/Dining room | 7.0x5.0 null 11.0x10.0 null 11.0x10.5 null 13.0x11.5 null 13.0x11.0 null 20.5x14.0 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,420 | $29,040 |
| Gross rental income (income/principal ratio) | 0.654% | 7.851% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $121 | $1,452 |
| Management Fee | $194 | $2,324 |
| Expense / Income Ratio | 19.13% | 19.13% |
| Cash Flow | $1,643 | $19,716 |
| Net Operating Income (NOI) | $1,643 | $19,716 |
| Capitalization Rate | 0.44% | 5.33% |
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