About this propertyMLS® 1304845
Backing onto a green belt with southern exposure, a brand new roof in October 2026, and a walkout basement with income potential. No neighbours behind you, sun in the backyard all day, and the biggest job already done. 12 Donovan Street is a 4 bedroom, 2 bath split entry with 2,360 sq ft of fully developed living space, on a quiet, tree lined street in a well established part of Mount Pearl. It comes furnished, so you can move in or rent it out right away. The main floor has hardwood floors, a bright living room with a fireplace, a dining room with garden doors to the deck, and a kitchen with granite countertops. There’s also the primary bedroom, a second bedroom and a full bath. The walkout basement has two bedrooms, a full bath, a family room, a rec room with a bar, and a large laundry room, so most of what a basement apartment needs is already there. It’s just as good for teenagers, guests, or a parent who wants their own space. Outside, the big backyard is fenced, with a deck looking out over the green belt. It’s private, quiet and full of sun, with mature trees all around. Close to schools, shopping, parks and everything Mount Pearl has to offer. Offers will be conveyed on Monday, November 2 at 4:00 p.m. as per the Seller’s direction. Offers to remain open until 9:00 p.m. (id:56688)
Property details
Coordinates: [47.521705, -52.815658]
Rooms
| Basement | Bath (# pieces 1-6) Laundry room Bedroom Bedroom Recreation room Family room | 4 pieces null 13.3X13 null 14.4X9 null 13.4X12.3 null 11.8X10 null 15.9X15 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Dining room Eat in kitchen Living room/Fireplace | 4 pieces null 14.7X9.1 null 14X12.1 null 12.5X12.3 null 12X11.1 null 17X16 null |
Basic Calculator
First Mortgage: $380,000
Mortgage insurance premium: $0
Total Financing: $380,000
Rough closing fee (1.5%): ~ $7,125
Total downpayment with estimated closing fee: $102,125
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,596 | $31,152 |
| Gross rental income (income/principal ratio) | 0.547% | 6.558% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $594 | $7,128 |
| Vacancy | $130 | $1,558 |
| Management Fee | $208 | $2,493 |
| Expense / Income Ratio | 22.88% | 22.88% |
| Cash Flow | $1,665 | $19,980 |
| Net Operating Income (NOI) | $1,665 | $19,980 |
| Capitalization Rate | 0.35% | 4.21% |
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