For sale · MLS® 1304854
1 Bartlett Place
Mount Pearl, NL, A1N2B1
List price
$289,000
About this propertyMLS® 1304854
Visit REALTOR® website for additional information. A well-located home offering plenty of space, privacy, and potential in an established Mount Pearl neighborhood. Situated on an oversized corner lot, the property features mature trees, excellent frontage, a paved driveway, and plenty of outdoor space. Its convenient location provides easy access to schools, shopping, recreation, public transit, and other everyday amenities. The home was occupied until recently and remains largely in its original condition. It offers a functional starting point for a buyer who would like to move in and complete improvements gradually, while also appealing to renovators and investors looking for a property with long-term potential. The existing layout provides plenty of opportunity to modernize and personalize the home. A walk-in tub was installed for the previous owner, adding a practical accessibility feature. There may also be potential for a two-apartment conversion, subject to zoning, parking requirements, permits, and municipal approval. Whether you are looking for an affordable home you can update over time, a renovation project, or an investment opportunity, 1 Bartlett Place offers multiple possibilities in a desirable Mount Pearl location. Purchasers are responsible for completing their own due diligence regarding any proposed renovations or future uses of the property. As per the Seller’s Directive, offers will not be presented before Sunday, November 1, 2026, at 5:00 p.m. Offers must remain open until 9:00 p.m. that evening. (id:56688)
Property details
Coordinates: [47.519103, -52.816539]
Rooms
| Basement | Bedroom Bedroom Bath (# pieces 1-6) Laundry room Recreation room | 11.9x12.10 null 7.8x12.1 null 6.3x3.3 null 7.3x9.4 null 23.9x10.10 null |
| Main level | Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) Living room Dining room Kitchen Foyer | 9.2x9.10 null 9.10x8.3 null 11.1x10.11 null 9.8x4.11 null 12.10x15.5 null 8.2x11 null 8.3 x 9.5 null 7.9x14 null |
Basic Calculator
First Mortgage: $231,200
Mortgage insurance premium: $0
Total Financing: $231,200
Rough closing fee (1.5%): ~ $4,335
Total downpayment with estimated closing fee: $62,135
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,623 | $31,476 |
| Gross rental income (income/principal ratio) | 0.908% | 10.891% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $362 | $4,344 |
| Vacancy | $132 | $1,574 |
| Management Fee | $210 | $2,519 |
| Expense / Income Ratio | 13.80% | 13.80% |
| Cash Flow | $1,921 | $23,052 |
| Net Operating Income (NOI) | $1,921 | $23,052 |
| Capitalization Rate | 0.66% | 7.98% |
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