For sale · MLS® 1305212
17 Morgan Drive
Gander, NL, A1V2M9
List price
$359,000
About this propertyMLS® 1305212
Welcome to 17 Morgan Drive, a home with flexible living space and a two-bedroom basement apartment in Gander. The main home features a welcoming living room with a large window and a fireplace with a masonry surround. The kitchen offers warm wood cabinetry, plenty of storage and a raised breakfast bar, while the adjoining dining area has patio doors leading to the rear deck. There’s also additional lower-level space that could be used for recreation, exercise or storage. The two-bedroom basement apartment offers a separate living space with its own kitchen, living room, bathroom and separate paved driveway. The property also has two separate electrical meters and a shared laundry room. Included in the sale are two washers, two dryers, two refrigerators, two stoves, one microwave and one dishwasher. Outside, you’ll find a backyard with mature trees, a rear deck and a detached garage-style outbuilding for additional storage. A great opportunity for buyers looking for a home with extra space and the flexibility of a basement apartment. (id:56688)
Specifications
Property details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Room by room
Rooms
View rooms as table
| Basement | Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen Laundry room Recreation room | 5.2 x 4.11 · 21 sqft 10.5 x 9.3 · 98 sqft 15.1 x 10.11 · 153 sqft 11.11 x 15.8 · 176 sqft 15.3 x 8.2 · 125 sqft 5 x 11.1 · 56 sqft 14.7 x 13.4 · 197 sqft |
| Main level | Bedroom Bath (# pieces 1-6) Bedroom Bedroom Kitchen Living room | 8.5 x 8.11 · 69 sqft 7.7 x 4.4 · 34 sqft 10.9 x 8.11 · 88 sqft 10.3 x 11.11 · 114 sqft 10.5 x 19.1 · 201 sqft 13.4 x 17.8 · 239 sqft |
The neighbourhood
Gander at a glance
Live market stats for Gander — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
49
Median list price
$419k
Price range
$108k – $7.3M
Typical build
1998
Average size
2,132 sqft
Where Gander listings are priced
Every active list price in Gander, grouped into bands.
List price, thousands of $ · 46 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 7 |
| 200–300 | 6 |
| 300–400 | 9 |
| 400–500 | 9 |
| 500–750 | 10 |
| 750–1M | 1 |
| 1M+ | 4 |
How Gander compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
120 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · Grand Falls - Windsor · updated 6:00 p.m.
Flood & zoning are mapped for St. John's only
Property tax
$2,155 / year
≈ $180 / month
Climate
Jan -3° · Jul 22°
normal daily high · GANDER INT'L A station · 1981–2010
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
8 places shown · OpenStreetMap · OSRM
Schools 2
Groceries 1
Parks 5
Cost & context
What this home really costs
Winter heat, five years of ownership, how this price sits against the market, and what the map says is within walking distance — every figure captioned with its assumptions.
Winter warmer
Jan–Mar · estimate
$423/mo
Est. winter heating (electricity) — about $1,268 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 1,792 sqft. Severity 1.09× St. John's from the GANDER INT'L A station 1981–2010 normal. Jan–Mar only; excludes HST, hot water, cooking and any cooling.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $127,184
Closing costs + five years of running costs + 60 mortgage payments on a $359,000 home.
If rates rise 2 points
$20,511 more over five years if the rate is 6.44% instead of 4.44% — P&I only.
Once, at closing
- Land transfer (registration) fee$100 + $0.40 per $100 over $500, capped at $5,000$1,534
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$71,800
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$2,536
- Property taxfrom the feed$2,155
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $28,955
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,884 | $145,033 | needs mortgage insurance (not modelled) |
| 10% | $1,785 | $139,084 | needs mortgage insurance (not modelled) |
| 20% | $1,587 | $127,184 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-07), 25-year amortization, P&I only. Land transfer fee: Registry of Deeds schedule ($100 + $0.40/$100 over $500, cap $5,000). Legal $1,500 and insurance $1,100/yr (NL range $700–$1,500) are estimates. Heating is 2× the Jan–Mar winter estimate. 5-year all-in = closing costs + 5 years of running costs + 60 mortgage payments; it excludes CMHC insurance (needed below 20% down), utilities other than heat, and maintenance.
Rate time machine
same house · same down payment
Same house, same down payment — your payment today at 4.44%best market rate · posted was 6.19%
- Today, best market rate2026-11-07 · 4.44%$1,587/mo
- Today, posted2026-11-04 · 6.19%$1,884/mo
- 5 years ago2021-11-03 · 4.79%$1,644/mo
- 10 years ago2016-11-02 · 4.64%$1,619/mo
At 6.19% — five years ago — the same mortgage would have cost $297 more each month than at today's posted rate.
Principal & interest only: $287,200 (80% of the $359,000 asking price — 20% down), 25-year amortization. No taxes, insurance, fees, or mortgage insurance. Today's rate is the Bank of Canada conventional 5-year rate observed 2026-11-04. The 5- and 10-year rows are two documented observations of that same series (2021-11-03 = 4.79%, 2016-11-02 = 4.64%, retrieved 2026-11-01 from bankofcanada.ca/valet) — fixed reference points, not a modelled path between them. Estimate — not an offer of credit; your lender's rate will differ.
Price ghosts
$/sqft vs 40 active
Priced at the 48th percentile of active Gander homes
$200/sqft — city median $212/sqft.
Errand score
walk-time weighted
25
grocery 1.1 km, school 350 m
Nearest errand: Gander Elementary (school) — 350 m, about 4 min on foot.
Walk-time-weighted from OpenStreetMap + ODEF school data; straight-line distance at 4.8 km/h. Weights: grocery 1.0, school 0.9, health 0.8, park 0.4, café 0.35, bus 0.3 — nearest place per category only. Half-value every 6 minutes of walking; nothing scores past a 15-minute walk. 100 = every category at the door. This is a mapping of what's drawn on the map, not a survey of what exists.
Ask this listing
open data · 3 questions
- School within 1 km?Yes · 350 mGander Elementary
- Grocery nearby?Yes · 1.1 kmNeeds Convenience
- Bus stop?No bus stop mapped within 800 m
From OpenStreetMap + ODEF schools (straight-line distance) and the City of St. John's flood & zoning maps. Flood and zoning are mapped for St. John's only; elsewhere those questions don't appear because we don't know the answer.
Monthly carrying cost
$1,625/mo
Plan ahead
Calculators
Estimate payments and returns before you make an offer — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$180/mo
Principal & interest $0 + property tax $180 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-448
NOI / month
$-448
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $180 | $2,155 |
| Expenses | $269 | $3,228 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-448 | $-5,376 |
| NOI | $-448 | $-5,376 |
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
A real person, every time
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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