For sale · MLS® 1305209
144 Park Avenue
Mount Pearl, NL, A1N1K5
List price
$275,000
Offers to be left opened until 9pm, 12-MARCH-2026.
Deadline extracted automatically from the listing remarks — it may be missing, incomplete, or out of date. Always confirm offer terms with the listing brokerage.
About this propertyMLS® 1305209
As rare as it gets: A registered 2 apartment house on a 1/4 PLUS acre lot and a triple detached garage in the heart of Mt. Pearl for under $300,000. Rented to family for the last few years, this solid 3 + 1 BR bungalow has hardwood floors, a spacious Living room and kitchen with main floor laundry. Both units have ground level entry, separate meters, separate driveways and separate laundry facilities. Both units are now vacant and ready to occupy. Roof was shingled in 2023. New windows 15 years ago. According to the sellers direction, offers cannot be conveyed to owner before 4pm, 12-MARCH-2026. Offers to be left opened until 9pm, 12-MARCH-2026. (id:56688)
Specifications
Property details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Laundry room Bedroom Bedroom Primary Bedroom Porch Kitchen Dining nook Living room | 4 pce 4 x 8 · 32 sqft 10 x 7-6 11-2 x 7-6 10-8 x 11 4-7 x 4 12-6 x 12 9-3 x 8-7 11-4 x 17-8 |
| Basement | Bath (# pieces 1-6) Not known Not known Not known Storage | 4 pce 10 x 9-9 12 x 10-6 14-8 x 10-2 14 x 16 · 224 sqft |
The neighbourhood
Mount Pearl at a glance
Live market stats for Mount Pearl — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
59
Median list price
$427k
Price range
$66k – $3.8M
Typical build
1985
Average size
2,560 sqft
Where Mount Pearl listings are priced
Every active list price in Mount Pearl, grouped into bands.
List price, thousands of $ · 56 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 2 |
| 200–300 | 9 |
| 300–400 | 14 |
| 400–500 | 11 |
| 500–750 | 7 |
| 750–1M | 5 |
| 1M+ | 8 |
How Mount Pearl compares
Median list price against the next biggest markets — click a row for that area guide.
Neighbourhood scores
Walk, bike, and transit for this exact address.
The essentials
Location, air, flood & taxes
Flood (100-yr)
outside the mapped floodplain
Elevation
112 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · St. John's · updated 3:00 p.m.
Property tax
$2,206 / year
≈ $184 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1981–2010
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
22 places shown · 3 routes · OpenStreetMap · OSRM
- 12 min to downtown St. John's10.1 km
- 13 min to Memorial University12.7 km
- 19 min to Avalon Mall19.4 km
Schools 8
Health 3
Groceries 8
Cafés 1
Parks 2
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
$486/mo
Est. winter heating (electricity) — about $1,458 for January through March.
Estimate — not an appraisal. electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 2,240 sqft. Severity 1.00× St. John's from the ST JOHN'S 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: $106,729
Closing costs + five years of running costs + 60 mortgage payments on a $275,000 home.
If rates rise 2 points
$15,712 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$1,198
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$55,000
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$2,916
- Property taxfrom the feed$2,206
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $31,110
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $1,443 | $120,402 | needs mortgage insurance (not modelled) |
| 10% | $1,367 | $115,844 | needs mortgage insurance (not modelled) |
| 20% | $1,215 | $106,729 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-06), 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 rate2026-11-06 · 4.44%$1,215/mo
- Today, posted2026-11-04 · 6.19%$1,443/mo
- 5 years ago2021-11-03 · 4.79%$1,259/mo
- 10 years ago2016-11-02 · 4.64%$1,240/mo
At 6.19% — five years ago — the same mortgage would have cost $228 more each month than at today's posted rate.
Principal & interest only: $220,000 (80% of the $275,000 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 43 active
Priced at the 5th percentile of active Mount Pearl homes
$123/sqft — city median $193/sqft.
Errand score
walk-time weighted
40
grocery 380 m, school 810 m
Nearest errand: Needs Convenience - Park Avenue (grocery) — 380 m, about 5 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 · 4 questions
- School within 1 km?Yes · 810 mMary Queen of the World
- Grocery nearby?Yes · 380 mNeeds Convenience - Park Avenue
- Bus stop?No bus stop mapped within 800 m
- In the 100-year floodplain?No — outside itCity of St. John's flood map
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
$1,291/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
$184/mo
Principal & interest $0 + property tax $184 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-343
NOI / month
$-343
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $184 | $2,206 |
| Expenses | $160 | $1,920 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-343 | $-4,116 |
| NOI | $-343 | $-4,116 |
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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