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Investment signal

$379,900

15 Donovan Street

Save this home

Beds

4

Baths

3 full + 1 half

Sqft

Year

1972

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mount Pearl. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to this well-maintained two-apartment, multi-level home in the heart of Mount Pearl—an ideal opportunity for both first-time buyers and savvy investors. The main unit offers a spacious and thoughtfully designed multi-level layout. The main floor features a bright and inviting living area, along with three well-sized bedrooms, a full 4pc bathroom, and a convenient 2-piece ensuite off the primary bedroom. Just a few steps up, you’ll find the kitchen and dining area, creating a functional and slightly separated space that’s perfect for everyday living and entertaining. The lower level adds even more versatility with a cozy family room and dedicated laundry area, giving the main unit plenty of room to spread out. The basement apartment includes a nice size kitchen and open concept dining/ living area, 1 bedroom and a 4pc bath, making it ideal for rental income or extended family. There is also a large storage room/ laundry area. Both units offer separate entrances, and their own driveways, ensuring privacy and independence. Recent upgrades over the years include PEX plumbing, updated flooring, modern lighting, fresh paint, & cosmetic updates throughout. With approximately 2,600 sq/ft of living space, this property delivers great value in a highly desirable location. Situated in Mount Pearl, you’re just minutes from schools, shopping, walking trails, recreation, and all major amenities. Whether you’re looking to offset your mortgage or expand your investment portfolio, this is a smart and versatile opportunity. Come check it out today ! As per Sellers directions: There will be no conveyance of offers prior to 7:00 p.m on Monday April 27th, 2026 and all offers must remain open for acceptance until 9:30 p.m on Monday April 27th, 2026 (id:65958)

Subtype
Single Family
Structure
Two Apartment House
Common interest
Freehold
Living area
2,610 square feet
Lot dimensions
63 x 104
Bedrooms
3 above grade, 1 below grade
On market
Apr 23, 2026
Status changed
Apr 26, 2026
Annual tax
$2,287 (2026)
Zoning
Res.
Photos
29
MLS#
1296521
Area
MOUNT_PEARL

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectric

Exterior

Vinyl siding

Flooring

LaminateMixed Flooring

Foundation

Concrete
Positive cash flow ~$486/mo at these assumptions

Cash on cash

7.68%

Cap rate

6.40%

GRM

10.9

Break-even rent

$2,388

Financing

Down payment$75,980
Loan amount$303,920
Mortgage$1,540/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$174
Insurance$80
Maintenance$317
CapEx reserve$158
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,540/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.

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