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Investment signal

$379,900

186 Anchorage Road

Save this home

Beds

4

Baths

4 full + 1 half

Sqft

Year

2012

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Attention First-Time Homebuyers & Savvy Investors! Welcome to this well-maintained, income-generating property. Both the tenant-occupied main unit and the downstairs apartment are currently on month-to-month leases, and both tenants would love to stay if possible. This thoughtfully designed two-apartment home is ideally located on Anchorage Road in the highly desirable area of Conception Bay South. Set in a mature, tree-lined neighborhood, this property offers comfort, convenience, and long-term value. The main unit boasts a bright and spacious layout with 3 generous bedrooms, including a master suite with an ensuite bathroom. Enjoy year-round comfort with the mini-split system that keeps heating costs down. The basement offers a versatile rec room, a convenient 2-piece bath, and a separate laundry room, making it ideal for growing families or those in need of extra living space. The self-contained 1-bedroom basement apartment presents excellent rental income potential or could be perfect for extended family. Recent updates include new hot water heaters. Outside, you'll find a large, well-maintained lot with a paved driveway that can accommodate four vehicles. The fully fenced backyard provides privacy and features a storage shed for lawn furniture or gardening tools. Located within the highly regarded school zones of St. George’s, Frank Roberts, and Queen Elizabeth, this property is perfect for both families and investors looking for a solid opportunity. Don't miss out! Take a virtual tour with the Matterport, browse through the pictures, and check out the stunning drone shots. Book your private viewing today — you won't be disappointed! Please note: No signed offers will be considered before 4:00 p.m. on April 28th, 2026. All offers must remain open for acceptance until 9:00 p.m. on April 28th, 2026. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
Two Apartment House
Common interest
Freehold
Living area
2,405 square feet
Lot dimensions
5,597
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$2,728
Zoning
Residential
Photos
38
MLS#
1296499
Area
CONCEPTION_BAY_SOUTH

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Baseboard heatersElectricMini-Split

Exterior

Wood shinglesVinyl siding

Flooring

LaminateMarbleCarpetedOtherCeramic

Foundation

Poured 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 23, 2026.

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