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22 Everard Avenue
Beds
5
Baths
3
Sqft
2,012
Year
2023
Type
Single Family
On market
28d
Better Than New — Fully Developed Home with Income Potential in Southern Edge! Welcome to this exceptional 5-bedroom, 3-bathroom home in the sought-after Southern Edge subdivision — truly better than new. Built in 2023 and still protected under the Atlantic Home Warranty, this home offers the benefits of new construction without the wait or added costs, and includes all appliances — why spend more than you need? The bright, open-concept main living space is perfect for everyday living and entertaining. The primary suite features a 3-piece ensuite, walk-in closet, and convenient in-suite laundry, while two additional bedrooms and a full bathroom complete the main level. Downstairs offers direct access to the in-house garage, adding ease to daily life year-round. A standout feature is the fully self-contained above-ground in-law suite — ideal for extended family or rental income — complete with a bedroom, living room / second bedroom, full kitchen, full bathroom, and its own laundry. Located within walking distance to three excellent schools, and just minutes from shopping, dining, and medical services. Enjoy being less than 15 minutes to St. John’s and Mount Pearl, while staying close to the natural beauty of Petty Harbour and Maddox Cove, plus nearby trails and outdoor recreation. This is your opportunity to own a move-in ready, fully finished home with built-in value and income potential — no compromises required. Quick possession is available. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11'11"" x 14' | |
| Recreation room | 11'11"" x 17' | |
| Bath (# pieces 1-6) | 3pc | |
| Laundry room | 6'10"" x 7'4"" | |
| Eat in kitchen | 12' x 14'3"" |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 7'6"" x 5'8"" | |
| Ensuite | 3pc | |
| Bedroom | 8'4"" x 9'3"" | |
| Bedroom | 12' x 9' | |
| Primary Bedroom | 12' x 11'7"" | |
| Bath (# pieces 1-6) | 4pc | |
| Living room | 12'-6"" x 14' | |
| Dining room | 11'8"" x 7'1"" | |
| Kitchen | 11'8"" x 12' |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
3.22%
Cap rate
5.51%
GRM
12.2
Break-even rent
$3,026
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Goulds. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.