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Investment signal

$275,000

58 Morgan Drive

Save this home

Beds

3

Baths

2

Sqft

Year

1980

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Gander. 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 charming duplex nestled in the heart of Gander! Featuring 3 bedrooms and 2 bathrooms, this well-cared-for home is perfectly situated on a quiet, family-friendly street just moments from a nearby elementary school—an ideal setting for growing families. Step inside to a warm and inviting space where beautiful hardwood flooring adds character and comfort to the main level. The bright, functional kitchen is equipped with new appliances, offering a modern touch while maintaining a practical layout for everyday living. With a spacious floor plan, there’s plenty of room for family life, entertaining, or simply relaxing at home. Patio doors lead to a custom-built deck—perfect for summer barbecues, morning coffee, or evening gatherings with friends and family. Downstairs, the walk-out basement opens to a beautiful backyard, creating an excellent space for outdoor enjoyment, playtime, or gardening. Adding even more convenience is a detached garage that provides valuable extra storage or workspace. Move-in ready and thoughtfully maintained, this lovely home offers comfort, functionality, and a peaceful location all in one. Don’t miss your chance to make this wonderful Gander property your own—book your private viewing today and see everything it has to offer! As per the Sellers Directive, there will be no conveyance of offers prior to 12noon March 15th - please leave all offers open until 5pm the same day. (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Living area
1,835 square feet
Lot dimensions
Under 0.5 Acres
Bedrooms
3 above grade, 0 below grade
Stories
1
On market
Mar 13, 2026
Status changed
Apr 20, 2026
Annual tax
$1,204
Zoning
RES
Photos
31
MLS#
1295018
Area
GANDER

Features and systems

Parking

Detached Garage

Appliances

WasherRefrigeratorStoveDryerMicrowave

Heating

Electric

Exterior

Vinyl siding

Flooring

HardwoodCarpetedOther

Foundation

Concrete
Positive cash flow ~$616/mo at these assumptions

Cash on cash

13.43%

Cap rate

7.55%

GRM

9.5

Break-even rent

$1,752

Financing

Down payment$55,000
Loan amount$220,000
Mortgage$1,115/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$126
Insurance$80
Maintenance$229
CapEx reserve$115
Vacancy loss$120

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 $1,115/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 20, 2026.

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