New Listing 25 Castors Drive Mount Pearl

February 14, 2008 · Filed Under New MLS Listings 

25 Castors DriveJust listed 25 Castors Drive. This two bedroom 2-apt home in Mount Pearl situated on a corner lot. Asking price is $199,900. 1085 square feet (per floor) bungalow. Lot size is 98X120X78X61. Features include oak eat in kitchen, dining room/living room combo. Rec room in basement for main unit. Main floor is rented for $750 (pou) and basement apartment for $550 (pou) Perfect as an investment property in Mount Pearl or for living in one unit and having the second unit help with the mortgage payments. Call Fraser & Stephen Winters for more information. Check out the virtual tour.

Comments

2 Responses to “New Listing 25 Castors Drive Mount Pearl”

  1. Seminar John on February 21st, 2008 6:36 am

    I don’t know the rental market down there. What would this rent for? Is is approaching rental parity for the cost of ownership?

  2. Stephen Winters on February 21st, 2008 9:13 am

    The rental market right now is very good. High demand for houses have increased prices and a slowly pushing first time buyers out of the market.
    This results in a lower vacancy rate. Have a look at this posting regarding St. John’s Vacancy Rates.

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