




This 5-bedroom, 2-bathroom single family in St. John's offers 2,268 sqft of living area. Built in 1972. The property has lot dimensions of 57'x108'x57'x108' (0.142 acre). The home features hardwood and other flooring, heat pump, baseboard heaters, radiant heat, oil, mini-split heating.
Welcome to 131 Canada Drive, a fantastic two-apartment home in the heart of Cowan Heights—perfect for homeowners seeking mortgage support or investors looking for a solid income property. This property offers a spacious three-bedroom main unit and a fully self-contained two-bedroom basement apartment, each with separate entrances and laundry, providing excellent flexibility and rental potential. The basement apartment is currently vacant and move-in ready, giving you the opportunity to set your own rental rates or occupy one unit while generating income from the other. The main unit features a bright and inviting living room with propane fireplace, an updated eat-in kitchen with ample cabinetry and modern appliances, and a formal dining area with access to a sunny, south-facing rear deck. Three well-sized bedrooms and a full bathroom with double vanity complete the main floor, while the lower level includes a rec room, utility space, and additional storage. The self-contained apartment includes an updated kitchen, comfortable living area, two bedrooms, a modern bathroom, and its own laundry—ideal for tenants or extended family. Additional highlights include hardwood flooring in the main unit, a mini-split heat pump, hot water baseboard heating throughout both units, a fully fenced backyard, and a double-wide paved driveway. Conveniently located near schools, shopping, recreation, and on a bus route, this property offers both lifestyle and investment appeal. Whether you’re a first-time buyer looking to offset your mortgage or an investor seeking reliable rental income, 131 Canada Drive presents an outstanding opportunity. (id:60351)
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Listed by BRIAN KELSEY, RE/MAX Realty Specialists
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Listing represented by BRIAN KELSEY, RE/MAX Realty Specialists · MLS# 1295223
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.