
MLS #1301857 · Gander
118 Morgan Drive
- Type
- Two-Apartment Home
- Agent
- Sharayah Eady
- Brokerage
- eXp Realty - Gander
MLS #1298492Listed June 5, 2026 · 98 days on market
Gander
$399,000
Welcome to this well-maintained, corner-lot bungalow in central Gander, Newfoundland, offering comfortable family living with a legal 3-bedroom basement apartment (created in 2023) that provides an excellent mortgage helper or potential rental income; both levels are approximately 1,100 sq ft each, with two self-contained units, each having a 200-amp panel, separate hot water tanks, electric heat, and heat pumps, and it features all-new windows and vinyl siding updated in 2025, a foundation updated with blue membrane and Apex plumbing, an oversized corner lot with a back area ideal for a herb/vegetable garden and additional outdoor living space plus a 12 x 16 shed for extra storage, all located in the center of town close to all amenities with easy access to Gander Academy, shopping, Dawn entertainment and recreational facilities, and near Gander International Airport for convenient travel, within a desirable Gander neighbourhood with great schools, services, and a growing sense of local pride, making this property turnkey for homeowners seeking a mortgage helper or investors seeking solid rental income in a coveted Gander location. (id:66441)
Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$399,000
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$1,902
Cash To Close
$79,800
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Elementary Schools
Gander Academy
PublicGander Elementary
PublicLakewood Academy
PublicSecondary Schools
Gander Collegiate
PublicSt. Paul's Intermediate School
PublicLakewood Academy
PublicStraight-line distance from this property. Proximity does not determine enrolment — confirm catchment areas with the Newfoundland and Labrador English School District. School list and grade levels from Statistics Canada's Open Database of Educational Facilities; some locations from OpenStreetMap contributors.
Straight-line distance from this property. Healthcare locations from Statistics Canada's Open Database of Healthcare Facilities; shops, pharmacies and filling stations from OpenStreetMap contributors.