
MLS #1300715 · Sr. John's
12 Pinsent Place
- Type
- Two-Apartment Home
- Agent
- Melissa Sheppard
- Brokerage
1 / 37Property Details
Looking for a home with income potential? Whether you're a first-time buyer looking to offset your mortgage or an investor seeking a solid rental property, 348 Main Road in Shearstown deserves a closer look. Situated on a spacious ¾-acre lot backing onto the scenic Shearstown River, this 2-apartment home offers the perfect blend of affordability, space, and opportunity. The partially landscaped lot, paved driveway, full town services, and peaceful riverfront setting create an ideal place to call home. The main unit features three bedrooms, one bathroom, an updated kitchen with appliances included, spacious living and dining areas, convenient laundry, and the comfort and efficiency of a mini-split heat pump. Downstairs, the self-contained two-bedroom apartment offers an excellent opportunity to generate rental income and help subsidize your mortgage. Complete with its own entrance, eat-in kitchen, living room, bathroom, laundry, and appliances included, it's ready for tenants or extended family. Extensively renovated in 2019, this property is ideal for first-time buyers looking for a mortgage helper, investors seeking a strong addition to their portfolio, or families wanting flexible living arrangements. Properties offering this much value, income potential, and outdoor space are becoming increasingly difficult to find. Don't miss your opportunity to own this versatile property in the growing community of Shearstown. (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%.
$349,900
Amortization
Estimated Monthly Cost
$2,820
Cash To Close
$17,495
Under 20% down requires CMHC default insurance, added to your loan. Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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