
MLS #1298492 · Gander
172 Elizabeth Drive
- Type
- Two-Apartment Home
- Agent
- Carla Kinden
- Brokerage
- Keller Williams Platinum Realty - Gander
MLS #1301857Listed August 17, 2026 · 25 days on market
Gander
$375,000
Welcome to 118 Morgan Drive—a well-cared-for, thoughtfully maintained home offering comfort, privacy and valuable income potential in a convenient location close to everyday amenities and within walking distance of Cobb’s Pond. The main residence features three bedrooms, one bathroom, a basement rec room and a dedicated laundry room, while the propane fireplace—though not currently connected—adds warmth and character to the living space. The property also includes a two-bedroom basement apartment with its own electrical service, currently rented, making it an appealing option for buyers looking to offset their mortgage. Step outside onto the oversized rear patio overlooking a mature, partially fenced backyard filled with established greenery that creates a peaceful and private setting. A 20' x 16' detached, wired garage provides excellent space for storage or projects. Additional updates include appliances less than five years old, a hot-water tank replaced in 2024 and shingles completed in 2016. This versatile property combines a desirable location, practical living space and rental income—all in one welcoming package. As per Seller Direction, offers will be conveyed on August 21, 2026 at 3pm and are to be left open until August 21, 2026 at 8pm. (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%.
$375,000
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$1,788
Cash To Close
$75,000
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Elementary Schools
Gander Elementary
PublicGander Academy
PublicLakewood Academy
PublicSecondary Schools
St. Paul's Intermediate School
PublicGander Collegiate
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.