About the property (MLS: 1268699):
WELCOME TO OUR LATEST CONDO DEVELOPMENT IN SOUTHLANDS! This end unit is located on the second floor and has an estimated completion date of late July/early August so there's STILL TIME TO SELECT YOUR INTERIOR FINISHES! "The Cedars," built by award-winning New Victorian Homes, is modeled after the successful completion of the 6-plex condo at 11 Cedar Hill Place. WE CURRENTLY HAVE A MODEL UNIT AVAILABLE FOR VIEWING AT 11E CEDAR HILL PLACE. Located in River's Edge, Southlands, this unit features 2 bedrooms and 2 bathrooms including an ENSUITE, 9' CEILINGS, INDIVIDUAL BASEMENT STORAGE, AND PRIVATE PATIO, with a beautiful contemporary design. All units back on to OPEN SPACE for added privacy. These condos are perfect for young professionals, first-time home buyers, investors, or down-sizers. Explore the beautiful Grand Concourse trails of Southlands and enjoy quick access to shopping at Merchant Drive and The Shoppes at Galway. Only 10 minutes to downtown via Pitts Memorial Drive and 15 minutes to the east end via the Outer Ring Road. And for the golfers out there, Glendenning is only 2 minutes away. Price includes a 10 YEAR Atlantic Home Warranty, and 5'x12' pressure-treated deck. Any drawings and virtual photos are Artist Concept, actual condo may not be exactly as shown and may have extras not included in this property. HST included in list price to be rebated to vendor on closing when purchased as a primary residence. Property taxes are estimated. (id:56688)
Property Details
Listing ID: 26633641
Address: 33D Cedar Hill Place, St. John's, Newfoundland & Labrador, Canada A1H0P4
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2024
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 1,223 square feet
Price per sq ft: $254
Tax Annual Amount: $2,820
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 141
Number of photos available: 35
Rurl
Coordinates: [47.497435, -52.815192]
Rooms
| Basement | Storage | 8'9""x5'9"" feet |
| Main level | Ensuite Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room Dining room Kitchen | 21'x10"" feet 2PC feet 4PC feet 12'0""x10'2"" feet 9'0""x10'0"" feet 11'8""x12'8"" feet 9'4""x10'1"" feet 11'8""x10'1"" feet |
Basic Calculator
First Mortgage: $247,920
Mortgage insurance premium: $0
Total Financing: $247,920
Rough closing fee (1.5%): ~ $4,649
Total downpayment with estimated closing fee: $66,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,346 | $16,152 |
| Gross rental income (income/principal ratio) | 0.434% | 5.212% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $388 | $4,656 |
| Vacancy | $68 | $808 |
| Management Fee | $108 | $1,293 |
| Expense / Income Ratio | 28.83% | 28.83% |
| Cash Flow | $784 | $9,408 |
| Net Operating Income (NOI) | $784 | $9,408 |
| Capitalization Rate | 0.25% | 3.04% |





































