About the property (MLS: 1272864):
2 APARTMENT IN CBS!! This spacious, bright and sunny 2 unit home is awaiting its new owner!! The main floor offers an extra large eat-in kitchen with lots of cabinetry and center island, a large living room, 3 bedrooms and 2 full baths in total to include a primary bedroom with 3 piece ensuite! The main unit lower level has a large family room and laundry room. The basement apartment has an eat-in kitchen, living room, a large bedroom and a full 4pc bath with laundry closet. Some recent upgrades include; new fridge, new flooring in the main unit primary bedroom, bathroom, kitchen and laundry room and new flooring in the basement apartment bedroom and hallway, one new hot water boiler and a brand new air exchanger. Oversized patio deck, 17 x 11. Roof shingles are approximately 8 years old. New carpet will be installed on the main unit stairs prior to closing. (id:56688)
Property Details
Listing ID: 26978339
Address: 40 Chanterelle Drive, Conception Bay South, Newfoundland & Labrador, Canada A1W4E6
Status: Active
Last updated: a year ago ( Jun 3, 2024 )
Year Built: 1993
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,425 square feet
Price per sq ft: $139
Tax Annual Amount: $2,202
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.509415, -52.926417]
Rooms
| Lower level | Laundry room Bath (# pieces 1-6) Bath (# pieces 1-6) Not known Not known Not known Laundry room Family room | 5 x 3.5 feet 4PC feet 10 x 5 feet 13.25 x 10 feet 14 x 11.5 feet 13 x 10 feet 13.5 x 8.67 feet 17.5 x 9.58 feet |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Ensuite Ensuite Primary Bedroom Living room Not known | 4PC feet 8.5 x 5 feet 11 x 9.5 feet 14.17 x 8.5 feet 3PC feet 6.33 x 6 feet 11.83 x 12.42 feet 15.5 x 12.17 feet 18.5 x 12.5 feet |
Basic Calculator
First Mortgage: $267,920
Mortgage insurance premium: $0
Total Financing: $267,920
Rough closing fee (1.5%): ~ $5,024
Total downpayment with estimated closing fee: $72,004
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,668 | $32,016 |
| Gross rental income (income/principal ratio) | 0.797% | 9.560% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $419 | $5,028 |
| Vacancy | $134 | $1,601 |
| Management Fee | $214 | $2,562 |
| Expense / Income Ratio | 15.70% | 15.70% |
| Cash Flow | $1,903 | $22,836 |
| Net Operating Income (NOI) | $1,903 | $22,836 |
| Capitalization Rate | 0.57% | 6.82% |






















