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TelephoneEmail40 Chanterelle Drive, Conception Bay South, Newfoundland & Labrador, Canada A1W4E6

40 Chanterelle Drive

Conception Bay South, NL, A1W4E6

location

4 Beds | 3 Baths

$334,900

40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
40 Chanterelle Drive Conception Bay South Newfoundland & Labrador Canada A1W4E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1272864
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

0000

Investment Calculator:

MonthlyYearly
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 Ratio15.70%15.70%
Cash Flow$1,903$22,836
Net Operating Income (NOI)$1,903$22,836
Capitalization Rate0.57%6.82%
Capitalization Rate: 6.82%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $478,429