59 Great Southern Drive
St. John's, NL, A1H0M7
3 Beds | 3 Baths
$409,900
About the property (MLS: 1274917):
CONSTRUCTION HAS STARTED, OCCUPANCY FALL, 2024! Modeled after the popular 'Townhome' semi-detached plan, 'The Charlottetown' is an affordable yet modern & energy-efficient home located in highly sought after River’s Edge, Southlands, mere minutes to the Shoppes at Galway, Merchant Drive in Mount Pearl and the grand concourse trails of Southlands. Named after the town nestled along Clode Sound in Terra Nova National Park, this open-concept design is being constructed by NEW VICTORIAN HOMES and offers 3 bedrooms with 2.5 bathrooms including a 3pc ensuite and walk-in closet in the master and full front & rear landscaping plus a covered rear deck. Ideal for the first time buyer! Note that the front photo is a rendering and final finishes may differ. Interior photos are of a previously built semi-detached Townhome and may differ from final finishes. Property taxes are estimated. Price includes a 10 year Atlantic New Home Warranty with the first year covered by the builder. (id:56688)
Property Details
Listing ID: 27180075
Address: 59 Great Southern Drive, St. John's, Newfoundland & Labrador, Canada A1H0M7
Status: Active
Last updated: a month ago ( Jul 23, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Ceramic Tile
Living Area Total: 1,851 square feet
Price per sq ft: $222
Tax Annual Amount: $3,639
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, Carpeted, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.498595, -52.815887]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4PC null 9'10""x9'4"" null 8'8""x9'10"" null 3PC null 11'5""x11'4"" null |
| Main level | Bath (# pieces 1-6) Dining room Kitchen Living room Porch | 2PC null 10'3""x11'4"" null 8'7""x11'0"" null 12'4""x9'9"" null 6'1""x5'5"" null |
Basic Calculator
First Mortgage: $327,920
Mortgage insurance premium: $0
Total Financing: $327,920
Rough closing fee (1.5%): ~ $6,149
Total downpayment with estimated closing fee: $88,129
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,037 | $24,444 |
| Gross rental income (income/principal ratio) | 0.497% | 5.963% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $513 | $6,156 |
| Vacancy | $102 | $1,223 |
| Management Fee | $163 | $1,956 |
| Expense / Income Ratio | 25.18% | 25.18% |
| Cash Flow | $1,260 | $15,120 |
| Net Operating Income (NOI) | $1,260 | $15,120 |
| Capitalization Rate | 0.31% | 3.69% |
