1263 Conception Bay South Highway
Conception Bay South, NL, A1X4G1
5 Beds | 4 Baths
$379,900
About the property (MLS: 1276096):
Welcome to this bright and spacious 2-unit home, perfectly situated on the main road in Conception Bay South. Designed for comfortable living, this home offers a fantastic layout for creating lasting memories. The centerpiece of the main unit is the expansive eat-in kitchen, featuring beautiful oak cabinetry with ample room for a large island and dining table. This space seamlessly flows into the adjoining family room, perfect for entertaining or enjoying quiet evenings with loved ones. From here, you can watch your children arrive home from one of the excellent schools in the area, including Upper Gullies Elementary, St. Edward’s School (French Immersion), Frank Roberts Junior High, and Queen Elizabeth High. Enjoy breathtaking views of icebergs and stunning sunsets from the family room, front step, or the nearby T’railway, just a short walk from your door. The master bedroom is a private retreat, complete with a newly updated 3-piece ensuite featuring a sleek glass shower and modern countertop. An additional full bathroom on the main level has also been refreshed with a new sink and updated countertop. Step outside to your east-facing backyard oasis, a spacious area ideal for children, pets, and outdoor gatherings. The yard offers plenty of room for a shed, fire pit, and more. Downstairs, the home features a cozy den with new flooring, a convenient laundry room with a half bath, and ample storage space under the stairs. The basement apartment is bright and inviting, with large windows that flood the space with natural light. The kitchen mirrors the main level with its stunning oak cabinetry, and the apartment includes two generously sized bedrooms, a full laundry room with shelving, and a spacious porch for coats and boots. This home is perfect for families seeking a comfortable, versatile living space with the added benefit of rental income from the downstairs apartment. (id:56688)
Property Details
Listing ID: 27280877
Address: 1263 Conception Bay South Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X4G1
Status: Active
Last updated: 3 days ago ( Sep 4, 2024 )
Year Built: 2006
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 2,506 square feet
Price per sq ft: $152
Tax Annual Amount: $2,585
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 47
Rurl
Coordinates: [47.476704, -53.056588]
Rooms
| Basement | Bath (# pieces 1-6) Bath (# pieces 1-6) Laundry room Bedroom Living room Recreation room Bedroom Porch Kitchen | B2 null B4 null 8.2x5.6 null 10.5x12 null 10.7x11.5 null 13x12.6 null 8.5x8.4 null 4.1x6.2 null 9x19 null |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Living room Bedroom Primary Bedroom Kitchen | B3 null B4 null 11.3x10.4 null 18.8x13 null 11.3x9.8 null 12.1x12.8 null 18.4x16.4 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,757 | $33,084 |
| Gross rental income (income/principal ratio) | 0.726% | 8.709% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $138 | $1,655 |
| Management Fee | $221 | $2,647 |
| Expense / Income Ratio | 17.23% | 17.23% |
| Cash Flow | $1,924 | $23,088 |
| Net Operating Income (NOI) | $1,924 | $23,088 |
| Capitalization Rate | 0.51% | 6.08% |
