15 Lawn Point Avenue
Mount Pearl, NL, A1N4Z4
5 Beds | 4 Baths
$495,000
About the property (MLS: 1276059):
This beautiful 2-apartment split entry home is getting ready to start construction. The main level of this brand new modern home offers a beautiful stair case, a spacious open concept kitchen, dining and living room design with large windows that fill the space with natural light. The master bedroom has a walk in closet and spacious ensuite, two other large bedrooms and a 3pc main bathroom on the main level. The basement level for the main unit will consist of a rec room, a half bath and separate laundry room. The spacious two bedroom apartment has an incredible kitchen with lots of cabinet space that flows into the open concept dining and living room area. We have a large 3pc bathroom, laundry room and a huge bedroom with a walk in closet. 10x12 back patio. Act fast and take advantage of the generous allowances and pic your own finishes. 7 year LUX Home Warranty. HST rebate back to the vendor. (id:56688)
Property Details
Listing ID: 27288851
Address: 15 Lawn Point Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N4Z4
Status: Active
Last updated: a month ago ( Aug 14, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,460 square feet
Price per sq ft: $202
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.532727, -52.814893]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Bath (# pieces 1-6) Family room | 5.6x8.4 null 9.6x8.4 null 11.2x12 null 12.6x10.7 null 12.6x11.7 null 5.6x5.6 null 5.6x5.6 null 11.10x18.2 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room Dining room Kitchen | 5.6x5.8 null 9x9.8 null 12.8x10 null 5.6x8 null 12.8x12 null 12.8x12.6 null 12.4x9 null 14.2x10 null |
Basic Calculator
First Mortgage: $396,000
Mortgage insurance premium: $0
Total Financing: $396,000
Rough closing fee (1.5%): ~ $7,425
Total downpayment with estimated closing fee: $106,425
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,706 | $32,472 |
| Gross rental income (income/principal ratio) | 0.547% | 6.560% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $619 | $7,428 |
| Vacancy | $136 | $1,624 |
| Management Fee | $217 | $2,598 |
| Expense / Income Ratio | 22.88% | 22.88% |
| Cash Flow | $1,736 | $20,832 |
| Net Operating Income (NOI) | $1,736 | $20,832 |
| Capitalization Rate | 0.35% | 4.21% |
