35 Ivimey Place
Conception Bay South, NL, A1W4L7
3 Beds | 3 Baths
$499,900
About the property (MLS: 1276733):
Original Owner- First time offered for Sale. Welcome to 35 Ivimey Place where you will find this charming 1970’s back split home; nestled on an approximately 145’ frontage oversized lot with ocean views. Located on a quiet cul-d-sac, this property offers the perfect blend of privacy and convenience. Enjoy easy access from the backyard to the nearby Manuels River walking trails, schools, and all the shopping that downtown Conception Bay South has to offer. While the location and outside space is a rare find in today's market, the home itself offers three bedrooms and three full bathrooms including the main level primary suite and ensuite as well as a large country kitchen complete with sunroom. The walkout basement is completely developed with a den, laundry room and large rec-room, it also has a cleverly placed bathroom, neatly tucked under the stairs. The original owner has maintained the house, and it still preserves the 1970’s character and design elements but has the potential for modernization to become something spectacular. The property also features a detached garage, providing ample storage and indoor parking space for two vehicles. Embrace the serene lifestyle this property has to offer, with stunning natural surroundings and close proximity to all essential amenities. (id:56688)
Property Details
Listing ID: 27342684
Address: 35 Ivimey Place, Conception Bay South, Newfoundland & Labrador, Canada A1W4L7
Status: Active
Last updated: 9 days ago ( Aug 29, 2024 )
Year Built: 1973
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Ceramic Tile
Fencing: Partially fenced
Living Area Total: 2,674 square feet
Price per sq ft: $187
Tax Annual Amount: $3,251
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Central Vacuum, Cooktop
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Carpeted, Ceramic Tile
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 32
Rurl
Coordinates: [47.526339, -52.950387]
Rooms
| Basement | Recreation room Laundry room Bath (# pieces 1-6) Den | 26.3x22.5 null 12.11x11.7 null 3pc 15.4x13 null |
| Second level | Not known Bedroom Bath (# pieces 1-6) Bedroom | 12x6.7 null 13x12 null 9.5x8.3 (4pc) 13x12 null |
| Main level | Not known Kitchen Dining room Ensuite Primary Bedroom Living room | 12.1x10.6 null 12.8x10.6 null 13.4x10.8 null 13.4x9.5 (3pc) 13.5x11.10 null 19.3x13.4 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,942 | $35,304 |
| Gross rental income (income/principal ratio) | 0.589% | 7.062% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $148 | $1,766 |
| Management Fee | $236 | $2,825 |
| Expense / Income Ratio | 21.24% | 21.24% |
| Cash Flow | $1,935 | $23,220 |
| Net Operating Income (NOI) | $1,935 | $23,220 |
| Capitalization Rate | 0.39% | 4.64% |
