60 Lilac Crescent
St. John's, NL, A1H0M9
3 Beds | 3 Baths
$399,900
About the property (MLS: 1282396):
LAST TWO HOMES IN PHASE 3 OF RIVER'S EDGE ARE NOW AVAILABLE! CONSTRUCTION STARTING SOON, OCCUPANCY FALL, 2025! THIS IS A LARGE CORNER LOT. This affordable yet modern & energy-efficient home is 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. The beautiful open kitchen and dining space, separate from the cozy naturally lit living room, is a true customer favorite. This plan is ideal for first-time home buyers and individuals looking to downsize. Constructed by NEW VICTORIAN HOMES, this SEMI-DETACHED 2-STORY, modeled after our popular TOWNHOMES, 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. Note that the interior photos are of a previously built model and are for representative purposes only. Property taxes are estimated. Includes a 10 year Atlantic New Home Warranty with the first year covered by the builder. (id:56688)
Property Details
Listing ID: 28007183
Address: 60 Lilac Crescent, St. John's, Newfoundland & Labrador, Canada A1H0M9
Status: Active
Last updated: 12 days ago ( Mar 11, 2025 )
Year Built: 2025
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: 1,800 square feet
Price per sq ft: $223
Tax Annual Amount: $3,594
Tax Year: 2025
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: 44
Rurl
Coordinates: [47.498851, -52.815422]
Rooms
| Second level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 3PC null 4PC null 8'9""x10'0"" null 10'0""x11'10"" null 11'2""x11'2"" null |
| Main level | Dining nook Kitchen Living room Not known Porch | 10'6""x11'0"" null 8'6""x11'0"" null 12'x12'6"" null 7'2""x""x3'4"" null 6'2""x7'5"" null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,981 | $23,772 |
| Gross rental income (income/principal ratio) | 0.495% | 5.944% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $100 | $1,189 |
| Management Fee | $159 | $1,902 |
| Expense / Income Ratio | 25.24% | 25.24% |
| Cash Flow | $1,224 | $14,688 |
| Net Operating Income (NOI) | $1,224 | $14,688 |
| Capitalization Rate | 0.31% | 3.67% |
