About the property (MLS: 1282491):
This home isn’t just a place; it’s an experience. Sip your morning coffee as you watch the waves crash or soaki up the sunsets that light up the sky. If you’ve been dreaming of the perfect oceanfront retreat, this is it! Imagine waking up every day to a view that never stays the same – the water constantly shifting, bringing an endless parade of excitement and beauty right to your doorstep. From sailboats to massive ships, from thrilling jet skis to peaceful whale watching, dolphins, and even icebergs – your backyard is a never-ending spectacle of nature’s wonders. The serenity of this location will leave you feeling refreshed every day. Now, let’s talk about the home itself – it has everything you need and more! With an attached garage, 4 spacious bedrooms, 2 bathrooms, plus an ensuite, it offers plenty of room for your family. The walk-in closet will keep everything organized, and the chef’s kitchen with gorgeous granite countertops is ideal for entertaining. The open-concept living area flows effortlessly into the dining space, so you can host friends and family while enjoying that breathtaking view. And the cherry on top? The walkout basement is a year-round haven. Relax in the hot tub, mesmerized by the changing ocean, no matter the weather – a snowstorm or rain, it’s the perfect spot to unwind. The large rec room and ample storage space offer endless possibilities to make this space truly yours. Need more room? This property can easily be transformed into a 2-apartment home or serve as an Airbnb, providing a perfect getaway for guests. Whether you need extra space for growing kids or room for parents, this home accommodates everyone. Don’t miss out on this once-in-a-lifetime opportunity to own a slice of heaven. Step outside, walk the scenic trail, listen to the waves crashing on the rocks, and breathe in the fresh ocean air. This is more than just a home – it’s a lifestyle waiting for you to embrace. Offers to be submitted by 5 pm on March 17, 2025 (id:56688)
Property Details
Listing ID: 28026282
Address: 7 Waterside Place, Conception Bay South, Newfoundland & Labrador, Canada A1X0A5
Status: Active
Last updated: a month ago ( Mar 16, 2025 )
Year Built: 2011
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: Ocean view, View
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted, Ceramic Tile
Living Area Total: 2,058 square feet
Price per sq ft: $277
Tax Annual Amount: $2,870
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Carpeted, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.49357, -53.03764]
Rooms
Basement | Not known Other Bath (# pieces 1-6) Recreation room Recreation room Bedroom | 18'10"" x 17'6"" null 12'2"" x 10'8"" null 9'2 x 9' null 19'9"" x 11'4"" null 15'8"" x 12'4"" null 14'8"" x 12'3"" null |
Main level | Bedroom Bedroom Primary Bedroom Ensuite Bath (# pieces 1-6) Kitchen Dining room Living room Porch | 10'4"" x 8'4"" null 9'10"" x 8'10"" null 12'2"" x 12'8"" null 7'11"" x 5'4"" null 8'8"" x 5'4"" null 16'11"" x 9'5"" null 12'10"" x 8'6"" null 18'7"" x 11'11"" null 18' 2"" x 17' 5"" null |
Basic Calculator
First Mortgage: $455,920
Mortgage insurance premium: $0
Total Financing: $455,920
Rough closing fee (1.5%): ~ $8,549
Total downpayment with estimated closing fee: $122,529
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,264 | $27,168 |
Gross rental income (income/principal ratio) | 0.397% | 4.767% |
Mortgage | $0 | $0 |
Monthly Expenses | $713 | $8,556 |
Vacancy | $114 | $1,359 |
Management Fee | $182 | $2,174 |
Expense / Income Ratio | 31.49% | 31.49% |
Cash Flow | $1,257 | $15,084 |
Net Operating Income (NOI) | $1,257 | $15,084 |
Capitalization Rate | 0.22% | 2.65% |