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TelephoneEmail31 Tamara Place, Conception Bay South, Newfoundland & Labrador, Canada A1X0G2

31 Tamara Place

Conception Bay South, NL, A1X0G2

location

3 Beds | 2 Baths

$489,900

31 Tamara Place Conception Bay South Newfoundland & Labrador Canada A1X0G2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1284039):

To Be Built- Welcome to 31 Tamara Place, Upper Gullies, a beautifully maintained residence located in the heart of Conception Bay South. Situated at the end of a quiet cul-de-sac in a peaceful, family-friendly subdivision, this home offers the perfect blend of comfort, functionality, and convenience. The open-concept layout features three spacious bedrooms and two full bathrooms, including a well-appointed primary suite complete with a walk-in closet and a private three-piece ensuite. The large kitchen offers ample cabinetry and counter space, with room to add a custom island, making it ideal for both everyday living and entertaining. Natural light fills the bright living and dining area, creating a warm and inviting atmosphere throughout. A generous attached garage provides secure parking and additional storage options, while the private backyard offers plenty of space for outdoor enjoyment. With easy access to the highway and close proximity to schools, shopping centres, and recreational amenities, this property is perfectly suited for families, professionals, or anyone seeking a well-located. HST included in purchase price to be rebated to Vendor on close. 10 year Atlantic Home Warranty. (id:56688)

Property Details
MLS: 1284039
Listing ID: 28233438
Address: 31 Tamara Place, Conception Bay South, Newfoundland & Labrador, Canada A1X0G2
Status: Active
Last updated: 14 days ago ( Apr 30, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,130 square feet
Price per sq ft: $230
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
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
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.477556, -53.050644]

Rooms

Main level
Foyer
Bedroom
Bedroom
Ensuite
Primary Bedroom
Bath (# pieces 1-6)
Dining room
Kitchen
Living room
7x6 null
10.6x13 null
11x11 null
3pc
13x13 null
3pc
9.6x12.10 null
12.6x12.10 null
13x18 null

Basic Calculator



First Mortgage: $391,920

Mortgage insurance premium: $0

Total Financing: $391,920

Rough closing fee (1.5%): ~ $7,349

Total downpayment with estimated closing fee: $105,329

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,343$28,116
Gross rental income (income/principal ratio)0.478%5.739%
Mortgage$0$0
Monthly Expenses$613$7,356
Vacancy$118$1,406
Management Fee$188$2,250
Expense / Income Ratio26.16%26.16%
Cash Flow$1,426$17,112
Net Operating Income (NOI)$1,426$17,112
Capitalization Rate0.29%3.49%
Capitalization Rate: 3.49%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $699,858