47 Macmar Lane
Conception Bay South, NL, A1X0K5
2 Beds | 2 Baths
$449,000
About the property (MLS: 1284173):
If downsizing in style & comfort is your priority, look no further than 47 Macmar Lane. Located in the Villas at Riverdale, this home offers the very best of 50+ living without the added costs of condo fees, in sunny CBS! This bungalow features a modern, open concept design with the living room featuring plenty of natural light from the large windows, and a cozy built-in fireplace. The kitchen boasts a large centre island with plenty of space for added seating, stainless steel appliances, and ample cabinet and counter space. The dining area accesses the rear yard and custom, cedar ground level patio - the perfect place to enjoy summer evenings. The primary bedroom includes a full ensuite, and there's a second bedroom plus main bathroom all on the same floor. To maximize comfort, this home includes in floor hot water heating, heat pump, ICF insulated walls, energy efficient windows, and 9 ft ceilings. The addition of an 8000 watt generator means you'll never need to worry about power outages. Any storage requirements you have will be easily met with the attached garage along with the 12x8 composite shed in the fully fenced & landscaped backyard. With quick highway access via Peacekeeper's Way, and all the amenities of Kelligrews nearby, this home provides quiet country living with city comforts at your fingertips. (id:56688)
Property Details
Listing ID: 28248522
Address: 47 Macmar Lane, Conception Bay South, Newfoundland & Labrador, Canada A1X0K5
Status: Active
Last updated: 19 days ago ( May 2, 2025 )
Year Built: 2021
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Heat Pump
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Fencing: Fence
Living Area Total: 1,120 square feet
Price per sq ft: $401
Tax Annual Amount: $2,750
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Heat Pump
Flooring: Laminate, Ceramic Tile
Exterior Features: Stone, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 25
Rurl
Coordinates: [47.487629, -53.032073]
Rooms
| Main level | Not known Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Dining room Kitchen Living room/Fireplace Porch | 18x12 null 8x5 null 10x10 null 6x6.5 null 14x12 null 12x9 null 14x12 null 15x14.11 null 12x5.1 null |
Basic Calculator
First Mortgage: $359,200
Mortgage insurance premium: $0
Total Financing: $359,200
Rough closing fee (1.5%): ~ $6,735
Total downpayment with estimated closing fee: $96,535
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,232 | $14,784 |
| Gross rental income (income/principal ratio) | 0.274% | 3.293% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $562 | $6,744 |
| Vacancy | $62 | $740 |
| Management Fee | $99 | $1,183 |
| Expense / Income Ratio | 45.62% | 45.62% |
| Cash Flow | $510 | $6,120 |
| Net Operating Income (NOI) | $510 | $6,120 |
| Capitalization Rate | 0.11% | 1.36% |
