About the property (MLS: 1284713):
Ocean Views, Income Potential & Coastal Living — Welcome to 57 Chaytors Road! Nestled in the heart of Chamberlains and just a stone’s throw from the scenic railbed trail along Conception Bay, this well-maintained 2-apartment split-entry home offers the perfect blend of comfort, convenience, and investment opportunity. The main unit features a bright and spacious living room where you can soak in beautiful ocean views right from your front window, complete with a cozy electric fireplace and the comfort of a mini split heat pump for year-round efficiency. The adjoining dining room opens to the backyard patio through garden doors—ideal for summer barbecues or morning coffee in the sun. With three bedrooms, a large laundry/utility room, and a generously sized family room equipped with a wet bar and mini fridge, this home was designed for both relaxation and entertaining. Downstairs, the ground-level registered apartment offers its own private entrance, a second mini split, and a smart layout for privacy and comfort—making it an excellent mortgage helper or in-law suite. Outside, you'll find backyard access, a detached 14 x 24 garage, and a baby barn—perfect for storage, hobby space, or the weekend tinkerer. The yard is spacious, accessible, and ready for whatever your lifestyle needs. All of this in a prime location that’s just minutes to the water, walking trails, and all the amenities of CBS. Whether you're a savvy investor, first-time buyer, or someone seeking multi-generational living, 57 Chaytors Road is a rare find. The Seller(s) directs that the listing Brokerage, there will be no conveyance of any written offers signed prior to 5:00 pm on Tuesday the 13th of May 2025 and all offers to be left open until 9:00 pm on Tuesday the 13th of May, 2025. See Sellers directive in documents. (id:56688)
Property Details
Listing ID: 28273150
Address: 57 Chaytors Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4G2
Status: Active
Last updated: 9 days ago ( May 12, 2025 )
Year Built: 1988
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
View: Ocean view
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Heat Pump, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,100 square feet
Price per sq ft: $191
Tax Annual Amount: $2,003
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Stove, Wet Bar
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Heat Pump, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 46
Rurl
Coordinates: [47.53334, -52.948335]
Rooms
Basement | Bath (# pieces 1-6) Not known Not known Not known Family room Family room | 8 x 6 null 11 x 12 null 10 x 11 null 10 x 12 null 11 x 12 null 20 x 14 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 10 x 6 null 9 x 10 null 9 x 10 null 11 x 12 null 12 x 13 null 11 x 12 null 14 x 14 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 | $2,310 | $27,720 |
Gross rental income (income/principal ratio) | 0.578% | 6.932% |
Mortgage | $0 | $0 |
Monthly Expenses | $500 | $6,000 |
Vacancy | $116 | $1,386 |
Management Fee | $185 | $2,218 |
Expense / Income Ratio | 21.65% | 21.65% |
Cash Flow | $1,510 | $18,120 |
Net Operating Income (NOI) | $1,510 | $18,120 |
Capitalization Rate | 0.38% | 4.53% |