18 Terry Lane
St. John's, NL, A1H0N2
3 Beds | 3 Baths
$529,900
About the property (MLS: 1285253):
Welcome to 18 Terry Lane in Galway Living, where classic charm meets modern comfort in The Terra Nova, a signature design by award-winning New Victorian Homes. First introduced in River’s Edge, this thoughtfully crafted two-storey home has become a favourite across neighbourhoods. Designed to maximize space without compromising style, The Terra Nova delivers a smart layout and an attached garage. Step inside to an open-concept main floor, where natural light flows through the spacious living area and a modern kitchen with walk-in pantry anchors the heart of the home. A convenient half bath and garage access complete the level. Upstairs, the primary suite offers a peaceful retreat with a walk-in closet and custom tiled shower ensuite, while two additional bedrooms share a full bath. Built with efficiency and long-term value in mind: R-50 attic insulation & R-22 walls, Low-E Argon windows, 30-year warranty shingles & premium vinyl siding, Fully landscaped yard, pressure-treated rear deck, and paved driveway. The Terra Nova includes a 10-Year Atlantic Home Warranty, complimentary interior design consultation, and there’s still time to choose your paint colors, flooring, light fixtures, and more! Located in the sleek development of Galway Living enjoy quick access to shopping, schools, trails, GlenDenning Golf Course, and only minutes to downtown. Turnkey peace of mind meets timeless curb appeal. Don’t miss your opportunity to call this modern classic home. Any drawings are Artist Concepts; the actual home may vary from what is shown. Photos and virtual tours are from a previously built model and may include upgrades or features not present in this property. HST is included in the list price and will be rebated to the vendor on closing. Property taxes are estimated. (id:56688)
Property Details
Listing ID: 28341173
Address: 18 Terry Lane, St. John's, Newfoundland & Labrador, Canada A1H0N2
Status: Active
Last updated: 23 days ago ( May 21, 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, Other
Living Area Total: 2,365 square feet
Price per sq ft: $225
Tax Annual Amount: $4,822
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.503127, -52.832902]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom | 7'7"" x 5'0"" null 4 Piece null 3 Piece null 15'9"" x 12'0"" null 10'7"" x 11'5"" null 10'11"" x 13'0"" null |
| Main level | Not known Porch Bath (# pieces 1-6) Not known Kitchen Living room Dining room | 5'10"" x 4'6"" null 6'8"" x 4'6"" null 2 Piece null 13'0"" x 19'0"" null 9'8"" x 10'1"" null 12'3"" x 17'3"" null 9'8"" x 9'10"" null |
Basic Calculator
First Mortgage: $423,920
Mortgage insurance premium: $0
Total Financing: $423,920
Rough closing fee (1.5%): ~ $7,949
Total downpayment with estimated closing fee: $113,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,602 | $31,224 |
| Gross rental income (income/principal ratio) | 0.491% | 5.892% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $663 | $7,956 |
| Vacancy | $131 | $1,562 |
| Management Fee | $209 | $2,498 |
| Expense / Income Ratio | 25.48% | 25.48% |
| Cash Flow | $1,601 | $19,212 |
| Net Operating Income (NOI) | $1,601 | $19,212 |
| Capitalization Rate | 0.30% | 3.63% |
