5 Minerals Road
Conception Bay South, NL, A1W5A3
3 Beds | 3 Baths
$499,900
About the property (MLS: 1285626):
Welcome to a beautifully maintained home nestled in a quiet neighborhood of Conception Bay South. This three-bedroom, three-bathroom house offers 2,179 square feet of living space, combining function and flexibility with thoughtful design. Step inside to discover a modern kitchen that opens into bright, comfortable living and dining areas—perfect for everyday life or hosting a crowd. The primary bedroom includes a private ensuite, while the main floor laundry adds extra convenience. Downstairs, the basement boasts two spacious rec rooms, a home office, and a bonus room that could easily be your fourth bedroom, hobby space, or workout zone—your call! Outdoors, the property sits on a huge private lot with full drive-in access to the rear yard. A large patio surrounds the above-ground pool and outdoor BBQ area—ideal for entertaining friends and family. Need more space for your tools or weekend projects? There’s a detached double garage with a built-in workshop, plus a bonus shed for storage. Located just moments from the Conception Bay South Bypass Road, daily commutes and errands are made simple. You're also close to the CBS swimming pool, several grocery stores, and a short drive to all the shopping at Galway. Families will appreciate nearby schools, playgrounds, and nature lovers will enjoy the tranquility the area provides. This home checks all the boxes for comfort, space, and accessibility. It’s more than a move; it’s an upgrade. No conveyance of any written signed offers prior to 4:00 pm on June 2, 2025, the Sellers directs that all offers remain open until 9:00 pm on June 2, 2005. (id:56688)
Property Details
Listing ID: 28384708
Address: 5 Minerals Road, Conception Bay South, Newfoundland & Labrador, Canada A1W5A3
Status: Active
Last updated: 14 days ago ( May 29, 2025 )
Year Built: 1966
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,179 square feet
Price per sq ft: $230
Tax Annual Amount: $2,383
Tax Year: 2024
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.505704, -52.971508]
Rooms
| Basement | Other Office Recreation room Recreation room Den | 9.8x8.9 null 8.10x11.8 null 9.7x19.8 null 18.4x12.7 null 9.3x8.9 null |
| Main level | Laundry room Primary Bedroom Bedroom Bedroom Eating area Kitchen Living room | 7.2x5 null 11x10.5 null 8.7x10.4 null 10.5x10.4 null 12.3x7.7 null 8.8x11.2 null 14.5x16.4 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,397 | $28,764 |
| Gross rental income (income/principal ratio) | 0.479% | 5.754% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $120 | $1,439 |
| Management Fee | $192 | $2,302 |
| Expense / Income Ratio | 26.07% | 26.07% |
| Cash Flow | $1,461 | $17,532 |
| Net Operating Income (NOI) | $1,461 | $17,532 |
| Capitalization Rate | 0.29% | 3.51% |
