About the property (MLS: 1285973):
Beautiful, meticulously well maintained Fully Developed Raised Bungalow on an oversized fenced lot with ocean views and rear yard access. From the moment you enter the foyer, you will feel the quality and warmth. The Bright living room opens onto the spacious kitchen with custom cabinetry, Built in appliances, granite top Island and Eating area . The primary Bedroom offers a walk in closet and Ensuite with a shower and corner jacuzzi .You will also find 2 bedrooms and a 3 piece main bath (shower only). Downstairs offers a large Entertainment area with a wet bar and an amazing family room, full bath, laundry room and storage room. The walk out basement allows for tons of natural lighting. There is also a Large 29' x 21' attached garage with tons of room for toys and storage. The main floor has a mini-split to help offset winter heating costs while giving the comfort of air conditioning during the summer months. This property has wonderful views of Conception Bay from the back deck, large back yard for entertaining and a detached 12 x 12 shed. This is a wonderful property in the heart of Topsail, be sure to book your viewing today. No Conveyance of any written signed offers prior to 3:00pm on Sunday June 8th. Offers to remain open until 8:00 pm June 8th. (id:56688)
Property Details
Listing ID: 28414527
Address: 21 Mainsail Drive, Conception Bay South, Newfoundland & Labrador, Canada A1W2G2
Status: Active
Last updated: 15 days ago ( Jun 5, 2025 )
Year Built: 2006
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 2,600 square feet
Price per sq ft: $193
Tax Annual Amount: $3,128
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Hot water radiator heat, Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.537831, -52.926445]
Rooms
Lower level | Not known | 29 x 21 null |
Basement | Storage Laundry room Bath (# pieces 1-6) Recreation room Games room | 15 x 7 null 9.6 x 9.3 null 3pc 26 x 14 null 29 x 15 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Not known Living room | 3pc 9.9 x 8.3 null 10.4 x 9.7 null 4pc 15 x 12 null 15.8 x 15 null 18.7 x 12.10 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 | $2,861 | $34,332 |
Gross rental income (income/principal ratio) | 0.572% | 6.868% |
Mortgage | $0 | $0 |
Monthly Expenses | $625 | $7,500 |
Vacancy | $144 | $1,717 |
Management Fee | $229 | $2,747 |
Expense / Income Ratio | 21.85% | 21.85% |
Cash Flow | $1,865 | $22,380 |
Net Operating Income (NOI) | $1,865 | $22,380 |
Capitalization Rate | 0.37% | 4.48% |