About the property (MLS: 1285902):
Welcome home to this amazing oasis situated on over a half acre of land, on a cul-de-sac, in sought after Topsail. You are first welcomed by a large front foyer which leads to the stunning living room boasting vaulted ceilings, custom accent wall, and formal dining. The main also has an open concept kitchen with peninsula and stainless appliances, eat-in dining and a family room with large windows bringing in an abundance of natural light. The main also features another living room or perfect play space for the kids, half bath as well as laundry, and hallway that leads to the attached garage. Upstairs features main bathroom and three bedrooms with the primary featuring ensuite. The basement features gym(multi-purpose room), den, storage room and a large undeveloped space which awaits your finishing touches. The rear fenced yard is a DREAM with mature trees, fully landscaped grounds and ample room for entertaining! Shingles done in 2020 and mini-split heat pump added! Not your run of the mill, 2-storey home, this property exudes charm, character, warmth, and it's one you'll want to see. As per attached Seller's Direction, there will no conveyance of offers prior to 3pm on Tuesday June 10th with offers to remain open until 8pm the same day. (id:56688)
Property Details
Listing ID: 28422847
Address: 29 Spruce Hill Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5N1
Status: Active
Last updated: 7 days ago ( Jun 5, 2025 )
Year Built: 1989
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: Electric
Sewer: Septic tank
Flooring: Mixed Flooring
Living Area Total: 3,131 square feet
Price per sq ft: $200
Tax Annual Amount: $3,157
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.529532, -52.932934]
Rooms
Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4PC null 9.7x11.5 null 12.8x10.9 null 4PC null 11.8x14.6 null |
Main level | Bath (# pieces 1-6) Laundry room Not known Family room Dining room Kitchen Living room Porch | 2PC null 6.5x6.7 null 23.6x12.8 null 11.4x13.5 null 11.2x13 null 16.8x11.9 null 13x12.6 null 6.9x6.9 null |
Basement | Storage Workshop Office Storage Hobby room | 12.7x9 null 12.9x40 null 10.7x17.6 null 6.5x9.1 null 9x15.5 null |
Basic Calculator
First Mortgage: $500,000
Mortgage insurance premium: $0
Total Financing: $500,000
Rough closing fee (1.5%): ~ $9,375
Total downpayment with estimated closing fee: $134,375
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,445 | $41,340 |
Gross rental income (income/principal ratio) | 0.551% | 6.614% |
Mortgage | $0 | $0 |
Monthly Expenses | $782 | $9,384 |
Vacancy | $173 | $2,067 |
Management Fee | $276 | $3,308 |
Expense / Income Ratio | 22.70% | 22.70% |
Cash Flow | $2,216 | $26,592 |
Net Operating Income (NOI) | $2,216 | $26,592 |
Capitalization Rate | 0.35% | 4.25% |