1 Kerry Avenue
Conception Bay South, NL, A1X7H5
4 Beds | 2 Baths
$299,900
About the property (MLS: 1286881):
Welcome to 1 Kerry Avenue! This move-in-ready home is located on a sunny corner lot in beautiful Conception Bay South, just moments from all the amenities CBS has to offer. The well-maintained main floor features 3 bedrooms, 1 bathroom, a spacious living room, and an eat-in kitchen. Downstairs you’ll find a cozy rec room and laundry area — ideal for family living. The fully fenced yard is perfect for pets, kids, or summer entertaining, and includes a 12x16 shed for added storage or workshop space. As a bonus, the lower level offers a 1-bedroom, 1-bathroom in-law suite — a great option for extended family or potential rental income. Vacant and ready for immediate possession, this property is ideal for first-time buyers, those looking to downsize, or investors. As per Sellers Directive there will be no presentation of offers prior to 12:00pm on June 28th, 2025 and left open for consideration until 5:00pm on June 28th 2025 (id:56688)
Property Details
Listing ID: 28517115
Address: 1 Kerry Avenue, Conception Bay South, Newfoundland & Labrador, Canada A1X7H5
Status: Active
Last updated: 16 days ago ( Jun 25, 2025 )
Year Built: 1971
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 1,800 square feet
Price per sq ft: $167
Tax Annual Amount: $2,973
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 38
Rurl
Coordinates: [47.507486, -52.991591]
Rooms
| Basement | Not known Bath (# pieces 1-6) Not known Not known Laundry room Recreation room | 11.6x9.10 null 6.5x5.5 null 10.11x10.4 null 11.6x11.6 null 18.1x11.2 null 18.9x11.2 null |
| Main level | Living room Kitchen Bath (# pieces 1-6) Porch Dining nook Bedroom Bedroom Primary Bedroom Foyer | 14.8x11.3 null 8.0x7.8 null 6.8x8.5 null 4.3x2.11 null 10.9x9.7 null 12.1x12.1 null 8.9x8.5 null 10.5x12.1 null 4.8x8.3 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,981 | $23,772 |
| Gross rental income (income/principal ratio) | 0.661% | 7.927% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $100 | $1,189 |
| Management Fee | $159 | $1,902 |
| Expense / Income Ratio | 18.93% | 18.93% |
| Cash Flow | $1,349 | $16,188 |
| Net Operating Income (NOI) | $1,349 | $16,188 |
| Capitalization Rate | 0.45% | 5.40% |
