About the property (MLS: 1287078):
Mature private home in sough after location just off Cherry Lane next to Manuals River and walking trails. This property has a huge level mature lot with a driveway that can park approx. 9 cars!. This 5-bedroom home features a multi level design. The main floor features large living room dining room and Kitchen. Upstairs there are 3 nice size bedrooms, , including a master bedroom with 2 closets and an ensuite bathroom featuring a walk-in shower. Upon entering the ground level, you will find a generous foyer with (3 ) 11x22 rooms offering endless possibilities with a little TLC, currently being used as a play/bedroom, workshop and Family room. The basement has recently been renovated and includes 2 bedrooms and a bonus hangout room. ( note: bedroom windows may not meet egress ) This home currently has 200amp panel with electric baseboard heat. There is a working oil furnace however the oil tank does expire August 2025. Why not take advantage of the heating rebate on this oversized property. Wired shed on property with lots of mature tress and shrubs. Roof shingled in 2021, new hot water tank 2025, new vinyl plank floors in basement 2024. Home being sold in an as is condition. Home inspection for buyers’ purposes only. All measurements are approx. (id:56688)
Property Details
Listing ID: 28529120
Address: 20 Flats Road, Conception Bay South, Newfoundland & Labrador, Canada A1W3C3
Status: Active
Last updated: 2 hours ago ( Jul 11, 2025 )
Year Built: 1975
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted
Living Area Total: 2,886 square feet
Price per sq ft: $149
Tax Annual Amount: $3,385
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, Laminate, Carpeted
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.528083, -52.954215]
Rooms
Basement | Utility room Hobby room Bedroom Bedroom | 10 X 8 null 15 X 14 null 10.6 X 9 null 10 X 8 null |
Lower level | Foyer Laundry room Playroom Workshop Family room | 5 X 18 null 8 X 5 null 22 X 11 null 22 X 10 null 22 X 11 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 11 X 5 null 12 X 10 null 14 X 10 null 3 piece null 15.8 X 11 null |
Main level | Dining room Living room Kitchen | 11.3 X 9.4 null 18 X 12.6 null 13 X 11.3 null |
Basic Calculator
First Mortgage: $343,920
Mortgage insurance premium: $0
Total Financing: $343,920
Rough closing fee (1.5%): ~ $6,449
Total downpayment with estimated closing fee: $92,429
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,175 | $38,100 |
Gross rental income (income/principal ratio) | 0.739% | 8.863% |
Mortgage | $0 | $0 |
Monthly Expenses | $538 | $6,456 |
Vacancy | $159 | $1,905 |
Management Fee | $254 | $3,048 |
Expense / Income Ratio | 16.94% | 16.94% |
Cash Flow | $2,225 | $26,700 |
Net Operating Income (NOI) | $2,225 | $26,700 |
Capitalization Rate | 0.52% | 6.21% |