51 Cherry Lane
Conception Bay South, NL, A1W3B4
3 Beds | 3 Baths
$309,900
About the property (MLS: 1287312):
Nestled in a desirable neighbourhood in Manuels, Conception Bay South, this inviting two-storey home offers comfort, character, and convenience in a picturesque setting. Step inside through the welcoming front porch and spacious foyer into a cozy living room featuring an electric fireplace and a stylish shiplap accent wall. The open layout flows seamlessly into the eat-in kitchen, complete with stainless steel appliances, modern backsplash, and direct access to the rear patio and private garden—ideal for entertaining or relaxing outdoors. The main floor also includes a convenient powder room and laundry area for added functionality. Upstairs, you’ll find three well-proportioned bedrooms (one currently utilized as a closet), including a spacious primary suite with a 3-piece ensuite. A full main bathroom completes the upper level. The undeveloped basement offers ample storage space or future development potential. Outside, enjoy the beauty of a mature, private lot adorned with lush trees, an apple tree, and established shrubbery—creating a peaceful retreat just minutes from amenities. Don’t miss your opportunity to own this home in an exceptional location! Offers to be submitted Tuesday, July 8 @ 12:00pm (noon) & left open for acceptance until 5:00pm (id:56688)
Property Details
Listing ID: 28552484
Address: 51 Cherry Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W3B4
Status: Active
Last updated: 5 days ago ( Jul 5, 2025 )
Year Built: 1950
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: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 2,066 square feet
Price per sq ft: $150
Tax Annual Amount: $1,864
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 35
Rurl
Coordinates: [47.523767, -52.954021]
Rooms
| Basement | Not known Storage | 10'11""X30'8"" null 13'0""X30'8"" null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 10'5""X10'0"" 4pc 10'11""X12'1"" null 11'8""X12'1"" null 4'10""X6'7"" 3pc 12'2""X19'4"" null |
| Main level | Bath (# pieces 1-6) Office Living room Not known Porch | 8'3""X8'0"" 2pc 10'8""X12'2"" null 11'3""X15'8"" null 22'3""X13'1"" null 6'2""X4'4"" null |
Basic Calculator
First Mortgage: $247,920
Mortgage insurance premium: $0
Total Financing: $247,920
Rough closing fee (1.5%): ~ $4,649
Total downpayment with estimated closing fee: $66,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,273 | $27,276 |
| Gross rental income (income/principal ratio) | 0.733% | 8.802% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $388 | $4,656 |
| Vacancy | $114 | $1,364 |
| Management Fee | $182 | $2,183 |
| Expense / Income Ratio | 17.07% | 17.07% |
| Cash Flow | $1,590 | $19,080 |
| Net Operating Income (NOI) | $1,590 | $19,080 |
| Capitalization Rate | 0.51% | 6.16% |
