Lot #8 Windemere Place
CBS, NL, A1A4V4
4 Beds | 4 Baths
$559,900
About the property (MLS: 1288008):
Looking for a modern 2-apartment home in CBS? Located on a quiet street in the sought-after Windemere Place subdivision, this newer build offers a stylish 2-bedroom main unit plus a fully developed 2-bedroom basement apartment, ideal for rental income or multi-generational living. The main floor features an open-concept layout with a bright kitchen, spacious living area, and primary bedroom with ensuite. The basement apartment includes its own private entrance, full kitchen, laundry, and comfortable living space, perfect for a tenant or in-laws. Set on a deep and wide 53x195 ft lot with room to expand or add outdoor features, this home is located minutes from schools, walking trails, and oceanfront beaches. Whether you're a first-time buyer looking to offset your mortgage or an investor seeking a move-in ready rental, this CBS property checks all the boxes. (id:56688)
Property Details
Listing ID: 28661593
Address: Lot #8 Windemere Place, CBS, Newfoundland & Labrador, Canada A1A4V4
Status: Active
Last updated: 4 months ago ( Jul 28, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 1,124 square feet
Price per sq ft: $499
Tax Annual Amount: $0
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: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.511952, -52.928139]
Rooms
| Basement | Bath (# pieces 1-6) Bath (# pieces 1-6) Not known Not known Not known Recreation room | Full null 3 Piece null 17'-10"" x 16'-1 null 8'-10"" x 9'-3"" null 10'-0"" x 12'-1"" null 11'-2"" x 8'-9"" null |
| Main level | Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Kitchen Dining room Living room | Full null Full null 14'-3"" x 11'-4"" null 10'-0"" x 10'-11 null 10'-1"" x 11'-7"" null 6'-7"" x 11'-7"" null 12'-1"" × 16'-6"" null |
Basic Calculator
First Mortgage: $447,920
Mortgage insurance premium: $0
Total Financing: $447,920
Rough closing fee (1.5%): ~ $8,399
Total downpayment with estimated closing fee: $120,379
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,237 | $14,844 |
| Gross rental income (income/principal ratio) | 0.221% | 2.651% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $700 | $8,400 |
| Vacancy | $62 | $743 |
| Management Fee | $99 | $1,188 |
| Expense / Income Ratio | 56.59% | 56.59% |
| Cash Flow | $377 | $4,524 |
| Net Operating Income (NOI) | $377 | $4,524 |
| Capitalization Rate | 0.07% | 0.81% |
