50 Macmar Lane
Conception Bay South, NL, A1X0K6
2 Beds | 2 Baths
$424,900
About the property (MLS: 1288753):
Discover relaxed, low-maintenance living in this charming bungalow located in The Villas at Riverdale—a peaceful and welcoming 50+ community in beautiful Conception Bay South. Thoughtfully designed for comfort and ease, this one-level home offers the perfect balance of space, style, and functionality. The bright, open-concept living area features a spacious kitchen with modern stainless steel appliances, ample cabinetry, and great counter space, flowing into a cozy living room complete with a mini split heat pump for year-round comfort. Just off the kitchen, a generous patio provides the perfect spot to enjoy a morning coffee or host a summer BBQ, overlooking a partially fenced backyard that offers privacy on both sides and includes a convenient storage shed. Inside, you’ll find two well-sized bedrooms, including a spacious primary suite with its own private ensuite and room for a king-sized bed, while the second bedroom works well for guests, a home office, or a hobby room. The attached garage provides excellent additional storage space, and with everything on one level, this home is ideal for comfortable retirement living or for anyone seeking a quiet, community-focused lifestyle. As per sellers direction - no conveyance of written or signed offers prior to 11am Friday August 8th and open for acceptance until 2pm on Friday August 8th. (id:56688)
Property Details
Listing ID: 28686928
Address: 50 Macmar Lane, Conception Bay South, Newfoundland & Labrador, Canada A1X0K6
Status: Active
Last updated: 23 days ago ( Aug 4, 2025 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Partially fenced
Living Area Total: 1,027 square feet
Price per sq ft: $414
Tax Annual Amount: $2,732
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.488073, -53.032202]
Rooms
| Main level | Porch Bedroom Not known Living room Dining room Kitchen Primary Bedroom | 4.8x7.3 null 8.6x8.10 null 12x12 null 16x11.7 null 9.6x12.10 null 14.8x6.3 null 14.5x12.9 null |
Basic Calculator
First Mortgage: $339,920
Mortgage insurance premium: $0
Total Financing: $339,920
Rough closing fee (1.5%): ~ $6,374
Total downpayment with estimated closing fee: $91,354
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,130 | $13,560 |
| Gross rental income (income/principal ratio) | 0.266% | 3.191% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $532 | $6,384 |
| Vacancy | $57 | $678 |
| Management Fee | $91 | $1,085 |
| Expense / Income Ratio | 47.08% | 47.08% |
| Cash Flow | $452 | $5,424 |
| Net Operating Income (NOI) | $452 | $5,424 |
| Capitalization Rate | 0.11% | 1.28% |
