106 Hibbs Road
Conception Bay South, NL, A1X6C3
4 Beds | 2 Baths
$349,900
About the property (MLS: 1291270):
Welcome to 106 Hibbs Road, located in the beautiful community of Conception Bay South, this well-maintained 2-apartment bungalow is situated in a quiet residential area, close to recreation facilities, shopping amenities, walking trails and highway access. This property features 2 separate mini split systems for efficient heating and cooling, new carpet on the stairs in the main unit, along with a new refrigerator, near new dishwasher and new comfort height toilet! The property has been freshly painted throughout and has been optimally maintained making it a true turn-key investment! The main unit has an appealing layout with an eat in kitchen complete with oak cabinetry and a flow through access to the rear patio for those evening family BBQs. The resilient laminate flooring spans throughout the property and has a modern color flare that will stand the test of time. The generously sized bedrooms are sure to impress especially with the large walk-in closet off the primary! The downstairs aspect of the main unit contains the dedicated laundry area as well as convenient storage under the stairs. The spacious two-bedroom basement apartment has an above ground feel, is bright, airy and complete with a spacious eat in kitchen, living room, and its own laundry facility making it the perfect income generator to supplement your mortgage! Offers are to be submitted by Tuesday, October 14th at 1:00pm and left open until 5:00pm. This is a MUST-SEE PROPERTY AND WILL NOT LAST LONG!! (id:56688)
Property Details
Listing ID: 28961962
Address: 106 Hibbs Road, Conception Bay South, Newfoundland & Labrador, Canada A1X6C3
Status: Active
Last updated: a month ago ( Oct 13, 2025 )
Year Built: 2009
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 1,797 square feet
Price per sq ft: $195
Tax Annual Amount: $2,397
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Mini-Split
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 35
Rurl
Coordinates: [47.483791, -53.027954]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Not known Not known Not known Not known Not known | 9'7""X10'2"" null 5'5""X8'6"" 4pc 5'2""X8'6"" null 8'9""X10'9"" null 12'4""X12'0"" null 13'2""X12'2"" null 11'4'x12'1"" null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Living room | 5'5""X11'4"" 4pc 14'1""X11'6"" null 16'8""X9'10"" null 17'3""X24'11"" null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,977 | $23,724 |
| Gross rental income (income/principal ratio) | 0.565% | 6.780% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $99 | $1,187 |
| Management Fee | $159 | $1,898 |
| Expense / Income Ratio | 22.15% | 22.15% |
| Cash Flow | $1,282 | $15,384 |
| Net Operating Income (NOI) | $1,282 | $15,384 |
| Capitalization Rate | 0.37% | 4.40% |
