12 Mainsail Drive
Conception Bay South, NL, A1W2G4
5 Beds | 3 Baths
$484,900
About the property (MLS: 1291867):
In Sunny CBS! This brand new cozy 2-apartment will be ready before Christmas! The main unit has 3-bedrooms, 2-bathrooms and a rec-room in basement. The apartment will have 2-bedrooms and open concept living room/kitchen area. The lot will be fully landscaped and a paved driveway for 4 cars. Other highlights include: a 10x12 deck, R50 attic insulation, increased wall insulation and vinyl plank flooring. From this fantastic location, you are minutes to Topsail Beach, hiking trails, CBS by-pass highway, Costco & big shops at Galway and everything else CBS has to offer! The home comes with a 10-Year Atlantic Home Warranty. Another quality home by Eagle Construction. Eagle Construction is the recipient of multiple prestigious Atlantic Home Warranty awards including the Customer Choice award in 2018 and 2019 as well as the Homeowner Choice award in 2022! (id:56688)
Property Details
Listing ID: 29019821
Address: 12 Mainsail Drive, Conception Bay South, Newfoundland & Labrador, Canada A1W2G4
Status: Active
Last updated: 16 days ago ( Oct 29, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,904 square feet
Price per sq ft: $255
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: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.538833, -52.927354]
Rooms
| Basement | Recreation room Bedroom Bedroom | 12.4x9 null 10x9.4 null 12.4x10.6 null |
| Main level | Primary Bedroom Bedroom Bedroom Living room Kitchen | 12.10x10.2 null 10x8.6 null 8.8x11.8 null 15.8x13.6 null 14.8x12 null |
Basic Calculator
First Mortgage: $387,920
Mortgage insurance premium: $0
Total Financing: $387,920
Rough closing fee (1.5%): ~ $7,274
Total downpayment with estimated closing fee: $104,254
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,095 | $25,140 |
| Gross rental income (income/principal ratio) | 0.432% | 5.185% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $607 | $7,284 |
| Vacancy | $105 | $1,257 |
| Management Fee | $168 | $2,012 |
| Expense / Income Ratio | 28.97% | 28.97% |
| Cash Flow | $1,216 | $14,592 |
| Net Operating Income (NOI) | $1,216 | $14,592 |
| Capitalization Rate | 0.25% | 3.01% |
