
About the property (MLS: 1291477):
Brand new 2 apt home on a large, deep, mostly wooded lot with rear yard access. Features a main floor open concept living room, dining room, and kitchen. Basemeht boasts a 2-bed apartment plus a Family room for the main area. Three and a half bathrooms. Generous allowances, ready to start building as soon as a permit is processed. Another quality home built by Jim's Carpentry Ltd. Double-paved driveway, patio deck. Front, side, and rear landscaping. Near schools and other amenities. Note: House elevation and floor plan in supplements (id:56688)
Property Details
MLS: 1291477
Listing ID: 29038605
Address: 1076 Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X6H7
Status: Active
Last updated: 17 days ago ( Oct 28, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,488 square feet
Price per sq ft: $222
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: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.486481, -53.0391]
Listing ID: 29038605
Address: 1076 Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X6H7
Status: Active
Last updated: 17 days ago ( Oct 28, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,488 square feet
Price per sq ft: $222
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: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.486481, -53.0391]
Rooms
| Lower level | Laundry room Bath (# pieces 1-6) Bedroom Primary Bedroom Living room/Dining room Laundry room Bath (# pieces 1-6) Family room | 8 x 7 null 8 x 10 null 14 x 9 null 14 x 12.6 null 24 x 14 null 8 x 7.6 null 2pc 18 x 13 null |
| Main level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Foyer Kitchen Dining room Living room | 8 x 6 null 8 x 6.6 null 12 x 12 null 11.6 x 9.6 null 14 x 13 null 14 x 8 null 12 x 12 null 12 x 9 null 13 x 12 null |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,737 | $32,844 |
| Gross rental income (income/principal ratio) | 0.498% | 5.973% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $688 | $8,256 |
| Vacancy | $137 | $1,643 |
| Management Fee | $219 | $2,628 |
| Expense / Income Ratio | 25.14% | 25.14% |
| Cash Flow | $1,694 | $20,328 |
| Net Operating Income (NOI) | $1,694 | $20,328 |
| Capitalization Rate | 0.31% | 3.70% |
Capitalization Rate: 3.70%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $785,572


