Telephone Email125 Cherry Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W3B5

For sale · MLS® 1302155

125 Cherry Lane

Conception Bay South, NL, A1W3B5

3 bd2 ba2,240 sqftBuilt 1980

List price

$499,900

125 Cherry Lane Conception Bay South Newfoundland & Labrador Canada A1W3B5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1302155

This impeccable split level home sits on a beautiful manicured lot with ocean view in this sought after neighbourhood, Cherry Lane , Manuels. Lovingly cared for, this home is ideal for any family with the school bus stopping at the end of the driveway. The extra bonus is the large detached garage . Completely finished on all levels, this fine home offers numerous possibilities with 3 bedrooms, a great mud room entrance with an exercise/craft room etc and a huge lower level rec room . PLEASE BOOK THROUGH BROKER BAY AND PLEASE BOOK VIEWINGS BETWEEN 12 AND 7 DAILY. (id:56688)

Property details

MLS®1302155

Listing ID30179635

Address125 Cherry Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W3B5

StatusActive

Last updated2 months ago ( Aug 27, 2026 )

Year Built1980

Property TypeSingle Family

Structure TypeHouse

Ownership TypeFreehold

ViewOcean view

Number of stories1

Number of Levels1

Beds3

Baths2

1/2 Baths0

HeatingElectric

SewerMunicipal sewage system

FlooringHardwood, Carpeted, Other

Living Area Total2,240 square feet

Price per sq ft: $224

Tax Annual Amount$2,994

GarageYes

Attached GarageNo

CarportNo

Open ParkingNo

Garage Spaces2

WaterfrontNo

PoolNo

AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Microwave

Water SourceMunicipal water

RoofFiberglass, Unknown

Foundation DetailsConcrete

HeatingElectric

FlooringHardwood, Carpeted, Other

Fireplace FeaturesInsert, Propane

Exterior FeaturesVinyl siding

Common InterestFreehold

Number of photos available39

Rurl
Coordinates: [47.528387, -52.958436]

Rooms

Basement	Recreation room	25.8x22 null
Lower level	Laundry room Not known	12.4x8 null 17.8x9 null
Second level	Bedroom Bedroom Primary Bedroom	13.10x9 null 13.10x9 null 13x10 null
Main level	Kitchen Dining room Living room	11x10.6 null 11x10.8 null 16.10x14.6 null

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $399,920

Mortgage insurance premium: $0

Total Financing: $399,920

Rough closing fee (1.5%): ~ $7,499

Total downpayment with estimated closing fee: $107,479

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Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$2,464	$29,568
Gross rental income (income/principal ratio)	0.493%	5.915%
Mortgage	$0	$0
Monthly Expenses	$625	$7,500
Vacancy	$124	$1,479
Management Fee	$198	$2,366
Expense / Income Ratio	25.37%	25.37%
Cash Flow	$1,519	$18,228
Net Operating Income (NOI)	$1,519	$18,228
Capitalization Rate	0.30%	3.65%

Capitalization Rate: 3.65%

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).): $714,143

Neighbourhood scores

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