For sale · MLS® 1302204
1 Ozark Place
St. John's, NL, A1H0L1
List price
$899,000
About this propertyMLS® 1302204
Welcome to a home that stands apart. Just 4 years old and situated on an oversized corner lot in Southlands’ most sought-after cul-de-sacs, this crafted home offers 5 bedrooms, 5 bathrooms and design that feels modern and warm. The heart of the home is the open-concept kitchen, dining and two-story living space, flooded with natural light from an impressive wall of windows. White oak engineered hardwood flows throughout, adding warmth to the modern design. Custom built-ins add character and thoughtful functionality throughout. The living room is anchored by a floor-to-ceiling herringbone metal fireplace with a custom walnut mantel. The chef-inspired kitchen features an oversized island, Glacier White solid-surface countertops, two ovens, farmhouse sink, gas range, gold accents and warm oak details. A main-floor playroom adds flexibility for family life. Upstairs, the primary suite offers a beautiful retreat with a spacious ensuite featuring a double rainfall shower. Exceptional garage space includes an attached double garage with its own bathroom, plus an additional single garage. A detached garage in the backyard offers approximately 600 sqft. of additional space. The lower level features a beautifully finished one-bedroom apartment, offering flexibility as an income-generating space or in-law suite. Outside, the spacious front driveway provides plenty of parking, with additional parking at the rear. The flat backyard and walk-out patio make the most of the full sun exposure, creating a bright and inviting outdoor space. With exceptional garage space, a separate apartment, oversized lot and thoughtful finishes, this Southlands home offers a rare combination of modern warmth, space and function. The Listing REALTOR® is the spouse of the Vendor and registered owner of the property and, as such, has a direct personal and financial interest in the property. No conveyance of offers until Tuesday, August 25@4:00pm and left open for acceptance until 9:00pm the same day. (id:56688)
Property details
Coordinates: [47.493984, -52.827195]
Rooms
| Basement | Bath (# pieces 1-6) Bath (# pieces 1-6) Not known Not known Not known Porch | 2PC null 4PC null 13x11 null 14x13 null 10x9 null 9X9 null |
| Second level | Bedroom Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 10x9 null 4PC null 10x11 null 10x11 null 4PC 11x10 null 18x16 null |
| Main level | Bath (# pieces 1-6) Laundry room Playroom Living room Dining room Kitchen | 2PC null 10x9 null 16x10 null 18x16 null 17x13 null 17x14 null |
Basic Calculator
First Mortgage: $719,200
Mortgage insurance premium: $0
Total Financing: $719,200
Rough closing fee (1.5%): ~ $13,485
Total downpayment with estimated closing fee: $193,285
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,466 | $41,592 |
| Gross rental income (income/principal ratio) | 0.386% | 4.626% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,124 | $13,488 |
| Vacancy | $174 | $2,080 |
| Management Fee | $278 | $3,328 |
| Expense / Income Ratio | 32.43% | 32.43% |
| Cash Flow | $1,892 | $22,704 |
| Net Operating Income (NOI) | $1,892 | $22,704 |
| Capitalization Rate | 0.21% | 2.53% |
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