For sale · MLS® 1302017
65 Cheyne Drive
St. John's, NL, A1A5W5
List price
$1,380,000
About this propertyMLS® 1302017
Welcome to a home where elegant design, comfort and exceptional entertaining spaces come together beautifully. Situated in prestigious King William Estates, 65 Cheyne Drive offers an inviting blend of classic details and sophisticated contemporary style. An impressive 18-foot foyer with tile flooring and a sweeping curved hardwood staircase opens into a dramatic living room featuring floor-to-ceiling windows and a stone fireplace. Hardwood flooring continues into the dining area and spacious kitchen, where a 12-foot centre island, two dishwashers, two ovens, rich cabinetry, stainless steel appliances and generous prep space create a natural hub for entertaining. The open-concept layout extends into a comfortable family room with another stone fireplace and custom built-ins. A private office offers excellent work-from-home flexibility, while crown moulding, recessed lighting and refined finishes complete the main level. The lower level is a true highlight, offering a dedicated home theatre with a 120-inch projection screen, surround sound and snack station. The adjoining entertainment area features coffered ceilings, a fireplace and multiple seating areas. A custom bar with illuminated shelving and built-in wine storage creates the perfect setting for hosting. This level also includes a fifth bedroom, full bathroom and additional flex space. Upstairs are four spacious bedrooms with ensuites and walk-in closets, including an expansive primary suite with a spa-like ensuite. Second-floor laundry adds further convenience. Outside, you’ll find parking for four or more vehicles, a fully fenced backyard, covered patio with composite decking and a hot tub. The attached garage and 16' x 24' shed provide ample storage for vehicles, ATVs and more. Additional features include two wood-burning fireplaces, an energy-efficient heat pump (2022), Russound speaker system, intercom, ICF basement, sauna and in-floor heating in the bathrooms. Call today. (id:56688)
Property details
Coordinates: [47.610662, -52.691703]
Rooms
| Second level | Laundry room Bedroom Bedroom Ensuite Bedroom Ensuite Primary Bedroom | 7.4x14.10 null 13.1x16.0 null 15.0x17.0. null 11.8x6.8 null 14.10x13.0 null 8.0x12.0 null 24.0x18.10 null |
| Main level | Bath (# pieces 1-6) Office Family room Dining nook Kitchen Dining room Living room | 5.0x5.0 null 22.4x14.0 null 23.7x17.8 null 13.6x7.7 null 22.2x17.8 null 13.1x12.8 null 13.1x17.1 null |
Basic Calculator
First Mortgage: $1,104,000
Mortgage insurance premium: $0
Total Financing: $1,104,000
Rough closing fee (1.5%): ~ $20,700
Total downpayment with estimated closing fee: $296,700
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $6,959 | $83,508 |
| Gross rental income (income/principal ratio) | 0.504% | 6.051% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,725 | $20,700 |
| Vacancy | $348 | $4,176 |
| Management Fee | $557 | $6,681 |
| Expense / Income Ratio | 24.79% | 24.79% |
| Cash Flow | $4,330 | $51,960 |
| Net Operating Income (NOI) | $4,330 | $51,960 |
| Capitalization Rate | 0.31% | 3.77% |
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