For sale · MLS® 1302409
216 Cheeseman Drive
St. John's, NL, A1H0R3
List price
$899,900
About this propertyMLS® 1302409
Award winning New Victorian Homes is proud to present ""The Port Blandford"" - a luxury modern farmhouse now under construction at 216 Cheeseman Drive in the sought after Southlands subdivision of St. John's, with a target possession of Christmas 2026. Offering 3 bedrooms and 2.5 bathrooms, The Port Blandford reflects New Victorian's signature approach to country inspired living: an open concept layout designed for natural light, clean lines, and a level of finish that speaks for itself. A true two car garage and dog shower are among the standout practical features that make this design as functional as it is beautiful. The turnkey price includes the executive package of premium allowances, some of which include; full service interior design, two head mini split heat pump, black windows, hardwood stairs, fireplace and surround, and kitchen backsplash. Every detail has been considered. Situated within walking distance of the Glendenning Golf Course and the trail network of Southlands, with convenient access to the Shoppes at Galway and Merchant Drive in Mount Pearl. Downtown St. John's is 10 minutes via Pitts Memorial Drive and the East End is 15 minutes via the Outer Ring Road. (id:56688)
Property details
Coordinates: [47.493563, -52.828788]
Rooms
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Laundry room Ensuite Primary Bedroom | 13.2 x 16.3 null 16.2 x 11 null 4 PC null 12.9 x 5.9 null 13.7 x 9.3 null 18 x 14.6 null |
| Main level | Office Bath (# pieces 1-6) Mud room Family room Dining nook Not known Kitchen | 8.10 x 12.7 null 2 PC null 15.5 x 6.4 null 15.6 x 16 null 11 x 16 null 7.7 x 6.6 null 13.5 x 16 null |
Basic Calculator
First Mortgage: $719,920
Mortgage insurance premium: $0
Total Financing: $719,920
Rough closing fee (1.5%): ~ $13,499
Total downpayment with estimated closing fee: $193,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,329 | $51,948 |
| Gross rental income (income/principal ratio) | 0.481% | 5.773% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,125 | $13,500 |
| Vacancy | $217 | $2,598 |
| Management Fee | $347 | $4,156 |
| Expense / Income Ratio | 25.99% | 25.99% |
| Cash Flow | $2,642 | $31,704 |
| Net Operating Income (NOI) | $2,642 | $31,704 |
| Capitalization Rate | 0.29% | 3.52% |
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