For sale · MLS® 1303222
37 Thomston Avenue
Conception Bay South, NL, A1B3P8
List price
$747,375
About this propertyMLS® 1303222
NEW HOME CONSTRUCTION IN OCEAN GLEN ESTATES, CBS! Welcome to Ocean Glen Estates, a new subdivision conveniently located off Fowlers Road in Conception Bay South. This beautiful new home is proudly constructed by multi-award-winning builder, Eastwood Homes, offering quality craftsmanship, thoughtful design, and modern finishes throughout. This inviting 1,872 sq. ft. two-storey home, plus a 365 sq. ft. attached garage, features an exceptional floor plan with 3 bedrooms and 2.5 bathrooms. The main floor offers a bright, spacious open-concept design with 9-foot ceilings, creating an ideal space for both everyday living and entertaining. The modern kitchen features a large centre island, pantry, and impressive floor-to-ceiling cabinetry, providing plenty of storage and workspace. The main level also includes a comfortable living room, dining area, convenient main-floor laundry, and a ½ bath. Upstairs, the spacious primary bedroom offers a large walk-in closet and a luxurious 5-piece ensuite. Two additional bedrooms and a full bathroom complete the second level. Outside, you'll find a double paved driveway and a pressure-treated patio, providing great outdoor space to enjoy. Need more space? An optional lower-level development package is available for an additional cost and can include a large recreation room, full bathroom, and fourth bedroom. This home comes with a full one-year builder warranty plus a 10-year Atlantic Home Warranty, providing added peace of mind. HST is included in the list price and is to be rebated to the vendor on closing. Build your future in Ocean Glen Estates — modern living, quality construction, and a great location in CBS! (id:56688)
Property details
Coordinates: [47.517554, -52.921333]
Rooms
| Second level | Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Bedroom Storage | 11.9x9.0 null 5pc 14.0x12.0 null 4pc 11.2x14.4 null 7.6x5.2 null |
| Main level | Laundry room Dining room Bath (# pieces 1-6) Not known Kitchen Living room/Fireplace | 12.0x9.8 null 2pc 17.10x13.2 null 16.0x12.0 null |
Basic Calculator
First Mortgage: $597,900
Mortgage insurance premium: $0
Total Financing: $597,900
Rough closing fee (1.5%): ~ $11,211
Total downpayment with estimated closing fee: $160,686
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,007 | $24,084 |
| Gross rental income (income/principal ratio) | 0.269% | 3.222% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $935 | $11,220 |
| Vacancy | $101 | $1,205 |
| Management Fee | $161 | $1,927 |
| Expense / Income Ratio | 46.59% | 46.59% |
| Cash Flow | $812 | $9,744 |
| Net Operating Income (NOI) | $812 | $9,744 |
| Capitalization Rate | 0.11% | 1.30% |
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