For sale · MLS® 1303819
221 Cheeseman Drive
St. John’s, NL, A1H0R2
4 bd4 ba3,722 sqftBuilt 2026
List price
$897,000
About this propertyMLS® 1303819
Two Story under construction on Greenbelt in Southlands (id:56688)
Property details
MLS®1303819
Listing ID30364699
Address221 Cheeseman Drive, St. John’s, Newfoundland & Labrador, Canada A1H0R2
StatusActive
Last updated23 days ago ( Oct 7, 2026 )
Year Built2026
Property TypeSingle Family
Architectural Style2 Level
Structure TypeHouse
Ownership TypeFreehold
Number of stories2
Number of Levels2
Beds4
Baths4
1/2 Baths1
HeatingBaseboard heaters, Forced air, Mini-Split
SewerMunicipal sewage system
FlooringLaminate, Mixed Flooring
Living Area Total3,722 square feet
Price per sq ft: $241Tax Annual Amount$7,000
Tax Year2026
GarageYes
Attached GarageYes
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceMunicipal water
RoofAsphalt shingle, Unknown
Foundation DetailsConcrete
HeatingBaseboard heaters, Forced air, Mini-Split
FlooringLaminate, Mixed Flooring
Exterior FeaturesWood, Stone, Vinyl siding, Shingles
CoolingAir exchanger
Common InterestFreehold
Number of photos available1
RurlCoordinates: [47.493111, -52.828715]
Rooms
| Basement | Recreation room Bath (# pieces 1-6) Bedroom | 32x19’10 null 3pc 14’8x10 null |
| Second level | Laundry room Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom | 8’2x6 null 3pc 4pc 19’10x14’10 null 13.’6x12’6 null 15’8x12’2 null |
| Main level | Bath (# pieces 1-6) Family room Not known Kitchen Mud room Office Foyer | 2pc 25’8x16 null 11’2x7’4 null 19’10x16 null 6’6x6’6 null 10’6x14’4 null 6x14 null |
Basic Calculator
First Mortgage: $717,600
Mortgage insurance premium: $0
Total Financing: $717,600
Rough closing fee (1.5%): ~ $13,455
Total downpayment with estimated closing fee: $192,855
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,095 | $49,140 |
| Gross rental income (income/principal ratio) | 0.457% | 5.478% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,122 | $13,464 |
| Vacancy | $205 | $2,457 |
| Management Fee | $328 | $3,932 |
| Expense / Income Ratio | 27.40% | 27.40% |
| Cash Flow | $2,441 | $29,292 |
| Net Operating Income (NOI) | $2,441 | $29,292 |
| Capitalization Rate | 0.27% | 3.27% |
Capitalization Rate: 3.27%
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).): $1,281,429
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