For sale · MLS® 1304040
22 Fencer Place
Conception Bay South, NL, A1X0M4
List price
$474,000
About this propertyMLS® 1304040
Welcome to this beautiful new construction two-storey home offering 3 bedrooms and 2 bathrooms, thoughtfully designed with modern living in mind. The bright, open-concept main floor features pot lighting and a beautiful kitchen complete with custom cabinetry, backsplash, and a spacious pantry, along with the convenience of main-floor laundry. Upstairs, the primary bedroom offers a private ensuite featuring a custom tiled shower. Outside, this property features an impressive 17' rear-yard access, providing plenty of room for future backyard development or a detached garage. Additional features include full landscaping, a double paved driveway, 10' x 12' rear deck, and eavestrough where required. HST included in the purchase price. The applicable existing new housing rebate is to be assigned to the builder on closing. Eligible first-time homebuyers may also qualify for the new federal First-Time Home Buyers' GST/HST Rebate, providing potential additional savings. Eligibility and rebate amounts are subject to CRA requirements. Backed by the 10-Year Atlantic New Home Warranty for added peace of mind. HST/GST rebate to be assigned to the builder on closing. (id:56688)
Property details
Coordinates: [47.466837, -53.07405]
Rooms
| Main level | Bedroom Laundry room Not known Dining nook Kitchen Porch | 10.6x12 null 6x9 null 4.6x9 null 9x17 null 9x17 null 7x6 null |
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom Ensuite Living room | 3pc 11.6x10 null 12x16 null 3pc 9x17 null |
Basic Calculator
First Mortgage: $379,200
Mortgage insurance premium: $0
Total Financing: $379,200
Rough closing fee (1.5%): ~ $7,110
Total downpayment with estimated closing fee: $101,910
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,541 | $30,492 |
| Gross rental income (income/principal ratio) | 0.536% | 6.433% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $593 | $7,116 |
| Vacancy | $128 | $1,525 |
| Management Fee | $204 | $2,440 |
| Expense / Income Ratio | 23.34% | 23.34% |
| Cash Flow | $1,618 | $19,416 |
| Net Operating Income (NOI) | $1,618 | $19,416 |
| Capitalization Rate | 0.34% | 4.10% |
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