For sale · MLS® 1304350
12 Green Way
Conception Bay South, NL, A1X0B7
List price
$389,900
About this propertyMLS® 1304350
Located in a sought after neighbourhood off Tilley’s Road South in Conception Bay South, 12 Green Way offers the flexibility of two apartment living in a welcoming residential setting. Built in 2011, this home features approximately 2,400 square feet of living space, with a three bedroom main unit and a two bedroom basement apartment. The bright main floor features a spacious living room with large windows, a separate dining area, and a kitchen with wood cabinetry and ample counter space. The main unit also includes 3 bedrooms with an ensuite and a lower level rec room, offering extra space to relax or entertain. The two bedroom apartment features an eat-in kitchen and a comfortable living area, making it an excellent option for extended family or rental income. Outside, enjoy a paved driveway, backyard space, and a storage shed. Whether you’re looking for a home with an income supplement or an investment property, this two apartment home is well worth a look! The Seller(s) hereby directs the listing Brokerage there will be NO CONVEYANCE OF ANY WRITTEN SIGNED OFFERS prior to 1:00 P.M. on the 19th day of October, 2026. The seller further directs that all offers are to remain OPEN FOR ACCEPTANCE until 6:00 P.M. on the 19th day of October, 2026. Conveyance includes but is not limited to presentation, communication, transmission, entertainment or notification of. (id:56688)
Property details
Coordinates: [47.496746, -53.004389]
Rooms
| Second level | Bath (# pieces 1-6) Bath (# pieces 1-6) Family room Recreation room Eat in kitchen Bedroom Bedroom | 6.11x3.1 null 8.5x5.11 null 15.3x12.9 null 18.2x12.7 null 11.8x13.3 null 9.7x12.8 null 11.1x9.4 null |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Foyer Living room Kitchen Dining room | 8x6.5 null 8x5 null 10.3x11.6 null 8.7x11.6 null 13x11.8 null 7.1x8.11 null 16.4x16.2 null 7.10x11 null 8.6x11 null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,671 | $32,052 |
| Gross rental income (income/principal ratio) | 0.685% | 8.221% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $488 | $5,856 |
| Vacancy | $134 | $1,603 |
| Management Fee | $214 | $2,565 |
| Expense / Income Ratio | 18.27% | 18.27% |
| Cash Flow | $1,836 | $22,032 |
| Net Operating Income (NOI) | $1,836 | $22,032 |
| Capitalization Rate | 0.47% | 5.65% |
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