About this propertyMLS® 1304587
Newly built in 2021, this stunning 1,635 sq. ft. open-concept bungalow in Cape St. George offers 3 bedrooms, 2 bathrooms, ocean views, and TWO garages! The spacious entry is perfect for welcoming a crowd, while the modern kitchen features beautiful custom cabinetry, a large island, and pantry. The home also includes a generous laundry room with utility sink and extra storage. Appliances included: fridge, stove, microwave, dishwasher, washer, and dryer. But the real bonus? Two versatile garages offering incredible potential! The garage near the home features a 24' x 24' workshop plus an attached 24' x 16' heated space with running water and a heat pump, currently set up as a spa. Think tattoo studio, salon, massage or wellness studio, home-based business, or creative workspace! The second garage boasts an extra-tall garage door and ceilings in one section, ideal for a mechanic's lift, plus additional storage, a chicken coop, and an insulated upstairs workshop with breathtaking coastal views. Enjoy the best of both worlds: modern comfort, room to work and play, and nature right at your doorstep. Close to the wharf, nature trails, schools, community centre, fire hall, and local amenities, this property is full of opportunity! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Ensuite Bath (# pieces 1-6) Kitchen Living room/Dining room | 4pc 3pc 14 x 12 20 x 22 |
The essentials
Location, air, flood & taxes
Elevation
25 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Nearby & drive routes
3 places shown · OpenStreetMap · OSRM
Schools 1
Health 1
Parks 1
Plan ahead
Calculators & neighbourhood
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Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-498
NOI / month
$-498
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $498 | $5,976 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-498 | $-5,976 |
| NOI | $-498 | $-5,976 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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