For sale · MLS® 1304829
5 Emily Place
Conception Bay South, NL, A1X4B3
List price
$429,900
About this propertyMLS® 1304829
Welcome to The Gables III by New Victorian Homes, a beautifully designed semi-detached bungalow located at 5 Emily Place in the sought after Lawrence Pond Estates subdivision in Conception Bay South. Thoughtfully crafted with modern living in mind, this brand new build offers the perfect combination of style, functionality, and effortless grade level living ideal for downsizers, first time buyers, or anyone looking for a low maintenance lifestyle without compromise. The bright open concept layout seamlessly connects the kitchen, dining, and living areas, creating an inviting space perfect for everyday living and entertaining. The spacious kitchen features a walk-in pantry and excellent storage, while large windows fill the home with natural light throughout. The primary bedroom includes a walk-in closet, with a second bedroom offering flexibility for guests or a home office. A dedicated laundry room, mudroom, and an attached single car garage complete this incredibly practical and well thought out layout. Built to New Victorian Homes' premium construction standards, this home includes digital thermostats, R22 insulated walls, R50 attic insulation, a heat recovery ventilation system, and electric baseboard heating for energy efficient comfort year round. The purchase price includes HST, all applicable permits and fees, a 10 Year Atlantic Home Warranty, and New Victorian Homes' one year wall to wall builders coverage. Anticipated completion date of Christmas 2026. (id:56688)
Property details
Coordinates: [47.480462, -53.050361]
Rooms
| Main level | Bedroom Bath (# pieces 1-6) Primary Bedroom Laundry room Dining nook Kitchen Living room Foyer | 10.10 x 10 null 4 PC null 13.3 x 11.4 null 8 x 6 null 11 x 13.2 null 14.5 x 15.3 null 14.5 x 16.10 null 5 x 6.4 null |
Basic Calculator
First Mortgage: $343,920
Mortgage insurance premium: $0
Total Financing: $343,920
Rough closing fee (1.5%): ~ $6,449
Total downpayment with estimated closing fee: $92,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,431 | $17,172 |
| Gross rental income (income/principal ratio) | 0.333% | 3.994% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $538 | $6,456 |
| Vacancy | $72 | $859 |
| Management Fee | $115 | $1,374 |
| Expense / Income Ratio | 37.60% | 37.60% |
| Cash Flow | $707 | $8,484 |
| Net Operating Income (NOI) | $707 | $8,484 |
| Capitalization Rate | 0.16% | 1.97% |
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