For sale · MLS® 1304805
7 Emily Place
Conception Bay South, NL, A1X4B3
List price
$429,900
About this propertyMLS® 1304805
Welcome to The Gables III by New Victorian Homes, a thoughtfully designed semi-detached bungalow located at 7 Emily Place in the sought after Lawrence Pond Estates subdivision in Conception Bay South, with an anticipated completion date of January 2027. Designed with modern living in mind, this brand new home offers the perfect combination of style, comfort, and everyday functionality, with convenient single level living ideal for first time buyers, downsizers, or anyone looking to simplify without sacrificing space or convenience. The bright open concept layout seamlessly connects the kitchen, dining, and living areas, creating an inviting space perfect for entertaining or relaxing at home. The spacious kitchen features a walk in pantry and ample cabinetry, providing excellent storage and organization, while large windows allow plenty of natural light throughout. The primary bedroom includes a walk in closet, while the second bedroom offers flexibility for guests, a home office, or additional living needs. A dedicated laundry room, convenient mudroom, and attached single car garage add to the home's thoughtful design, making everyday living that much easier. 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. (id:56688)
Property details
Coordinates: [47.480348, -53.05059]
Rooms
| Main level | Bedroom Bath (# pieces 1-6) Primary Bedroom Laundry room Dining room Kitchen Living room Porch | 10.10x10.0 null 4PC null 13.3x11.4 null 8.0x6.0 null 11.0x13.2 null 14.5x15.3 null 14.5x16.10 null 5.0x6.4 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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