For sale · MLS® 1303412
7 Jakes Lane
Conception Bay South, NL, A1X7X1
List price
$319,000
About this propertyMLS® 1303412
IN-LAW SUITE WITH A VIEW! Set back off Dunns Hill Road right in the heart of Conception Bay South on a quiet cul-du-sac, 7 Jakes Lane isn't your average cookie-cutter bungalow. This 4-bedroom home captures stunning views of Conception Bay, an in-law suite, and shed. The heart of the home is the country kitchen, where the view of Conception Bay turns into your daily backdrop for morning coffees and family suppers. Right off the kitchen sits a bright, easy-flowing living room designed for relaxed everyday living. The primary bedroom features double closets and its own 3-piece ensuite with a stand-up shower. Forget dark basements, this bright lower level above ground in-law suite features hardwood floors and an open-concept layout. It comes complete with a chef-friendly kitchen anchored by a sweet eat-up bar, independent laundry hookups, a spacious bedroom, and a private covered patio so you can take in the fresh air rain or shine. Outside you'll find 12' x 18' detached, wired shed fitted with a garage door—ideal for your storage and a workshop space. Within minutes stroll over to the CBS Recreation Complex (pool and library), hit the nearby shops, or hop directly onto the T’Railway coastal trails. All the conveniences off Conception Bay Highway are at your fingertips as well.Whether you're looking for a solid family home, a quiet place where generations can comfortably share space, an investment opportunity or your first home 7 Jakes Lane delivers the view, the layout, and the location. SELLERS DIRECTION: There will be no conveyance of any written offers prior to 2:00PM on November 5/2026. All offers to remain open for acceptance until 7:00PM on November 5/2026. This property has it all and won't last long! (id:56688)
Property details
Coordinates: [47.505079, -52.980513]
Rooms
| Lower level | Bath (# pieces 1-6) Kitchen Eating area Living room Bedroom Laundry room | 4 PC null 11 x 12 null 12 x 9.5 null 11.7 x 14.8 null 11.6 x 12 null 12 x 9 null |
| Main level | Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Kitchen Living room | 9.6 x 9.4 null 10.4 x 8.2 null 3 PC null 11 x 8.2 null 4 PC null 11 x 16.3 null 11 x x14 null |
Basic Calculator
First Mortgage: $255,200
Mortgage insurance premium: $0
Total Financing: $255,200
Rough closing fee (1.5%): ~ $4,785
Total downpayment with estimated closing fee: $68,585
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,174 | $26,088 |
| Gross rental income (income/principal ratio) | 0.682% | 8.178% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $399 | $4,788 |
| Vacancy | $109 | $1,305 |
| Management Fee | $174 | $2,088 |
| Expense / Income Ratio | 18.35% | 18.35% |
| Cash Flow | $1,493 | $17,916 |
| Net Operating Income (NOI) | $1,493 | $17,916 |
| Capitalization Rate | 0.47% | 5.62% |
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