For sale · MLS® 1305057
7 Slate Place
Conception Bay South, NL, A1X3C3
List price
$789,900
About this propertyMLS® 1305057
Tucked away in a quiet cul-de-sac, this beautiful two-apartment executive home is definitely one of a kind. Exceptional private setting and impressive front landscaping. The main floor features a living room, dining room, family room, and a nice kitchen area. The primary bedroom has a full bathroom and a large walk in closet, plus another large bedroom with its own separate bathroom. The fully developed basement is also impressive, featuring a large rec room and family area perfect for gatherings and fun nights. Completing the package is the registered two-bedroom apartment. How amazing is that! Come see this beautiful home and wander around the huge back garden. (id:56688)
Specifications
Property details
Overview
The home
Systems & utilities
Size & land
Taxes
Parking & outdoor
Features
Fees & source
Room by room
Rooms
View rooms as table
| Basement | Laundry room Utility room Bath (# pieces 1-6) Bedroom Bedroom Recreation room Family room | 14.4 x 17.5 · 252 sqft 14.7 x 14.7 · 216 sqft 10 x 9.3 · 93 sqft 8.9 x 13 · 116 sqft 12 x 14.7 · 176 sqft 11.9 x 30 · 357 sqft 13.7 x 39 · 534 sqft |
| Second level | Bedroom | 19.3 x 11.9 · 230 sqft |
| Main level | Bath (# pieces 1-6) Not known Not known Ensuite Primary Bedroom Kitchen Family room Dining room Living room | 2 Pc 9.6 x 12.2 · 117 sqft 10.10 x 12.9 · 130 sqft 12.6 x 8.8 · 111 sqft 17.2 x 13.11 · 225 sqft 10.9 x 13 · 142 sqft 11.3 x 12.10 · 137 sqft 9.11 x 14.6 · 133 sqft 15.5 x 20.5 · 318 sqft |
The neighbourhood
Conception Bay South at a glance
Live market stats for Conception Bay South — what's for sale, what it costs, how it compares to nearby towns, and how walkable this address is.
Homes for sale here
139
Median list price
$319k
Price range
$50k – $5M
Typical build
2008
Average size
2,449 sqft
Where Conception Bay South listings are priced
Every active list price in Conception Bay South, grouped into bands.
List price, thousands of $ · 139 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 45 |
| 200–300 | 21 |
| 300–400 | 20 |
| 400–500 | 23 |
| 500–750 | 15 |
| 750–1M | 12 |
| 1M+ | 3 |
How Conception Bay South compares
Median list price against the next biggest markets — click a row for that area guide.
Conception Bay Southnearby markets
Neighbourhood scores
Walk, bike, and transit for this exact address.
The essentials
Location, air, flood & taxes
Elevation
19 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 2 · Low risk · St. John's · updated 5:00 p.m.
Flood & zoning are mapped for St. John's only
Property tax
$4,100 / year
≈ $342 / month
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
17 places shown · 3 routes · OpenStreetMap · OSRM
- 25 min to downtown St. John's29 km
- 25 min to Memorial University28.3 km
- 30 min to Avalon Mall35.1 km
Schools 9
Health 3
Groceries 3
Cafés 1
Parks 1
Cost & context
What this home really costs
Winter heat, five years of ownership, how this price sits against the market, and what the map says is within walking distance — every figure captioned with its assumptions.
Winter warmer
Jan–Mar · estimate
$360/mo
Est. winter heating (heat pump electricity) — about $1,080 for January through March.
Estimate — not an appraisal. heat pump electricity at 15.587¢/kWh (Newfoundland Power, eff. Jul 1 2026, pre-HST). 4,149 sqft. Climate severity defaults to the St. John's normal (no station nearby). Jan–Mar only; excludes HST, hot water, cooking and any cooling.
5-year cost of ownership
20% down · 25-yr
5-year all-in: $251,014
Closing costs + five years of running costs + 60 mortgage payments on a $789,900 home.
If rates rise 2 points
$45,131 more over five years if the rate is 6.44% instead of 4.44% — P&I only.
Once, at closing
- Land transfer (registration) fee$100 + $0.40 per $100 over $500, capped at $5,000$3,258
- Legal feesest.estimate — your lawyer quotes the exact figure$1,500
- Down payment (20%)$157,980
Every year
- Heatingest.2× the Jan–Mar estimate (heating season ≈ 6 months)$2,160
- Property taxfrom the feed$4,100
- Home insuranceest.estimate — NL range $700–$1,500/yr$1,100
× 5 years = $36,800
By down payment
| Down | Payment | 5-yr all-in | Note |
|---|---|---|---|
| 5% | $4,145 | $290,287 | needs mortgage insurance (not modelled) |
| 10% | $3,927 | $277,196 | needs mortgage insurance (not modelled) |
| 20% | $3,491 | $251,014 | no mortgage insurance |
Estimates — not a quote or an appraisal. Mortgage at 4.44% (best market 5-yr fixed, Ratehub.ca, 2026-11-02), 25-year amortization, P&I only. Land transfer fee: Registry of Deeds schedule ($100 + $0.40/$100 over $500, cap $5,000). Legal $1,500 and insurance $1,100/yr (NL range $700–$1,500) are estimates. Heating is 2× the Jan–Mar winter estimate. 5-year all-in = closing costs + 5 years of running costs + 60 mortgage payments; it excludes CMHC insurance (needed below 20% down), utilities other than heat, and maintenance.
Rate time machine
same house · same down payment
Same house, same down payment — your payment today at 4.44%best market rate · posted was 6.19%
- Today, best market rate2026-11-02 · 4.44%$3,491/mo
- Today, posted2026-10-28 · 6.19%$4,145/mo
- 5 years ago2021-11-03 · 4.79%$3,617/mo
- 10 years ago2016-11-02 · 4.64%$3,563/mo
At 6.19% — five years ago — the same mortgage would have cost $654 more each month than at today's posted rate.
Principal & interest only: $631,920 (80% of the $789,900 asking price — 20% down), 25-year amortization. No taxes, insurance, fees, or mortgage insurance. Today's rate is the Bank of Canada conventional 5-year rate observed 2026-10-28. The 5- and 10-year rows are two documented observations of that same series (2021-11-03 = 4.79%, 2016-11-02 = 4.64%, retrieved 2026-11-01 from bankofcanada.ca/valet) — fixed reference points, not a modelled path between them. Estimate — not an offer of credit; your lender's rate will differ.
Price ghosts
$/sqft vs 78 active
Priced at the 28th percentile of active Conception Bay South homes
$190/sqft — city median $229/sqft.
Errand score
walk-time weighted
34
grocery 360 m, school 680 m
Nearest errand: Dough Bys Bakery (grocery) — 360 m, about 5 min on foot.
Walk-time-weighted from OpenStreetMap + ODEF school data; straight-line distance at 4.8 km/h. Weights: grocery 1.0, school 0.9, health 0.8, park 0.4, café 0.35, bus 0.3 — nearest place per category only. Half-value every 6 minutes of walking; nothing scores past a 15-minute walk. 100 = every category at the door. This is a mapping of what's drawn on the map, not a survey of what exists.
Ask this listing
open data · 3 questions
- School within 1 km?Yes · 680 mWoodford's Training Centre
- Grocery nearby?Yes · 360 mDough Bys Bakery
- Bus stop?No bus stop mapped within 800 m
From OpenStreetMap + ODEF schools (straight-line distance) and the City of St. John's flood & zoning maps. Flood and zoning are mapped for St. John's only; elsewhere those questions don't appear because we don't know the answer.
Monthly carrying cost
$3,521/mo
Plan ahead
Calculators
Estimate payments and returns before you make an offer — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$342/mo
Principal & interest $0 + property tax $342 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-987
NOI / month
$-987
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $342 | $4,100 |
| Expenses | $646 | $7,752 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-987 | $-11,844 |
| NOI | $-987 | $-11,844 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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