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$339,999

2+2 Beds

2 Baths

1700 FEETSQ

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Springdale NL, A0J 1T0

MLS® # 1292971

Property Information:

Presenting a turnkey investment opportunity with this contemporary two-unit apartment building, newly constructed in 2023. Thoughtfully designed for comfort and functionality, each self-contained unit features two bedrooms, a full bathroom, a bright open-concept living area, and in-suite laundry. The building is equipped with electric baseboard heating, an air exchanger, and two 100-amp breaker panels. Each unit has a gravel driveway and separate entrance. This property offers an ideal solution for investors seeking low-maintenance income potential or for buyers looking to reside in one unit while generating rental income from the other. (id:27)

Building Features:

  • Style: Detached
  • Building Type: Two Apartment House
  • Architectural Style: Bungalow
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Fixture: Drapes/Window coverings
  • Floor Space: 1700 sqft
  • Flooring Type: Laminate
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Air exchanger
  • Appliances: Refrigerator, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 2+2
  • Bathrooms: 2
  • Access Type: Year-round access
  • Built in: 2023
  • Floor Space (approx): 1700 Square Feet
  • Irregular: Yes
  • Lot Size: 6625 sf
  • View Type: Ocean view
  • Zoning: Residential
  • Sewer: Municipal sewage system

Rooms:

  • Laundry Basement Level 8.10 X6.2
  • Bathroom Basement Level 5.7 X 8.10
  • Bedroom Basement Level 9.7 X 8.7
  • Bedroom Basement Level 10.5 X 13.4
  • Living Basement Level 12.4 X 21.6
  • Laundry Main Level 6.8 X 8.4
  • Bathroom Main Level 6.1 X 7.8
  • Bedroom Main Level 14.6 X 7.8
  • Bedroom Main Level 11.3 X 8.4
  • Kitchen Main Level 13.1 X 11.5
  • Living Main Level 13.1 X 8.2

Courtesy of: RE/MAX Central Real Estate Ltd - Springdale

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Location of 16 Cedar Lane, Springdale, Newfoundland & Labrador, A0J 1T0

Demographic Information of 16 Cedar Lane, Springdale, Newfoundland & Labrador, A0J 1T0

Life Stage

Older Couples

Employment Type

Blue Collar/Primary

Average Household Income

$94,190.29

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.95 %

High school certificate or equivalent

25.16 %

Apprenticeship trade certificate/diploma

11.89 %

College/non-university certificate

22.05 %

University Degree

13.95 %

Commuter

Travel To Work

By Car

89.98 %

By Public Transit

0.0 %

By Walking

6.38 %

By Bicycle

0.0 %

By Other Methods

3.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.1 %

Houses

93.9 %

Own Vs. Rent