Primary photo of 16 Cedar Lane, Springdale
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Two Apartment House For Sale

$339,999

MLS® Number: 1292971

Bedrooms

4

Bathrooms

2

Floor Area

1,700

Year Built

2023

16 Cedar Lane, Springdale, Newfoundland & Labrador

About This Property

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.

Property Details

Interior Details

Appliances

Refrigerator, Stove

Bathrooms Partial

0

Bathrooms Total

2

Bedrooms Total

4

Cooling

Air exchanger

Flooring

Laminate

Heating

Baseboard heaters, Electric

Living Area

1700 sqft

Building & Exterior

Architectural Style

Bungalow

Exterior Features

Vinyl siding

Foundation Details

Concrete

Year Built

2023

Land & Location

Lot Size Dimensions

6625 sf

Postal Code

A0J1T0

View

Ocean view

Listing & Financials

Listing Office

RE/MAX Central Real Estate Ltd - Springdale

Originating System Name

Newfoundland & Labrador Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($68,000)
5.5%
25 Years

Estimated Monthly Payment

$1,670

Principal and interest only. Actual rates may vary.

Location & Map

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